About 25 Sherman Avenue

Great Investment Opportunity or 1031 Exchange in St. George, Staten Island, NY. Currently 6.1% cap rate/projected 9.68%. This 25 unit, 4-story walk up building sits high on a hill with views of the NY Harbor and VZ Bridge from several apartments. Full basement with Superintendents apartment, front courtyard, card operated laundry room. Apartments consist of (3)-Three Bedroom Apts, (10)-Two Bedroom Apts, (12)-One Bedroom apts. Short walk to the SI Ferry to Manhattan, Buses, Train, Empire Outlets, SI Ferry Hawk Baseball Stadium, North Shore Waterfront Esplanade Park, St. George Theatre, Richmond County Supreme Court, Borough Hall, National Lighthouse Museum, Restaurants, Library, Shopping, Schools & more. Please do not trespass. Showings are subject to written offers with proof of funds. No mortgage contingency accepted. Call today for more details...

Facts & Features

Type 9+F
Area St. George
County Richmond
Condition Good
Lot Size Sqft 15,399
Lot Dim 140 x 110
Basement Type Full
Taxes 74489
Tax Abated No
Year Built 1931
Building Sqft 24,960
List Price per Sqft $140
Zoning R-3A
Siding Brick, Stucco
Sewer City
Electric 220 Volts
Heating Source Steam, Natural Gas
Heating System Steam, Natural Gas
# of Heating Units 1

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Listing Office: Gateway Arms Realty Corp.