17 Aultman AveStaten Island, NY 10306

Property Details for 17 Aultman Ave

Lot size

0.14 AC

Zone code

R1-2

Property type

Commercial real estate

APN

02261-0001

APU

22610001

Description

This exceptional mixed-use property in the desirable Richmondtown neighborhood of Staten Island presents a compelling investment opportunity. The newly constructed building (2024) boasts 2,580 square feet across three legal units situated on a 3,000 square foot lot. The ground floor features a 860-square-foot storefront commercial space, complemented by an equally sized finished basement, perfect for storage or business expansion. Above, two spacious 2-bedroom, 2-bathroom duplex apartments offer luxurious finishes including hardwood floors, custom kitchens with quartz countertops, and Andersen windows. Each apartment benefits from abundant natural light and attractive neighborhood views. The property is zoned C1-1. Projected gross annual rent is $108,000, with an estimated net annual rent of $90,148, yielding a 6.50% cap rate. This represents a significant return on investment for those seeking to diversify their portfolio or establish a strong income stream. The property's prime location and modern design make it an attractive proposition in a thriving real estate market. This is a turnkey investment ready for immediate income generation.

Location Insight

City

Staten Island

County

Richmond

State

New York

Latitude

40.5735

Longitude

-74.1362

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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