26-32 Narrows Road S, Staten Island, NY
$4,450,000
Concord - 9+F - 10305
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13,860
Building Sqft
23,200
Lot Sqft
0.53
Acres
About 26-32 Narrows Road S
14 unit apartment and 2 office space with 2 parking lots for sale! Meet your next investment opportunity at 26-32 Narrows Road South in Staten Island.A stone's throw away to the Verrazano Bridge you can be in Brooklyn in no time! Built in 1974, (this is NOT a rent stabilized building). The all brick building is comprised of: 14 apartments (ten 2 bedrooms and four studios), 2 office spaces, and 2 parking lots. Lot size 23,200 /sf, building 13,860/sf. Roof and windows are about 15 years old. Total annual expenses are $85,600, current net income $109,460 due to below market value rent roll. Potential income to be $321,200 based on 2023 rental market values.
Facts & Features
| Type | 9+F |
|---|---|
| Area | Concord |
| County | Richmond |
| Condition | Good |
| Lot Size Sqft | 23,200 |
| Lot Dim | 271.08 x 175.58 |
| Basement Type | Full |
| Taxes | 61000 |
| Tax Abated | No |
| Year Built | 1974 |
| Building Sqft | 13,860 |
| List Price per Sqft | $321 |
| Zoning | R3-2 |
| Siding | Brick |
| Sewer | City |
| Electric | 110 |
| Heating Source | Forced Air, Natural Gas |
| Heating System | Forced Air, Natural Gas |
| # of Heating Units | 1 |