Prereal Prendamano Real Estate, Staten Island NY

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Property Type: ,
Subtype: 8 Family
$2,999,999
20
BE
12
BA

Size

Bedrooms
20
Bathrooms
12
Stories
2
Interior
7,200 Sq Ft.

Financial

Price
$2,999,999

Listing Details

Sale or Lease
Sale
Year Built
1972
Area
New Dorp

Description

63-65 Titus Avenue,
Staten Island,
New York
10306

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

Features

  • Apartment
  • Family Room
  • Living Room
  • Parking Lot

Realtor

Angie Master PreReal

Angie Master

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Residential (or Property) Taxes are a little hard to figure out… the average residential tax rate seems to be around $14 per year for every $1,000 of your property's assessed value. Let's say that your property's assessed value is 85% of what you actually paid for it - $127,500.00. This would mean that your yearly residential taxes will be around $1,785.00.
Need To Sell In Order To Buy?
63-65 Titus Avenue,
Staten Island,
New York
10306