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$949,000

Est. payment - /mo

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5 Beds

3 Baths

1,969 SqFt

Active

169 Silver Lake RD Staten Island, NY 10301

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Key Details

Property Type Multi-Family

Sub Type 3F

Listing Status Active

Purchase Type For Sale

Square Footage 1,969 sqft

Price per Sqft $481

MLS Listing ID 2504390

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1931

Annual Tax Amount $5,205

Lot Size 2,400 Sqft

Acres 0.06

Lot Dimensions 17x57

Property Sub-Type 3F

Source Staten Island Multiple Listing Service

Property Description

Exceptional 3-Family Brick Home with Outstanding Income Potential! Don't miss this rare investment opportunity! Tax records do not reflect the true size—this solid brick home measures 17x57 with approximately 1,969 sq ft of living space. Minimal expenses tenants pay heat, hot water, cooking gas and their own electric. Two units can be delivered vacant, offering flexibility for both investors and end-users. The spacious main unit features a large 2-bedroom layout with an eat-in kitchen and a generous living/dining area that can easily be converted to a 3-bedroom. The second floor includes a studio and a separate 1-bedroom apartment—ideal for maximizing rental income. Currently generating 75,012 in annual rent (well below market value), this property has the potential to bring in approximately 101,000 annually at fair market rates. A fantastic opportunity for investors or owner-occupants looking for strong returns and long-term growth.

Location

State NY

County Richmond

Area Silver Lake

Zoning R3A

Interior

Heating Hot Water, Natural Gas

Cooling Units

Exterior

Parking Features Off Street

Garage Spaces 1.0

Total Parking Spaces 1

Building

Building Description Brick, Cable

Sewer City

Structure Type Brick

New Construction No

Others

Tax ID 00128-0015

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Listed ByRevolution Realty Group

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States