1368 -1372 Clove Road, Staten Island, NY 10301
About 1368 -1372 Clove, Staten Island
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. https://www.dos.ny.gov/licensing/docs/FairHousingNoticenew.pdf
Facts & Features
| Subtype | 6F |
|---|---|
| County | Richmond |
| Lot Size Sqft | 5247 |
| Basement Type | Full |
| Tax Abated | No |
| List Price per Sqft | $349.63 |
| Bedrooms | 6 |
| Total Bathrooms | 4 |
| Zoning | R3X |
| Electric | 220 Volts |
| Heating System | Hot Water |
| Air Conditioner | Units |
| Area | Sunnyside |
| Condition | Excellent |
| Lot Dim | 39.5 x 44 |
| Taxes | 20360 |
| Year Built | 1964 |
| Building Sqft | 5148 |
| Full Baths | 4 |
| Siding | Brick |
| Sewer | City |
| Heating Source | Natural Gas |
| # of Heating Units | 2 |
