9-11 St Marks Place

St. George

$1,000,000
Last Sold Price
10
Beds
5,390 Sq. Ft.
$186 / Sq. Ft.
5,390
Sq. Ft.
$186
per Sq. Ft.

Description

Opportunity awaits. 9-11 Saint Marks Place is your chance to establish passive income. This 19th-century beauty is sprawling with old-world charm-12 foot ceilings, original woodwork and is a total cash cow! This home is situated on almost 9,000 square feet and generates (gross income) $83,550 annually. Expenses are only $27,496.72 annually - netting the current landlord $56,053.28 annually. Potential for a 6.9% cap rate if rents are raised to fair-market value. This home is located in an ''Opportunity...Opportunity awaits. 9-11 Saint Marks Place is your chance to establish passive income. This 19th-century beauty is sprawling with old-world charm-12 foot ceilings, original woodwork and is a total cash cow! This home is situated on almost 9,000 square feet and generates (gross income) $83,550 annually. Expenses are only $27,496.72 annually - netting the current landlord $56,053.28 annually. Potential for a 6.9% cap rate if rents are raised to fair-market value. This home is located in an ''Opportunity Zone'' - great for the ''1031-ers''! Your chance to own a home in the prestigious neighborhood of St. George is here. Invest now while this area is being developed, and you will be glad you did! Call for an appointment to take a tour today.

Listing Agent

Amenities

  • Private Yard
  • Common Garden
  • Common Outdoor Space
  • Exposed Brick
  • Decorative Fireplace
  • Fireplace
  • Decorative Mouldings
  • Built-Ins
LISTING UPDATED: 02/16/2022 08:17 PM

Property Details for 9-11 St Marks Place

StatusSold
Days on Market34
Taxes$962 / month
Maintenance-
Min. Down Pymt-
Total Rooms5.5
Compass TypeMulti Family
MLS Type-
Year Built1872
Lot Size8,772 SF
CountyRichmond County
Buyer's Agent Compensation2%
Add your commute

Building Information for 9-11 St Marks Place

Stories3Residences4Year Built1872Building Size45' x 32'Building Sq. Ft4,320 SFLot Size8,772 SFBuilding Age-Building Type-

Payment Calculator

$6,201 per month

30 year fixed, 6.845% Interest

Principal and Interest

$5,239

Property Taxes

$962

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 9-11 St Marks Place

DateEvent & SourcePriceAppreciation
Feb 16, 2022

Sold

Manual

$1,000,000
Feb 15, 2022

Sold

SIBOR #1148636

$1,010,000
Oct 15, 2021

Contract Signed

Manual

Oct 12, 2021

Contract Out

Manual

Oct 7, 2021

Contract Signed

Manual

Oct 7, 2021

Contract Signed

SIBOR #1148636

Sep 29, 2021

Contract Out

Manual

Aug 25, 2021

Listed (Active)

Manual

$999,999
Aug 23, 2021

Listed (Active)

SIBOR #1148636

$999,999
DateEvent & SourcePrice
02/16/2022

Sold

Manual

$1,000,000
02/15/2022

Sold

SIBOR #1148636

$1,010,000
10/15/2021

Contract Signed

Manual

10/12/2021

Contract Out

Manual

10/07/2021

Contract Signed

Manual

10/07/2021

Contract Signed

SIBOR #1148636

09/29/2021

Contract Out

Manual

08/25/2021

Listed (Active)

Manual

$999,999
08/23/2021

Listed (Active)

SIBOR #1148636

$999,999

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

Schools near 9-11 St Marks Place

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

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

Fort Hill Collaborative Elementary
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.

Neighborhood Map and Transit

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 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 2025, 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. ©2025 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.©2025 The Real Estate Board of New York, Inc., All rights reserved.