Presenting 90 Vreeland Street of Staten Island, NY 10302, an exceptional investment opportunity located situated for high occupancy and high cash flow. This well-maintained property features 3 apartments and 13 Class B 'SRO' rooms, ideally situated in the heart of Port Richmond with direct access to transportation, shopping and Port… Read More Richmond Avenue. Priced at a 15 cap -The property is on track to generate 399,134 in 2025, projecting a 2025 NOI of 218,110.74. With capital improvement projects already completed, investors and anticipated reduced CapEx expenditures over the next several years, maximizing returns while benefiting from significant upside potential. For the sophisticated investor, 90 Vreeland represents rare cash flow opportunity in today's market-combining stability, growth and long-term value. Read Less
Courtesy of Cornerstone Realty.
Listing Snapshot
Days Online
5
Last Updated
Property Type
Single Family
Beds
16
Square Ft.
4,368
Lot Size
0.14 Acres
Year Built
1920
MLS Number
2505800
30 Days Snapshot Of 10302
$638k
+17%
(avg) sold price
4
-33%
homes sold
172
+45%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1920, Building area total: 4,368, 3 stories, Construction materials: "Stone", "Stucco"
Cooling
"Units"
Heating
"Hot Water", "Natural Gas"
Income
Gross income: $371,935
Lot
0.14 acres, 6,000 square feet, Area: 6,000
Parking
"Off Street"
Property
Zoning: C4-2
Sewer
"City"
Taxes
Tax annual amount: $41,502
Utilities
Electric: "220 Volts"
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