NY > Staten Island
Staten Island, NY 10301,16-18 Butler TER
Staten Island, NY 10301,16-18 Butler TER
Staten Island, NY 10301,16-18 Butler TER
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$1,699,000
Est. payment /mo
10 Beds
4 Baths
4,224 SqFt
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Key Details

Property Type Multi-Family

Sub Type 4F

Listing Status Active

Purchase Type For Sale

Square Footage 4,224 sqft

Price per Sqft $402

MLS Listing ID 2406641

Bedrooms 10

Full Baths 4

Year Built 1901

Annual Tax Amount $10,325

Lot Size 7,695 Sqft

Acres 0.18

Lot Dimensions 44 x 48

Property Sub-Type 4F

Source Staten Island Multiple Listing Service

Property Description

Prime Multi-Family Investment Opportunity!
Discover an exceptional investment opportunity with this updated multi-family property in the New Brighton neighborhood of Staten Island. Featuring four units in excellent condition: Two (3) bedroom units and two (2) bedroom units. Each unit is individually metered, offering convenience and efficiency for tenants. Situated on a street-to-street lot, this property was renovated in 2022, ensuring modern amenities and quality finishes throughout. Key highlights: four units in excellent condition, individually metered units, value-add potential, includes two additional rental garages, providing an attractive value-add opportunity for increased revenue.
Street-to-Street Property, Butler Terrace to Brighton Ave with an impressive return: Gross income is 149,000+ with a Net Operating Income (NOI) exceeding 120,000 annually, this property promises strong cash flow and a solid return on investment.

Location

State NY

County Richmond

Area New Brighton

Zoning R3-2

Interior

Heating Hot Water, Natural Gas

Exterior

Parking Features Off Street, Detached

Garage Spaces 4.0

Total Parking Spaces 4

Building

Sewer City

Structure Type Stucco

New Construction Yes

Others

Tax ID 00085-0032

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Listed ByAmerican Homes Group

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agent
Hal Blake

Broker | License ID: 10491210994

+1(718) 608-4892

1110 South Ave, Staten Island, NY, 10314-3403, USA

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