Active

646-662 Port Richmond Avenue

Staten Island NY, 10302

$10,700,000


$394.08 per sqft

Active

42 Beds

42 Baths

27,152 sqft

Residential

Built in 1974

**STANDOUT OPPORTUNITY: THIS BUILDING IS NOT RENT STABILIZED**, OFFERING FLEXIBILITY TO ADJUST RENTS AND HIGHER POTENTIAL RENTAL INCOME, WITH SIGNIFICANT ROOM FOR FUTURE GROWTH. THE 43-UNIT ALL-BRICK GARDEN-STYLE APARTMENT IS AN INCREDIBLE INVESTMENT OPPORTUNITY IN STATEN ISLAND:!
THIS 27,152 SQ. FT. ALL-BRICK BUILDING OFFERS 43 RENTAL UNITS AND IS A PRIME INVESTMENT WITH EXCEPTIONAL UPSIDE POTENTIAL. FEATURING A 3-YEAR-OLD ROOF, 6-YEAR-OLD STATE-OF-THE-ART HEATING SYSTEM, AND A 6,000 SQ. FT. BASEMENT WITH LAUNDRY FACILITIES, THIS PROPERTY IS READY FOR IMMEDIATE REVENUE GENERATION. LOCATED ON A 200' X 180' LOT WITH 39 PRIVATE PARKING SPACES, THIS BUILDING INCLUDES 1 LARGE OFFICE, 13 TWO-BEDROOM APARTMENTS, 17 ONE-BEDROOM APARTMENTS, AND 12 STUDIO APARTMENTS. LOCATED IN THE HIGHLY CONVENIENT PORT RICHMOND NEIGHBORHOOD, THE PROPERTY BENEFITS FROM EASY ACCESS TO LOCAL CITY BUSES TO BROOKLYN, MANHATTAN, AND THE STATEN ISLAND MALL. THIS IS A RARE OPPORTUNITY TO INVEST IN STATEN ISLAND, ONE OF NYC'S MOST PROMISING AREAS. FINANCIALS AVAILABLE UPON REQUEST. DON'T MISS OUT ON THIS ONCE-IN-A-LIFETIME INVESTMENT--CONTACT AGENT DIRECT FOR DETAILED FINACIALS !!

1163405

MLS ID

February 13, 2024

Listed

November 22, 2024

Updated

Map

646-662 Port Richmond Avenue
Staten Island NY, 10302

Interior Features

Total Stories

3


Bedrooms

42


Total Bathrooms

42


Full Bathrooms

42


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.83 Acres


Sewer

City

Other Property Details

Area Name

Port Richmond


Taxes

$111,965


Tax Frequency

Annually


Garage

No


Parking

Off Street


View

No


County

Richmond


Pool

No


Zoning

R3A

 

Courtesy of Neuhaus Realty, Inc.

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