7-9 Doty Avenue

South Beach

$1,388,888
Price
8
Beds
4
Baths
2,280 Sq. Ft.
$609 / Sq. Ft.
2,280
Sq. Ft.
$609
per Sq. Ft.

Description

This four-family building offers a fantastic investment opportunity in the desirable Arrochar neighborhood of Staten Island located minutes from the Verrazano Bridge. Uniquely positioned with two addresses under a single block and lot, this property provides convenience and flexibility for both tenants and investors alike. Each of the four units includes two spacious bedrooms and one full bathroom, with separate boilers and hot water tanks for each unit, all individually metered and paid by the tenants....This four-family building offers a fantastic investment opportunity in the desirable Arrochar neighborhood of Staten Island located minutes from the Verrazano Bridge. Uniquely positioned with two addresses under a single block and lot, this property provides convenience and flexibility for both tenants and investors alike. Each of the four units includes two spacious bedrooms and one full bathroom, with separate boilers and hot water tanks for each unit, all individually metered and paid by the tenants. Electricity is also independently metered for each unit, ensuring ease of management and consistent returns. The building features two ground-floor units with access to the basement as well as a generously sized backyard—an appealing feature for tenants seeking outdoor space. Additionally, one of the downstairs units has a private driveway, adding even more value and convenience. The property's exterior boasts a durable and attractive siding and stone combination, while the roof is only one year old, offering peace of mind for years to come. Each boiler is approximately 10 years old, and the electrical systems have been recently updated. Don't miss this turnkey investment opportunity with strong rental potential in a prime location close to transportation, shopping, South Beach Boardwalk, Midland Beach, and other local amenities! Contact agent to schedule a showing or for further details regarding occupancy/vacancy availability.
  1. Listed by James Pannullo • James Pannullo Real Estate Inc.
    P: (718)-608-4702 C: (718)-608-4702 jrpanu27@gmail.com

Property Details for 7-9 Doty Avenue

Parking
Off Street, On Street
Area Name
Arrochar
Zoning
R3-1
LISTING UPDATED: 11/08/2024 05:55 AM

Property Details for 7-9 Doty Avenue

StatusActive
MLS ID2406206
Days on Market44
Taxes$6,422 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti-Family
MLS TypeMultiFamily
Year Built1931
Lot Size4,312 SF / 30' x 38'
CountyRichmond County

Building Information for 7-9 Doty Avenue

Stories2Residences4Year Built1931Lot Size4,312 SF / 30' x 38'Building Age-Building Type-

Property Information for 7-9 Doty Avenue

Summary
Location and General Information
  • Absolute Longitude: -74
  • Directions: Father Capodanno Blvd to Doty Ave
  • Section: Mid-Island
Parking
  • Garage Location: None
  • Garage Capacity: 0.0
Taxes and HOA Information
  • Tax Abated: No
Property
Lot Information
  • Block: 03127
  • Lot: 0027
  • Lot Dim: 44x98
  • Parcel ID: 03127-0027
Property and Assessments
  • CofO: Yes
  • Condition: Excellent
  • Irregular: No
  • Year Built Description: Approx
  • Year Built Info: Approx
Utilities
  • Cooling: No
  • Electric: 220
  • Electric Meters: Individual
  • Gas Meters: Individual
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Air Conditioner: Units
  • Appliances: Total # Ranges: 4
  • Appliances: Total # Refrigerators: 4
  • Basement Desc: Unfinished
  • Basement Type: Full
  • Full Baths: 4
  • Heat Source: Gas
  • Heat System: Steam
  • Total Baths: 4.00
Exterior Features
  • Siding: Stone, Vinyl Siding
Multi Family
Multi-Family Information
  • Extras: Cable
  • Income & Expenses: Gross Income: $54,000.00
  • Income & Expenses: Net Income: $43,000.00
  • Income & Expenses: Total Expense: $11,000.00
Unit 1
  • Unit 1: # Baths: 1
  • Unit 1: # Bedrooms: 2
  • Unit 1: # Rooms: 3
  • Unit 1: Level: 1
  • Unit 1: Rent/Month: $.00
Unit 2
  • Unit 2: # Baths: 1
  • Unit 2: # Bedrooms: 2
  • Unit 2: # Rooms: 3
  • Unit 2: Level: 1
  • Unit 2: Rent/Month: $1,500.00
Unit 3
  • Unit 3: # Baths: 1
  • Unit 3: # Bedrooms: 2
  • Unit 3: # Rooms: 3
  • Unit 3: Level: 2
  • Unit 3: Rent/Month: $1,500.00
Unit 4
  • Unit 4: # Baths: 1
  • Unit 4: # Bedrooms: 2
  • Unit 4: # Rooms: 3
  • Unit 4: Level: 2
  • Unit 4: Rent/Month: $1,500.00
Rental
Rental Information
  • Rent Control # of Units: 0
  • Rent Stabilized # Units: 0

Property History for 7-9 Doty Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 7-9 Doty Avenue

This home is within New York City Geographic District #31.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 39 Francis J Murphy Jr
PublicK to 5

Is 49 Bertha A Dreyfus
Public6 to 8

Curtis High School
Public9 to 12

Naples Street Elementary School
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.

Similar Homes

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Similar Sold Homes

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7-9 Doty Avenue is for sale in South Beach. This property was listed for sale on November 7, 2024 by James Pannullo Real Estate Inc., it's currently listed at $1,388,888. This listing's school district is New York City Geographic District #31. Nearby schools include P.S. 39 Francis J Murphy Jr, Is 49 Bertha A Dreyfus and Curtis High School. 7-9 Doty Avenue is a 8-bed, 4-bath, 2,280 sqft built in 1931.

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 James Pannullo Real Estate Inc.

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.