16-18 Butler Terrace
$1,750,000
10
4
4,224
4,224
$414
Description
Prime Multi-Family Investment Opportunity! Discover an exceptional investment opportunity with this updated multi-family property in the New Brighton neighborhood of Staten Island. Featuring four units in excellent condition: Two (3) bedroom units and two (2) bedroom units. Each unit is individually metered, offering convenience and efficiency for tenants. Situated on a street-to-street lot, this property was renovated in 2022, ensuring modern amenities and quality finishes throughout. Key highlights:...Prime Multi-Family Investment Opportunity! Discover an exceptional investment opportunity with this updated multi-family property in the New Brighton neighborhood of Staten Island. Featuring four units in excellent condition: Two (3) bedroom units and two (2) bedroom units. Each unit is individually metered, offering convenience and efficiency for tenants. Situated on a street-to-street lot, this property was renovated in 2022, ensuring modern amenities and quality finishes throughout. Key highlights: four units in excellent condition, individually metered units, value-add potential, includes two additional rental garages, providing an attractive value-add opportunity for increased revenue. Street-to-Street Property, Butler Terrace to Brighton Ave with an impressive return: Gross income is $169k+ with a Net Operating Income (NOI) exceeding $139,000 annually, this property promises strong cash flow and a solid return on investment.
Property Details for 16-18 Butler Terrace
Parking
Off Street
Area NameNew Brighton
ZoningR3-2
LISTING UPDATED: 09/25/2024 11:01 PM
Property Details for 16-18 Butler Terrace
Status | Active |
---|---|
MLS ID | 2404375 |
Days on Market | 110 |
Taxes | $10,325 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | - |
Compass Type | Multi Family |
MLS Type | MultiFamily |
Year Built | 1901 |
Lot Size | 7,695 SF |
County | Richmond County |
Building Information for 16-18 Butler Terrace
Stories2Residences4Year Built1901Building Size-Lot Size7,695 SFBuilding Age-Building Type-
Property Information for 16-18 Butler Terrace
Property History for 16-18 Butler Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 16-18 Butler Terrace
This home is within New York City Geographic District #31.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
P.S. 31 William T Davis PublicPK to 5 | ||
Is 61 William A Morris Public6 to 8 | ||
Curtis High School Public9 to 12 | ||
P.S. 65 the Academy of Innovative Learning PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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