219-225 Broad Street is a mixed-use building in the vibrant and growing neighborhood of Stapleton. This asset offers an excellent investment opportunity with a blend of residential and commercial spaces, designed to cater perfectly to the Stapleton sub-market. This property details:1 x 2-bedroom apartment 2 x 5-bedroom apartments.Commercial Units: 2… Read More commercial spaces with ample parking available for residents and customers. Situated directly across the street from the largest residential community on Staten Island, the Stapleton Houses, which consists of 693 units, ensuring a steady stream of foot traffic for the commercial spaces. Just 1.6 miles from the Staten Island Ferry, offering a convenient commute to Manhattan. Surrounded by numerous new construction projects and neighborhood retail shops, adding to the area's appeal and growth potential. Financials: Projected Gross Annual Income: 202,000 Net Operating Income (NOI): 140,000+. This property is a prime opportunity for investors looking to capitalize on the growing demand in Stapleton. Its strategic location, combined with a mix of residential and commercial units, promises both stability and growth. Read Less
Courtesy of American Homes Group.
Listing Snapshot
Days Online
144
Last Updated
Property Type
Single Family
Square Ft.
8,548
Lot Size
0.17 Acres
Year Built
1931
MLS Number
2406699
30 Days Snapshot Of 10305
$716k
0%
(avg) sold price
23
+9%
homes sold
167
+14%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1931, Building area total: 8,548, Leasable area: 8548, 2 buildings, 3 total stories, Construction materials: "Frame"
Expenses
Operating expense: $59,099
Heating
"Hot Water", "Natural Gas"
Income
Gross income: $202,656, Net operating income: $143,557
Lot
0.17 acres, 7,500 square feet, Area: 7,500
Parking
4 total parkings, "Covered", "Private", "Street"
Property
Zoning: R3 - 2
Sewer
"City"
Taxes
Tax annual amount: $32,492
Utilities
Electric: "220 Volts"
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