1368 Clove Rd
Staten Island,
NY
10301
Property Details
List Price: |
$1,999,900 |
Beds: |
-- |
Baths: |
4 |
Status: |
Active |
SqFt: |
-- |
Agency: |
CENTURY 21 PAPP REALTY |
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Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1964 |
Notes: |
: Attention investors! Pick up this 6 unit mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYC dept of buildings). First level was formerly comprised of 2 residential apartments (1- 1 bedroom unit and 1-2 bedrooms unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office use. 3 of 6 units currently leased with 2% increases built in, Potential gross annual income is $156,000. Gross annual expenses $42,000. NOI is potentially $114,000. Located minutes from restaurants, express and local buses and shopping. |
MlsNumber: |
11224943 |
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Listing Provided By: |
CENTURY 21 PAPP REALTY, original listing |
Name: |
CENTURY 21 PAPP REALTY |
Office Name: |
CENTURY 21 PAPP REALTY |
Agent Name: |
Angelo Pappalardo |
Disclaimer: |
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |