310-312 Hillside Avenue, Staten Island, NY 10304
About 310-312 Hillside, Staten Island
Welcome to 310-312 Hillside Ave, a fully renovated, 4-Family investment property with strong cash flow and upside potential. This building was completely rebuilt down to the studs just 6 years ago. Featuring modern kitchens and bathrooms, updated mechanicals, a new roof, siding, floors, electrical, plumbing, and much more. The layout includes two 3-bedroom units, two 2-bedroom units, plus two basement apartments (one occupied by the superintendent). The current rent roll generates approximately 129,936 annually with a Net Operating Income of 111,036. At the asking price of 1,300,000, this equates to a cap rate of 8.55. Conveniently located close to parks, schools, shopping, and restaurants.
Facts & Features
| Property Type | Residential Income - 4f |
|---|---|
| Subtype | 4F |
| County | Richmond |
| Lot Size Sqft | 5000 |
| Basement Type | None |
| Tax Abated | No |
| List Price per Sqft | $411.88 |
| Bedrooms | 10 |
| Total Bathrooms | 4 |
| Zoning | R3A |
| Electric | 220 Volts |
| Heating System | Hot Water |
| Air Conditioner | Central |
| Area | Clifton |
| Condition | Excellent |
| Lot Dim | 36' X 36 |
| Taxes | 8503 |
| Year Built | 1925 |
| Building Sqft | 3156 |
| Full Baths | 4 |
| Siding | Stucco |
| Sewer | City |
| Heating Source | Natural Gas |
| # of Heating Units | 4 |
