Precious Properties Corp.
Precious Properties Corp.Phone: (718) 980-7222
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listing
1 of 10
CommercialFor Sale
$1,988,000
2 Decker Avenue
Staten Island, NY 10302
Courtesy of Real Broker NY LLC
MLS: Staten Island Board of Realtors
10,640Sq Ft
Est. Mortgage
$10,362/mo

7.15 CAP RATE AT ASKING PRICE. INCOME PRODUCING FULL BRICK MIXED USED WITH 8 RESIDENTIAL UNITS AND 2 COMMERCIAL STORES. BUILDING SIZE 38X100 WITH MASSIVE 10,640 SQFT SPACE.RESIDENTIAL UNITS COMPRISE FOUR 2 BEDROOMS AND FOUR 1 BEDROOM APARTMENTS. RESIDENTIAL GROSS INCOME 125,448. GROCERY STORE 3,777 MONTHLY(4 YEAR LEASE LEFT), LAUNDRY 3,200 MONTHLY(9 YEARS LEASE LEFT). ANNUAL PROPERTY TAX 34,000. ANNUAL WATER 9,200. ANNUAL INSURANCE 11,000. ANNUAL GAS 6,750. ANNUAL ELECTRICITY 1,800. SUPER 4,200. GROSS INCOME: 209,172. GROSS EXPENSE: 66,950. NET 142,222. CAP RATE AT ASKING 7.15 BRAND NEW ROOF. NEWER FURNACE. TURN KEYS INVESTMENT. CALL FOR DETAILS.

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