1368 -1372 Clove Road Staten Island, NY 10301
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 Site16 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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