Commercial For Sale - Multi Family
$1,599,999
5 BA

Size

Baths
5
Stories
3
Interior
3,266 Sq Ft
Exterior
4,485 Sq Ft

Financial

Price
$1,599,999
Annual Taxes
$12,578

Listing Details

Sale or Lease
Sale

Description

937 Forest Avenue, Staten Island, NY 10310

Rare opportunity to acquire a well-maintained 5 unit brick apartment building which is not subject to any stabilization laws. Located in a highly convenient Staten Island location. This income-producing property features five spacious 2-bedroom apartments, all occupied by stable, long-term tenants, providing immediate and consistent cash flow. The building offers all separate utilities for each unit, reducing owner expenses, along with minimal common areas for easy management and lower maintenance costs. Additional features include off-street parking Laundry on site Eliand a durable brick exterior. With a strong rental history and an over 6 pct capitalization rate, this property presents an excellent opportunity for investors seeking stable income and long term appreciation in a desirable Staten Island corridor. Conveniently located near shopping, restaurants, public transportation, and major roadways don't walk, run to this phenomenal opportunity.

Features

  • 200+ Amp Service
  • Brick
  • Eat-in Kitchen
  • Gas Oven
  • Gas Range
  • Hot Water
  • Large Bedrooms
  • Linen Closet
  • Natural Gas
  • Private Bathroom
  • Public Sewer
  • Refrigerator
  • Tub/Shower
  • Wall Unit(s)
  • Water Heater
  • Zoned
937 Forest Avenue, Staten Island, NY 10310

Listing Office: Robert DeFalco Realty, Inc.