63-65 Titus Avenue

New Dorp Multifamily 8 unit / 2 Building Portfolio for Sale

Overview:
63, 65 Titus Ave features two identical multi-family buildings located in New Dorp. Set within a landscaped yard, each two-story walk-up building consists of four units: two 3-bedroom and 2-bathroom apartments and two 2-bedroom, 1-bathroom apartments.

Both buildings also include a fully finished basement with a separate entrance. Each property offers a private driveway leading to an exclusive rear parking lot for 4 vehicles.

Location:
Located in New Dorp, one of Staten Island’s most vibrant and walkable towns, this site offers unmatched convenience and accessibility. 63, 65 Titus Ave has proximity to a wide range of shopping, dining and entertainment options including HL Supermarket, Stop & Shop and The Boulevard, a large open air shopping plaza anchored by Shop Rite and Alamo Drafthouse Cinema. Also nearby is Staten Island University Hospital, Staten Island Technical High School and New Dorp High School. Public transportation is easily accessible with both local and express buses: S78, S79, SIM1 and SIM5.

Bullet Point Highlights:
 8 UNITS
o Four – 3 bedrooms / 2-bathroom units
o Four – 2 bedrooms / 1-bathroom units plus basement
 SALES PRICE: $3,300,000 / $412,500 PER UNIT
 CAP RATE: 5.7% / NOI: $188,884
 2025 REAL ESTATE TAXES: $54,116
 ZONING: R3-1
 YEAR BUILT/RENOVATED: 1972 / 2019