For Sale
$10,700,000

Port Richmond Ave Staten Island, NY 10302

43-Unit Apartment Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a 43-unit apartment building located at 646-662 Port Richmond Avenue, Staten Island, NY 10302. The property, a three-story, all-brick, U-shaped garden-style building, boasts a total of 27,152 square feet situated on a 0.349-acre lot (approximately 200' x 180'). Built in 1974, the building features a recently updated roof (5 years old) and a state-of-the-art heating system (8 years old). A substantial 6,000 square foot basement includes a laundry area. The property also offers 39 private parking spaces. The unit mix comprises 13 two-bedroom apartments, 17 one-bedroom apartments, 12 studio apartments, and one large first-floor office. This is a non-rent-stabilized building, offering significant upside potential. Its convenient Port Richmond location provides easy access to shopping, public transportation with city buses connecting to Brooklyn, Manhattan, and the Staten Island Mall. Financial details are available upon request. This presents a rare chance to acquire a well-maintained, high-occupancy multifamily property in a desirable New York City borough. The building's strong features and prime location make it an ideal investment for discerning buyers seeking substantial returns.

Highlights

  • 43-unit apartment building at 646-662 Port Richmond Ave, Staten Island, NY 10302.
  • Three-story, all-brick, U-shaped garden-style building totaling 27,152 square feet on a 0.349-acre lot.
  • Recently updated roof (5 years old) and 8-year-old heating system.
  • 6,000 sq ft basement with laundry facilities and 39 private parking spaces.
  • Unit mix: 13 two-bedroom, 17 one-bedroom, 12 studio apartments, and one office; non-rent-stabilized.
  • Prime Port Richmond location with easy access to shopping and public transportation.

Property Details for 0 Port Richmond Ave

Property type
Apartment buildings
Year Built
1974
Stories
3
Units
30

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.6325043
Longitude
-74.1374251
Port Richmond Ave, Staten Island, New York

FAQs

What type of property is this?
Apartment building - 43-Unit Apartment Building, Prime Location
Where is the apartment building located?
The property is located at Port Richmond Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $10,700,000.
What are key features of this property?
This property features: 43-unit apartment building at 646-662 Port Richmond Ave, Staten Island, NY 10302.; Three-story, all-brick, U-shaped garden-style building totaling 27,152 square feet on a 0.349-acre lot.; Recently updated roof (5 years old) and 8-year-old heating system.
How can I contact the broker?
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0 Port Richmond Ave
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