Commercial For Sale - Commercial
$3,300,000

Size

Stories
3
Interior
8,232 Sq Ft
Exterior
8,000 Sq Ft

Financial

Price
$3,300,000
Annual Taxes
$34,443

Listing Details

Sale or Lease
Sale
Year Built
1972
Area
St. George

Description

2-4,65 St. Pauls Avenue, Staten Island, NY 10301

Triple-income opportunity in Staten Island's North Shore. this well maintained mixed-use building at 2-4 & 65 St. Pauls Ave offers a rare combination of institutional stability and high-margin residential yield. Located in the heart of the North Shore, this asset provide immediate cash flow with significant long-term appreciation potential. Long term lease with North Shore People's Credit Union providing a secure, bank-backed commercial foundation and reliable income and enhance the property's profile for future financing. Each 2-bedroom 5 units at 2-4 St. Pauls Ave with private washer and dryer hook-up. 65 St. Pauls Ave includes another 2 two-bedroom residence with 12 garage complexes, current ownership has prioritized long-term occupancy over aggressive lease adjustments, all residential and garage rents are below market average, therefore lots of room to grow. There are two separate address 2-4 St. Pauls Ave and 65 St. Pauls Ave. They are being sold as a package. Geo-data is wrong. Building width is 35' not 21'. Triple -income opportunity in Staten Island "s North Shore. This maintained mixed -use at 2,4 & 65 St.Pauls Ave offers a rare combination of institutional stability and high-margin residential yield. Located in the heart of the North Shore, this asset provides immediate cash flow with significant long-term appreciation potential.
Long term lease with North Shore People's Credit Union providing a secure, bank-backed commercial foundation & reliable income and enhances the property's profile for future financing.
Each 2-bedroom 5 units at 2-4 St.pauls with own private washer and dryer hookup.
65 St.pauls Ave includes another two 2-bedroom residence. with 12 garage complexes.
current ownership has prioritized long-term occupancy over aggressive lease adjustments. a residential and garage rents are currently positioned below market averages.
An incoming investor can be raised to match market rents..

Features

  • 220 Volts
  • Block
  • City
  • Hot Water
  • Natural Gas
  • Units
2-4,65 St. Pauls Avenue, Staten Island, NY 10301

Listing Office: M&M Homes Inc.