$1,999,900
Active
14 Days Online
6 Beds4 Baths5,148 SQFT
Active

1368 -1372 Clove Road Staten Island, NY 10301

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Attention Investors! Pick up this 6 united mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office used. 3 of 6 units currently leased with 2% increases built in, Potential gross annual income is $156, 000. Gross annual expenses $42, 000. NOI is potentially $114, 000. Located minutes from restaurants, express and local buses and shopping.

  • Property TypeMulti-Family
  • NeighborhoodNorth Shore
  • CountyRichmond
  • Taxes$20,360
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusActive
  • MLS ID Number2402836
  • Home Size Source N/A
  • Year Built1964
  • Lot Size0.12 Acres
  • Full Baths4
  • Partial BathsN/A

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