Commercial For Sale - Multi Family
$2,000,000

Size

Stories
3
Interior
4,590 Sq Ft
Exterior
4,450 Sq Ft

Financial

Price
$2,000,000
Annual Taxes
$8,625

Listing Details

Sale or Lease
Sale
Year Built
1987
Area
North Shore

Description

76 Grove Avenue, Staten Island, NY 10302

Exceptional Investment Opportunity - Port Richmond Detached six-family income-producing building in the heart of Port Richmond featuring 12 bedrooms, 7 bathrooms, a basement storage area, on-site property manager's quarters, and 4 off-street parking spaces. A standout investment with a strong cap rate, excellent rent roll, and an ideal opportunity for investors or a 1031 exchange buyer. Built in 1987, the property is exempt from New York City's Rent Stabilization Law and Lead Paint Law. Recent improvements include updated plumbing and electrical systems. Tenants pay their own heat and hot water, helping reduce owner expenses. Additional features: Gas piping inspection completed in 2025 (required every three years). Current bed bug filing submitted. No HPD or Department of Buildings violations. 24-hour security. Well-maintained, turnkey investment property offering strong cash flow in a desirable Port Richmond location. SELLER WILL ENTERTAIN ALL RESONABLE OFFERS.

Features

  • 220 Volts
  • Aluminum Siding
  • Brick
  • Electric Range
  • Hot Water
  • Multi Units
  • Natural Gas
  • Public Sewer
  • Refrigerator
76 Grove Avenue, Staten Island, NY 10302

Listing Office: DiTommaso Real Estate