Precious Properties Corp.
Precious Properties Corp.Phone: (718) 980-7222
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listing
1 of 25
CommercialFor Sale
$3,999,000
Staten Island, NY 10304
Courtesy of American Homes Group
MLS: Staten Island Board of Realtors
13,400Sq Ft
Est. Mortgage
$20,742/mo

An incredible opportunity to invest in Staten Island's growing Stapleton Area. Conveniently located two miles from the Staten Island Ferry to NYC, and even closer to the Verrazano Bridge, this mixed-use portfolio is a great investment. Close distance to Bay Street shopping, fine dining, public transportation, parks, Urby, and more. Built in 2014, the portfolio includes 20 Units total; 8 Apartments consisting of 1 and 2 bedrooms, 6 Storefronts, 2 Offices, and 4 Garages, all individually metered utilities. These are the only stores with a parking lot on this block. The buildings are on a Street-to-Street property. The apartments enter in the rear of the building from Thompson Street. Allowing retail tenants and residential tenants to operate independently, adding privacy and security for all parties. There is tremendous upside potential starting with being located in an opportunity zone. Property is Tax Abated until 2038, maximizing the investors potential for profit. Other growth opportunities may include expanding to take advantage of community facility bonus FAR, and increasing rents to market value. None of the apartments are currently rent stabilized or controlled. *Seller financing available. Please prevent all offers.* Bonus: the two adjacent Single Family homes can be purchased as part of the package as well.

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Information courtesy of American Homes Group is subject to verification and is not guaranteed.
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