69 Starbuck Street

Multi-Family Investment Opportunity in Grymes Hill – 69 Starbuck St, Staten Island

Overview:
69 Starbuck St features a stately 3 -story multi-family building in the Grymes Hill neighborhood of Staten Island. Multiple balconies offer scenic views of the Verrazzano Bridge and the water, while the expansive backyard provides space for outdoor dining.

This property is fully occupied and includes six rent-stabilized units with a mix of 3-bedroom, 2-bedroom and 1-bedroom units. Additionally, a full basement is leased separately, generating additional rental income.

Location:
Located on the North Shore of Staten Island, 69 Starbuck is just 2 blocks from Richmond Rd which has dining and food options and access to local buses S74 and s76. Situated close to Wagner College, the former St John’s University, Notre Dame Academy and Michael J. Petrides School (Pre-K–12), this property has access to some of the premier education institutions on Staten Island.

Highlights:

6 UNITS

• One – 3 bedroom / 2 bathroom unit on the 3F
• One – 3 bedroom / 1 bathroom unit on the 1F
• One – 2 bedrrom / 1 bathroom unit on 2F
• Three – 1 bedrrom / 1 bathroom units on 1F and 2F

SALES PRICE: $2,300,000 / $383,333 PER UNIT
 CAP RATE: 5.7% / NOI: $129,720
 2025 REAL ESTATE TAXES: $23,199
 ZONING: R3-2
 YEAR BUILT: 1954