646-662 Port Richmond Avenue

Port Richmond

$10,700,000
Price
42
Beds
42
Baths
27,152 Sq. Ft.
$394 / Sq. Ft.
27,152
Sq. Ft.
$394
per Sq. Ft.

Description

Standout opportunity: this building is not rent stabilized , offering flexibility to adjust rents and higher potential rental income, with significant room for future growth. The 43-unit all-brick garden-style apartment is an incredible investment opportunity in staten island:! This 27,152 sq. Ft. All-brick building offers 43 rental units and is a prime investment with exceptional upside potential. Featuring a 3-year-old roof, 6-year-old state-of-the-art heating system, and a 6,000 sq. Ft. Basement...Standout opportunity: this building is not rent stabilized , offering flexibility to adjust rents and higher potential rental income, with significant room for future growth. The 43-unit all-brick garden-style apartment is an incredible investment opportunity in staten island:! This 27,152 sq. Ft. All-brick building offers 43 rental units and is a prime investment with exceptional upside potential. Featuring a 3-year-old roof, 6-year-old state-of-the-art heating system, and a 6,000 sq. Ft. Basement with laundry facilities, this property is ready for immediate revenue generation. Located on a 200' x 180' lot with 39 private parking spaces, this building includes 1 large office, 13 two-bedroom apartments, 17 one-bedroom apartments, and 12 studio apartments. Located in the highly convenient port richmond neighborhood, the property benefits from easy access to local city buses to brooklyn, manhattan, and the staten island mall. This is a rare opportunity to invest in staten island, one of nyc's most promising areas. Financials available upon request. Don't miss out on this once-in-a-lifetime investment—contact agent direct for detailed finacials !
  1. Listed by Giovanna Cardinale • Neuhaus Realty, Inc.
    P: (347)-423-5926 C: (347)-423-5926 ccardinalrule@aol.com

Property Details for 646-662 Port Richmond Avenue

Parking
Off Street
Area Name
Port Richmond
Zoning
R3A
LISTING UPDATED: 11/18/2024 10:07 AM

Property Details for 646-662 Port Richmond Avenue

StatusActive
MLS ID1163405
Days on Market511
Taxes$111,965 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1974
Lot Size36,000 SF / 168' x 130'
CountyRichmond County

Building Information for 646-662 Port Richmond Avenue

Stories3Residences43Year Built1974Building Size-Lot Size36,000 SF / 168' x 130'Building Age-Building Type-

Property Information for 646-662 Port Richmond Avenue

Summary
Location and General Information
  • Absolute Longitude: -74
  • Directions: Corner of Dixon / on Port Richmond Ave
  • Section: North Shore
Parking
  • Garage Location: None
  • Garage Capacity: 0.0
Taxes and HOA Information
  • Tax Abated: No
Virtual Tour
Property
Lot Information
  • Block: 01132
  • Lot: 0001
  • Lot Dim: 200' X 180'
  • Parcel ID: 01132-0001
Property and Assessments
  • CofO: Yes
  • Condition: Excellent
  • Irregular: Yes
  • Year Built Description: Approx
  • Year Built Info: Approx
Utilities
  • Cooling: Yes
  • Electric: 220
  • Electric Meters: Individual
  • Gas Meters: Master
  • Sewer: City
Interior and Exterior Features
Interior Features
  • # of A/C Units: 40
  • Air Conditioner: Units
  • Basement Desc: Finished
  • Basement Type: Full
  • Full Baths: 42
  • Heat Source: Gas
  • Heat System: Hot Water
  • Total Baths: 43.00
Exterior Features
  • Siding: Brick
Multi Family
Multi-Family Information
  • Income & Expenses: Gross Income: $855,096.00
  • Income & Expenses: Net Income: $610,477.00
  • Income & Expenses: Total Expense: $244,619.00
Unit 1
  • Unit 1: # Baths: 1
  • Unit 1: # Bedrooms: 0
  • Unit 1: # Rooms: 1
  • Unit 1: Level: 1
  • Unit 1: Rent/Month: $1,500.00
Unit 2
  • Unit 2: # Baths: 1
  • Unit 2: # Bedrooms: 1
  • Unit 2: # Rooms: 3
  • Unit 2: Level: 1
  • Unit 2: Rent/Month: $1,700.00
Unit 3
  • Unit 3: # Baths: 1
  • Unit 3: # Bedrooms: 2
  • Unit 3: # Rooms: 4
  • Unit 3: Level: 1
  • Unit 3: Rent/Month: $1,900.00
Unit 4
  • Unit 4: # Baths: 1
  • Unit 4: # Bedrooms: 0
  • Unit 4: # Rooms: 2
  • Unit 4: Level: 1
  • Unit 4: Rent/Month: $2,200.00
Rental
Rental Information
  • Rent Control # of Units: 0
  • Rent Stabilized # Units: 0

Property History for 646-662 Port Richmond Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 646-662 Port Richmond Avenue

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 12
Rating
School
Distance
P.S. 22 Graniteville
PublicPK to 5

Is 51 Edwin Markham
Public6 to 8

Port Richmond High School
Public9 to 12

The Michael J Petrides School
PublicPK to 12

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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646-662 Port Richmond Avenue is a multi-family home for sale in Port Richmond. This property was listed for sale on February 13, 2024 by Neuhaus Realty, Inc., it's currently listed at $10,700,000. This listing's school district is New York City Geographic District #31. Nearby schools include P.S. 22 Graniteville, Is 51 Edwin Markham and Port Richmond High School. 646-662 Port Richmond Avenue is a 42-bed, 42-bath, 27,152 sqft multi-family home built in 1974.

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 Neuhaus Realty, Inc.

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