Residential Income - 3f
$1,399,000

Size

Stories
3
Interior
4,368 Sq Ft
Exterior
6,000 Sq Ft

Financial

Price
$1,399,000
Annual Taxes
$41,502

Listing Details

Sale or Lease
Sale
Year Built
1920
Area
Port Richmond

Description

90 Vreeland Street, Staten Island, NY 10302

Presenting 90 Vreeland Street of Staten Island, NY 10302, an exceptional investment opportunity located situated for high occupancy and high cash flow. This well-maintained property features 3 apartments and 13 Class B 'SRO' rooms, ideally situated in the heart of Port Richmond with direct access to transportation, shopping and Port Richmond Avenue. Priced at a 15 cap -The property is on track to generate 399,134 in 2025, projecting a 2025 NOI of 218,110.74. With capital improvement projects already completed, investors and anticipated reduced CapEx expenditures over the next several years, maximizing returns while benefiting from significant upside potential. For the sophisticated investor, 90 Vreeland represents rare cash flow opportunity in today's market-combining stability, growth and long-term value.

Features

  • 220 Volts
  • City
  • Hot Water
  • Natural Gas
  • Stone
  • Stucco
  • Units
90 Vreeland Street, Staten Island, NY 10302

Listing Office: Cornerstone Realty