508 Midland Avenue, Staten Island, NY
$1,799,888
Midland Beach - Commercial - 10306
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4,000
Building Sqft
6,420
Lot Sqft
0.15
Acres
About 508 Midland Avenue
Midland Beach !! Investors delight. 5 total units on 1 tax lot being sold as package, . 857 Nugent 2 bedroom bungalow rented at 1550 ( projected rent 1800 monthly 859 Nugent Avenue 2 bedroom bungalow rented at 1600 (projected market rent 1800) 508 Midland which all nite long deli rented at 6000 monthly 1 bedroom apartment 2nd floor 1250 projected rent 1500 2 bedroom apartment rented for 1350( projected rent 1700. Gross Income is 1410000 expenses water $1944 flood insurance $5655 liability $7567 taxes $21347 Net income $ 104,487
Facts & Features
| Type | Commercial |
|---|---|
| Area | Midland Beach |
| County | Richmond |
| Condition | Excellent |
| Lot Size Sqft | 6,420 |
| Lot Dim | 60x107 |
| Taxes | 23115 |
| Tax Abated | No |
| Year Built | 1931 |
| Building Sqft | 4,000 |
| List Price per Sqft | $450 |
| Zoning | R3-1 |
| Sewer | City |
| Electric | 220 Volts |
| Heating Source | Forced Air, Natural Gas |
| Heating System | Forced Air, Natural Gas |