Turn-key mixed-use investment in Stapleton! Custom-built in 2020, this three-story, steel-frame elevator building offers 8 two-bedroom luxury apartments over 3 commercial storefronts, all currently leased with strong income and a tax abatement in place, the numbers make sense for both long-term hold and 1031 exchange buyers. The property is also… Read More located within an Opportunity Zone, offering significant potential tax advantages. Each residential unit features a granite kitchen with dining area and a private balcony, beautiful custom-tiled baths, hardwood floors throughout, washer/dryer hookup, modern appliances including a dishwasher, split-system heating & central air, tankless hot water heater, and separate utilities. Tenants also benefit from on-site parking and basement storage. The three commercial spaces are currently occupied by a school, including rented parking and access to the rear yard; a very stable, low-touch income stream. Located along Van Duzer Street, the building is close to the Staten Island Railway, multiple bus lines (S52, S74, S78), and just a short ride to the Staten Island Ferry, Empire Outlets, shopping, restaurants, parks, banks, public pool, and the Bay Street waterfront. A clean, well-kept building with minimal maintenance, offering a rare opportunity to add a high-quality mixed-use asset to your portfolio. Read Less
Courtesy of Momentum Real Estate LLC.
Listing Snapshot
Days Online
46
Last Updated
Property Type
Single Family
Square Ft.
14,784
Lot Size
0.3 Acres
Year Built
2018
MLS Number
2506897
30 Days Snapshot Of 10304
$694k
-32%
(avg) sold price
15
+7%
homes sold
161
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2018, Building area total: 14,784, Leasable area: 14784, 1 building, 3 total stories, Construction materials: "Other", "Block"
Cooling
"Central"
Heating
"Natural Gas", "Other"
Lot
0.3 acres, 13,064 square feet, Area: 13,064
Parking
8 total parkings
Property
Zoning: R3-2
Sewer
"City"
Taxes
Tax annual amount: $7,301
Utilities
Electric: "220 Volts"
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