366 Union AVE #D1,2&E1,2 Active

Staten Island,NY 10303

$ 1250000

10 Beds

6 Baths

5000 SqFt


Key Details

Property Type Multi-Family

Sub Type 4F

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $250

MLS Listing ID 2500181

Bedrooms 10

Full Baths 6

Originating Board Staten Island Multiple Listing Service

Year Built 2008

Annual Tax Amount $6,177

Lot Size 3,025 Sqft

Acres 0.07

Lot Dimensions 50X40

Property Sub-Type 4F

Property Description

This property, located just off Forest Avenue with convenient access to transportation and public commuting options, offers a unique investment package. Comprising three lots—Lot 293 &(92) housing two sets of semi-attached homes and Lot 93 owned under the association—this deal spans nearly 7,000 sq. ft. across four stories.
The two sets of semi-attached homes are being sold as a package for 1,250,000 Dollars .
All tenants are currently on month-to-month leases, providing flexibility for potential rent adjustments.

Current rents are below market value, with units generating 2,300, 2,400, 2,300, and 2,200 Dollars monthly.
Each unit has its own heating system and central air, with tenants responsible for their own electric and gas. This property offers significant room for income growth, whether through market-rate rent adjustments or property improvements.
This is a rare opportunity to acquire a well-located property with strong upside potential in a high-demand area.

Location

State NY

County Richmond

Area Mariners Harbor

Zoning R3-2

Interior

Heating Forced Air,Natural Gas

Exterior

Parking Features Off Street

Building

Sewer City

Structure Type Brick,Vinyl Siding

New Construction No

Others

Tax ID 01234-0293,0092 & 0093

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