Staten Island, NY 10304,12-34 Court ST
Staten Island, NY 10304,12-34 Court ST
Staten Island, NY 10304,12-34 Court ST
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$5,200,000
Est. payment /mo
33 Beds
24 Baths
31,250 SqFt
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Key Details

Property Type Commercial

Sub Type 9+F

Listing Status Active

Purchase Type For Sale

Square Footage 31,250 sqft

Price per Sqft $166

MLS Listing ID 2504940

Bedrooms 33

Full Baths 24

Year Built 1947

Annual Tax Amount $37,523

Lot Size 0.755 Acres

Acres 0.75

Lot Dimensions 263 X 125

Property Sub-Type 9+F

Source Staten Island Multiple Listing Service

Property Description

This package deal includes two garden apartment buildings with a total of 24 units: one building has 16 units, and the other has 8 units. There is a total of 14 garages, with 10 built-in and 4 detached. The total square footage of the buildings is 31,250 square feet (24,800 square feet for the 16-unit building and 6,450 square feet for the 8-unit building). Both buildings are constructed of brick and feature large apartments with hardwood floors throughout. There are total (8 one bdr, 13 two bdr and 3 three bdr) apartments and are in an excellent condition.

The current rent roll for the buildings is 751,068, generating a positive cash flow of 535,418. This indicates a capitalization rate (cap rate) exceeding 10 pct, which suggests a strong return on investment. Income and expenses breakdown available upon request.

Location

State NY

County Richmond

Area Stapleton

Zoning R3-2

Interior

Heating Steam, Natural Gas

Cooling Units

Building

Story 2

Sewer City

Level or Stories 2

Structure Type Brick

New Construction No

Others

Tax ID 00520-0007-0034


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Listed ByRobert DeFalco Realty, Inc.

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Hal Blake
Hal Blake

Broker | License ID: 10491210994

+1(718) 608-4892

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

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