We use technical and analytics cookies to ensure that we give you the best experience to our website
+1 646-431-8072
Gelfand Realty New York Properties - Multi Family

38 ARTHUR, STATEN ISLAND, NY 10305

Back to Search

Multi Family 5 bedrooms -

38 ARTHUR, STATEN ISLAND, NY 10305

Asking Price$999,000

Search the same
Share by:
  • Days on market:

    295 day(s)
  • Price per sqft:

    $655.94
  • Property Type:

    Multi Family
  • Total Families:

    3
  • Borough:

    Staten Island
  • Crossing Street:

    McClean Ave
  • Electric Service:

    220 V
  • Construction Type:

    Other
  • Yard:

    BackFrontSide
  • Roof:

    Other
  • Foundation:

    Other
  • Heat Delivery:

    Hot Water
  • Basement Amenities:

    FinishedFullSeparate Entrance

Description

$999,000 • five bedroom(s) • three full bathroom(s) • living size area 1523 sqft

Seize this prime investment opportunity with a well-maintained legal 3-family house, with three detached garages on a 40x100 lot in zone r3-1, in the desirable arrochar neighborhood of staten island. tenants are operating below-market rents with room to improve and increase the current cap. perfect for a 1031 exchange or enhancing your investment portfolio, this property is strategically located near schools, shopping centers, and transportation, just minutes from the verrazano bridge. tenants will appreciate the convenience, ensuring high demand. this fully rented property boasts reliable long-term tenants, comprising one one-bedroom and two two-bedroom units, each with full bathrooms. modern amenities include three separate heating systems, three new water heaters, three gas, and four electric meters, enhancing tenant satisfaction and operational efficiency. with a solid rental income of almost $7,000/month and very low monthly expenses. real estate tax below $5,000. this investment promises attractive returns and substantial upside potential, as current leases are significantly below market value. act now to capitalize on this exceptional offering! p&l is available upon request. please note that the certificate of occupancy, dated 2008, reflects a legal three-family dwelling with three detached garages. the building has no violations and is properly registered. showings are by private appointments only. please do not disturb tenants.

Similar Properties in this Area

* MLS is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the MLS and is provided here for consumers` personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MLS All rights reserved. Courtesy of One Sotheby's International Realty