Residential Income - Triplex
$1,150,000
8 BE 3 BA

Size

Beds
8
Baths
3
Stories
3
Interior
3,473 Sq Ft
Exterior
2,788 Sq Ft

Financial

Price
$1,150,000
Annual Taxes
$8,827

Listing Details

Sale or Lease
Sale
Year Built
2018
Area
New Brighton

Description

210 Corson Avenue, Staten Island, NY 10301

Exceptional investment opportunity at 210 Corson Ave! This fully renovated legal 3-family building offers approximately 3,473 square feet and will be delivered completely vacant, providing immediate income potential for investors or flexibility for an end user. The property features two spacious, mirror-image 3-bedroom, 1-bath units on the second and third floors, along with a well-proportioned 2-bedroom apartment on the first floor. A full unfinished basement offers additional storage and future potential. This turnkey asset has been completely renovated and is ideally positioned to generate strong rental income. Projected annual rent roll is 115,296 with low annual expenses of approximately 14,027, resulting in a net operating income of 101,269. Offered at 1,150,000, this property delivers an impressive 8.8 cap rate, making it a rare opportunity for investors seeking strong cash flow and long-term upside. Perfect for portfolio expansion or owner-occupants looking to offset expenses with substantial rental income.

Features

  • 220 Volts
  • Forced Air
  • Natural Gas
  • Public Sewer
  • Stone
  • Stucco
  • Units
210 Corson Avenue, Staten Island, NY 10301

Listing Office: Homes R Us Realty of NY, Inc.