I am pleased to present an opportunity to acquire 238 York Avenue, a multifamily asset that generates stable income, situated in Staten Island's North Shore. This market is rapidly evolving and benefiting from significant public and private infrastructure investments. The property features a 6.61 in-place cap rate and a 7.37… Read More pro-forma cap rate, which ensures robust cash flow from the start, along with potential for future appreciation. Investors have the opportunity to enhance NOI and maximize returns through operational efficiencies and incremental rent adjustments. Read Less
Courtesy of Ozana Realty Group.
Listing Snapshot
Days Online
134
Last Updated
Property Type
Single Family
Beds
10
Full Baths
5
Square Ft.
3,700
Lot Size
0.12 Acres
Year Built
1931
MLS Number
2501496
30 Days Snapshot Of 10301
$643k
-25%
(avg) sold price
11
-35%
homes sold
191
+46%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1931, Building area total: 3,700, 3 stories, Construction materials: "Brick"
Expenses
Operating expense: $26,876
Garage
2 garage spaces
Heating
"Forced Air", "Natural Gas"
Income
Gross income: $132,576, Net operating income: $105,700
Lot
0.12 acres, 5,100 square feet, Area: 5,100
Parking
"Off Street"
Property
Zoning: R2
Sewer
"City"
Taxes
Tax annual amount: $6,696
Utilities
Electric: "220 Volts"
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