Commercial For Sale - Multi Family
$1,890,900

Size

Interior
3,941 Sq Ft
Exterior
8,900 Sq Ft

Financial

Price
$1,890,900
Annual Taxes
$23,203

Listing Details

Sale or Lease
Sale
Area
North Shore

Description

69 Starbuck Street, Staten Island, NY 10304

Exceptional investment opportunity in Staten Island's thriving North Shore market. This fully occupied 6-family, rent-stabilized building offers investors immediate cash flow and long-term income stability with an impressive 7.4 pct cap rate. Generating a strong Net Operating Income (NOI) of 139,597, this well-maintained multifamily asset provides dependable returns from day one. Residents enjoy stunning views of the Verrazzano-Narrows Bridge, enhancing the property's appeal and supporting consistent tenant demand. Conveniently located near public transportation, shopping, dining, parks, and major roadways, the property is positioned in a highly desirable rental market with easy access to Brooklyn and Manhattan. Whether you're a seasoned investor or looking to expand your multifamily portfolio, this turnkey asset presents a rare opportunity to acquire a stabilized income-producing property in a prime Staten Island location.

Features

  • 220 Volts
  • Brick
  • Ceiling Fan(s)
  • Dishwasher
  • Freezer
  • Gas Oven
  • Gas Range
  • Microwave
  • Multi Units
  • Public Sewer
  • Refrigerator
  • Steam
  • Water Heater
69 Starbuck Street, Staten Island, NY 10304

Listing Office: Robert DeFalco Realty, Inc.