Description
Location location location!an exceptional investment opportunity awaits in the highly desirable father capodanno blvd area of staten island! just minutes from the iconic south beach, close to new york city, shops, and transportation, this 16-unit studio building is a gem for any savvy investor.property highlights:current monthly income: $25,833annual gross income: $310,000yearly expenses: approximately $75,000net operating income (noi): $233,800zoned for legal sro (single room occupancy) with r6 zoningoffering immense potential for redevelopment or maximizing rental income.potential for increased rents: significant opportunity to improve monthly rental income.building features:immaculate condition with well-maintained and updated units.newly installed plumbing, heating system, and electrical systems.renovated kitchens and bathrooms throughout the building.strong tenant base with legal permitted sro use.updated mechanicals ensure lower maintenance and long-term savings.this turnkey property is a rare find, offering both steady income and room for growth. whether you're expanding your portfolio or seeking a prime income-producing property in a sought-after location, this building delivers on every front.contact us today for more information or to schedule a private showing!
Property Type
ResidentialCounty
Richmond (Staten Island)Style
OtherAD ID
48386451
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BuyOwner last updated this listing 01/22/2025 @ 01:50
- MLS: 815156
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: OneKey
is a Home, with 16 bedrooms which is for sale, it has 4,060 sqft, 4,060 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Staten Island , in zip code 10305, this Richmond County Home and are nearby neighborhoods.