363 Westervelt Avenue

$1,499,000
Price
8
Beds
8
Baths
2,376 Sq. Ft.
$631 / Sq. Ft.
2,376
Sq. Ft.
$631
per Sq. Ft.

Description

Prime Location! 8 unit legal SRO Real Estate Opportunity in Saint George! Great value can be found in this asset located in the St. George neighborhood of Staten Island. This 8 unit SRO building is situated just a short distance from the Staten Island Ferry, St. George, Ferry Terminal, Empire Outlets, and downtown eateries and pubs. Convenience is key and this property delivers. Property Highlights: 8 bedrooms, Unit Breakdown: (2) one-bedroom apartments and (6) studios, with 100% occupancy all in...Prime Location! 8 unit legal SRO Real Estate Opportunity in Saint George! Great value can be found in this asset located in the St. George neighborhood of Staten Island. This 8 unit SRO building is situated just a short distance from the Staten Island Ferry, St. George, Ferry Terminal, Empire Outlets, and downtown eateries and pubs. Convenience is key and this property delivers. Property Highlights: 8 bedrooms, Unit Breakdown: (2) one-bedroom apartments and (6) studios, with 100% occupancy all in excellent condition. 6 apartments were recently renovated. Effective Gross Income: $133,000 Net Operating Income: $103,000. This property offers a fantastic investment opportunity in a thriving area. Don't miss out on this well-maintained building with strong rental income.

Property Details for 363 Westervelt Avenue

Parking
On Street
Area Name
St. George
Zoning
R3A
LISTING UPDATED: 08/29/2024 08:39 AM

Property Details for 363 Westervelt Avenue

StatusActive
MLS ID2404866
Days on Market23
Taxes$4,328 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1899
Lot Size2,552 SF / 29' x 88'
CountyRichmond County

Building

363 Westervelt Ave

8 Units3 StoriesBuilt in 1899

Building Information for 363 Westervelt Avenue

Stories3Residences8Year Built1899Building Size24' x 33'Building Sq. Ft2,376 SFLot Size2,552 SF / 29' x 88'Building Age-Building Type-

Property Information for 363 Westervelt Avenue

Summary
Location and General Information
  • Absolute Longitude: 74
  • Directions: Richmond Terrace or Victory Blvd. to Westervelt Avenue
  • Section: North Shore
Parking
  • Garage Location: None
  • Garage Capacity: 0.0
Taxes and HOA Information
  • Tax Abated: No
Property
Lot Information
  • Block: 00025
  • Lot: 0025
  • Lot Dim: 29 x 88
  • Parcel ID: 00025-0025
Property and Assessments
  • CofO: Yes
  • Condition: Excellent
  • Irregular: No
  • Property Group ID: 19990816212116581394000000
  • Year Built Info: Approx
Utilities
  • Cooling: No
  • Electric: 220
  • Electric Meters: Master
  • Gas Meters: Master
  • Sewer: City
Interior and Exterior Features
Interior Features
  • # of A/C Units: 0
  • Air Conditioner: None
  • Appliances: Total # Ranges: 8
  • Appliances: Total # Refrigerators: 8
  • Basement Desc: Finished
  • Basement Type: Full
  • Full Baths: 8
  • Heat Source: Gas
  • Heat System: Hot Water
  • No. of Heating Units: 1
  • Total Baths: 8.00
Exterior Features
  • Bldg. Dimensions: 24 x 33
  • Siding: Vinyl Siding
Multi Family
Multi-Family Information
  • Income & Expenses: Gross Income: $105,804.00
  • Income & Expenses: Net Income: $84,148.00
  • Income & Expenses: Total Expense: $21,656.00
Unit 1
  • Unit 1: # Baths: 1
  • Unit 1: # Bedrooms: 0
  • Unit 1: # Rooms: 2
  • Unit 1: Level: 1
  • Unit 1: Rent/Month: $1,268.00
Unit 2
  • Unit 2: # Baths: 1
  • Unit 2: # Bedrooms: 0
  • Unit 2: # Rooms: 2
  • Unit 2: Level: 1
  • Unit 2: Rent/Month: $1,150.00
Unit 3
  • Unit 3: # Baths: 1
  • Unit 3: # Bedrooms: 0
  • Unit 3: # Rooms: 2
  • Unit 3: Level: 2
  • Unit 3: Rent/Month: $1,268.00
Unit 4
  • Unit 4: # Baths: 1
  • Unit 4: # Bedrooms: 0
  • Unit 4: # Rooms: 3
  • Unit 4: Level: 2
  • Unit 4: Rent/Month: $1,200.00
Unit 5
  • Unit 5: # Baths: 1
  • Unit 5: # Bedrooms: 0
  • Unit 5: # Rooms: 3
  • Unit 5: Level: 3
  • Unit 5: Rent/Month: $1,268.00
Unit 6
  • Unit 6: # Baths: 1
  • Unit 6: # Bedrooms: 1
  • Unit 6: # Rooms: 2
  • Unit 6: Level: 3
  • Unit 6: Rent/Month: $750.00
Unit 7
  • Unit 7: # Baths: 1
  • Unit 7: # Bedrooms: 0
  • Unit 7: # Rooms: 2
  • Unit 7: Level: 4
  • Unit 7: Rent/Month: $700.00
Unit 8
  • Unit 8: # Baths: 1
  • Unit 8: # Bedrooms: 1
  • Unit 8: # Rooms: 2
  • Unit 8: Level: 4
  • Unit 8: Rent/Month: $1,213.00
Rental
Rental Information
  • Rent Control # of Units: 0
  • Rent Stabilized # Units: 0

Property History for 363 Westervelt Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 363 Westervelt Avenue

Taxable ValueLand$3,600Additions$265,500Total$269,100
Home Facts
Total Finished SqFt2,376 SqFtLot Size2,552 SqFtYear Built1899ZoningR3AAPN5000250025

Schools near 363 Westervelt Avenue

This home is within New York City Geographic District #31.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - 6 to 8
Rating
School
Distance
P.S. 16 John J Driscoll
PublicPK to 5

Fort Hill Collaborative Elementary
PublicPK to 5

P.S. 74 Future Leaders Elementary School
PublicPK to 5

Is 61 William A Morris
Public6 to 8

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.

Similar Homes

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Similar Sold Homes

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363 Westervelt Avenue is a multi-family home for sale in St. George. This property was listed for sale on August 28, 2024 by American Homes Group, it's currently listed at $1,499,000. This listing's school district is New York City Geographic District #31. Nearby schools include P.S. 16 John J Driscoll, Fort Hill Collaborative Elementary and P.S. 74 Future Leaders Elementary School. 363 Westervelt Avenue is a 8-bed, 8-bath, 2,376 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of American Homes Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.