Residential Income - Duplex
$599,999
6 BE 2 BA

Size

Beds
6
Baths
2
Stories
3
Interior
2,010 Sq Ft
Exterior
5,000 Sq Ft

Financial

Price
$599,999
Annual Taxes
$2,775

Listing Details

Sale or Lease
Sale
Year Built
1920
Area
Stapleton

Description

193 Targee Street, Staten Island, NY 10304

Exceptional Stapleton Investment Opportunity An investor's dream with an impressive 11.7 CAP Rate! This exceptional two-family property in the heart of Stapleton offers a rare combination of strong rental income, versatility, and valuable additional space. The property features a renovated 2-bedroom apartment on the first floor and an expansive 4-bedroom duplex, providing an ideal setup for maximizing rental potential. Adding even more value is the detached 5-car garage, offering tremendous flexibility for parking, storage, or additional income potential. Opportunities combining multiple residential units with a substantial detached garage are truly hard to find. For investors looking to expand their portfolio, this property can also be purchased as a package with the neighboring property at 191 Targee Street, a two-family home configured as a 2-bedroom over a 2-bedroom. The seller prefers a package sale, creating an exciting opportunity to acquire multiple income-producing properties side by side and maximize the potential of this prime Stapleton location. With an 11.7 CAP Rate and the opportunity to acquire the adjacent property, this is a compelling offering for investors seeking immediate income and long-term upside. A rare chance to build a substantial investment position in Stapleton—don't miss it!

Features

  • 220 Volts
  • Balcony
  • Natural Gas
  • None
  • Public Sewer
  • Steam
  • Vinyl Siding
193 Targee Street, Staten Island, NY 10304

Listing Office: Martino Realty Group