• Asking Price $2,600,000
  • 651-659 Leverett Avenue Staten Island, NY 10312

  • 10 Beds 10 Baths 5,760 SqFt
  • Multi-family (2-4 units) / Resale (MLS)

Property Details for 651-659 Leverett Avenue, Staten Island, NY 10312

Features

  • Price/sqft: $451
  • Lot Size: 0.23 acres
  • Total Rooms: 10
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • Heating: Forced Air Heating

Facts

  • Year Built: 01/01/1975
  • Property ID: 950742969
  • MLS Number: 2405699
  • Property Type: Multi-family (2-4 units)
  • County: Richmond
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Great Investment Opportunity! 1031 Exchange welcome! This turn key 10 Unit package consists of 5 separate 2-family dwellings. Avoiding Rent stabilization to produce maximum revenue 651-659 Leverett is meticulously run for hands off investors to turn positive cash flow with minimal effort. Current rent roll is 15k which can easily be turned to 24k+. Gross annual income 187K projected increase to 291k. All 1 bedroom units currently rented for below market (room for increase). All units have separate utilities billed to each apartment to keep down owner expenses. Units are tastefully upgraded with timeless designs to ensure quality as an everlasting priority. Rental increase and front parking lot can be utilized to forefront a cap rate increase as well as potential for laundry on site. Strategically located on the corner of Leverett Ave & Richmond Ave. Minutes from Eltingville Transit center which provides every local & express bus for easy transport. Across from Greenridge plaza , Country donuts, McDonalds, LA fitness & new ALDI Supermarket. Close to Costco Staten Island Mall , highway access to New Jersey/ NYC/Brooklyn. Create Generational wealth and watch your ROI increase exponentially for years to come.

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Property Brokerage: ROBERT DEFALCO REALTY , INC. 1678 Hylan Blvd. Staten Island NY 10305
Copyright © 2024 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.