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$499,999

Est. payment - /mo

4 Beds

2 Baths

1,540 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,540 sqft

Price per Sqft $324

MLS Listing ID 2605662

Style Other

Bedrooms 4

Full Baths 2

Construction Status Fair

Year Built 1910

Annual Tax Amount $3,963

Lot Size 2,500 Sqft

Acres 0.06

Lot Dimensions 25x100

Property Sub-Type Duplex

Source Staten Island Multiple Listing Service

Property Description

Exceptional Stapleton Investment Opportunity This well-positioned two-family home at 191 Targee Street offers an attractive investment opportunity in Stapleton, featuring a 2-bedroom apartment over a 2-bedroom apartment. With an impressive 8.7 CAP Rate, this property provides investors with a solid income-producing asset and an excellent addition to any portfolio. Even more compelling, 191 Targee Street can be purchased together with the neighboring investment property at 193 Targee Street creating the opportunity to acquire both properties as a package. When purchased together, the combined portfolio delivers an impressive 10.3 CAP Rate, offering investors enhanced cash flow and the potential to maximize their return through the acquisition of two adjacent income-producing properties. The seller prefers a package deal, making this a unique opportunity for an investor seeking to establish a larger presence in Stapleton while taking advantage of the economies and efficiencies that come with owning neighboring properties. Whether purchased individually or as part of the package, 191 Targee Street presents an outstanding investment opportunity. For investors focused on income, scale, and long-term upside, this is one you won't want to miss.

Location

State NY

County Richmond

Area Stapleton

Zoning C8-1

Rooms

Basement Full, Unfinished

Interior

Heating Natural Gas, Hot Water

Cooling None

Exterior

Parking Features On Street

Building

Lot Description Front Yard, Back Yard

Sewer Public Sewer

Architectural Style Other

Structure Type Vinyl Siding

New Construction No

Construction Status Fair

Others

Tax ID 00563-0052

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Listed ByMartino Realty Group

Nearby Locations

GET MORE INFORMATION

Hal Blake

Broker License ID: 10491210994

hal@yhsgrnyc.com

+1(718) 608-4892

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

191 Targee ST Staten Island, NY 10304