646-662 Port Richmond Avenue, Staten Island, NY

$10,700,000

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42

Beds

42

Baths

27,152

Square feet

0.83

Acres

About 646-662 Port Richmond Avenue

**STANDOUT OPPORTUNITY: THIS BUILDING IS NOT RENT STABILIZED**, OFFERING FLEXIBILITY TO ADJUST RENTS AND HIGHER POTENTIAL RENTAL INCOME, WITH SIGNIFICANT ROOM FOR FUTURE GROWTH. THE 43-UNIT ALL-BRICK GARDEN-STYLE APARTMENT IS AN INCREDIBLE INVESTMENT OPPORTUNITY IN STATEN ISLAND:! THIS 27,152 SQ. FT. ALL-BRICK BUILDING OFFERS 43 RENTAL UNITS AND IS A PRIME INVESTMENT WITH EXCEPTIONAL UPSIDE POTENTIAL. FEATURING A 3-YEAR-OLD ROOF, 6-YEAR-OLD STATE-OF-THE-ART HEATING SYSTEM, AND A 6,000 SQ. FT. BASEMENT WITH LAUNDRY FACILITIES, THIS PROPERTY IS READY FOR IMMEDIATE REVENUE GENERATION. LOCATED ON A 200' X 180' LOT WITH 39 PRIVATE PARKING SPACES, THIS BUILDING INCLUDES 1 LARGE OFFICE, 13 TWO-BEDROOM APARTMENTS, 17 ONE-BEDROOM APARTMENTS, AND 12 STUDIO APARTMENTS. LOCATED IN THE HIGHLY CONVENIENT PORT RICHMOND NEIGHBORHOOD, THE PROPERTY BENEFITS FROM EASY ACCESS TO LOCAL CITY BUSES TO BROOKLYN, MANHATTAN, AND THE STATEN ISLAND MALL. THIS IS A RARE OPPORTUNITY TO INVEST IN STATEN ISLAND, ONE OF NYC'S MOST PROMISING AREAS. FINANCIALS AVAILABLE UPON REQUEST. DON'T MISS OUT ON THIS ONCE-IN-A-LIFETIME INVESTMENT—CONTACT AGENT DIRECT FOR DETAILED FINACIALS !!

Features of 646-662 Port Richmond Avenue

MLS® # 1163405
Price $10,700,000
Bedrooms 42
Bathrooms 42.00
Full Baths 42
Square Footage 27,152
Acres 0.83
Year Built 1974
Type Residential Income
Sub-Type 9+F
Status Active

Community Information

Address 646-662 Port Richmond Avenue
Area Port Richmond
City Staten Island
County Richmond
State NY
Zip Code 10302

Amenities

Parking Off Street
Has Pool No

Interior

Heating Hot Water, Natural Gas
Fireplace No
# of Stories 3

Exterior

Exterior Brick
Construction Brick

Additional Information

Date Listed July 26th, 2023
Days on Market 294
Zoning R3A
Foreclosure No

Listing Details

OfficeNeuhaus Realty, Inc.

Listing Map

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