12-34 Court Street #A Staten Island, NY 10304

Other MLS #: 2504940 Courtesy Of ROBERT DEFALCO REALTY , INC.

Property InformationDescription

This package deal includes two garden apartment buildings with a total of 24 units: one building has 16 units, and the other has 8 units. There is a total of 14 garages, with 10 built-in and 4 detached. The total square footage of the buildings is 31,250 square feet (24,800 square feet for the 16-unit building and 6,450 square feet for the 8-unit building). Both buildings are constructed of brick and feature large apartments with hardwood floors throughout. There are total (8 one bdr, 13 two bdr and 3 three bdr) apartments and are in an excellent condition.

The current rent roll for the buildings is 751,068, generating a positive cash flow of 535,418. This indicates a capitalization rate (cap rate) exceeding 10 pct, which suggests a strong return on investment. Income and expenses breakdown available upon request.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Multi Units
  • Cooling System: Central Air
  • Exterior Type: Brick
  • Heating System: Steam
  • MLSID: 2504940
  • Parking Spaces: 4
  • Rooms: Bedroom 5
  • Rooms: Bedroom 4
  • Rooms: Bathroom 4
  • Rooms: Bathroom 5
  • Rooms: Bathroom 2
  • Rooms: Bathroom 3
  • Rooms: Bathroom 1
  • Rooms: Bedroom 3
  • Rooms: Bedroom 2
  • Rooms: Bedroom 1

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12-34 Court Street #A, Staten Island, NY 10304
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