76 Grove Ave, Staten Island, NY 10302-1317
$1,860,000
Est. payment /mo
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13 Beds
7 Baths
3,780 SqFt
New

76 Grove Ave Staten Island, NY 10302-1317

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,780 sqft

Price per Sqft $492

Bedrooms 13

Full Baths 7

Lot Size 4,450 Sqft

Property Description

76 Grove Ave, Staten Island, NY 10302. Exceptional Investment Opportunity - Port Richmond Detached six-family income-producing building in the heart of Port Richmond featuring 12 bedrooms, 7 bathrooms, a basement storage area, on-site property manager's quarters, and 4 off street parking spaces. A standout investment with a strong cap rate, excellent rent roll, with minim 5% annual rent increase and an ideal opportunity for investors or a 1031 exchange buyer. Built in 1987, the property is exempt from New York City's Rent Stabilization Law and Lead Paint Law. Recent improvements include updated plumbing and electric systems. Tenants pay their own heat and hot water, helping reduce owner expenses. Additional features: Gas piping inspection completed in 2025 (required every 3 years). Current bed bug filing submitted. No HPD or Department of Buildings violations. 24 Hour Security. Equipped with automatic light exit signs, large skylight on the top floor to bring sun and light, also equipped with automatic exhaust fan on top floor attic to reduce the heat in the summer. In addition to a finished office in the basement with a full bathroom. Well-maintained, turnkey investment property offering strong cash flow in a desirable Port Richmond location. All offers with LOI proof of fund and attorney information. All information is deemed reliable. Subject to E & O. Seller will entertain all reasonable offers. Show more

Location

State NY

County Richmond


Listed by Christine DeHart • Salmon Real Estate Powered by Real

NEARBY SCHOOL & BUSINESS

Christine DeHart

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

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76 Grove Ave