651-659 Leverett Avenue, Staten Island, NY 10312

$2,600,000 5F - 10312
10 Beds
10 Baths
451.39Building Sqft
9999Lot Sqft
Residential Income
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About 651-659 Leverett, Staten Island

Great Investment Opportunity! 1031 Exchange welcome! This turn key 10 Unit package consists of 5 separate 2-family dwellings. Avoiding Rent stabilization to produce maximum revenue 651-659 Leverett is meticulously run for hands off investors to turn positive cash flow with minimal effort. Current rent roll is 15k which can easily be turned to 24k+. Gross annual income 187K projected increase to 291k. All 1 bedroom units currently rented for below market (room for increase). All units have separate utilities billed to each apartment to keep down owner expenses. Units are tastefully upgraded with timeless designs to ensure quality as an everlasting priority. Rental increase and front parking lot can be utilized to forefront a cap rate increase as well as potential for laundry on site. Strategically located on the corner of Leverett Ave & Richmond Ave. Minutes from Eltingville Transit center which provides every local & express bus for easy transport. Across from Greenridge plaza , Country donuts, McDonalds, LA fitness & new ALDI Supermarket. Close to Costco Staten Island Mall , highway access to New Jersey/ NYC/Brooklyn. Create Generational wealth and watch your ROI increase exponentially for years to come.

Facts & Features

Subtype 5F
County Richmond
Lot Size Sqft 9999
Basement Type Full
Tax Abated No
List Price per Sqft $451.39
Bedrooms 10
Total Bathrooms 10
Zoning R3-2
Electric 110
Heating System Forced Air
Air Conditioner Units
Area Arden Heights
Condition Excellent
Lot Dim 80 X 36
Taxes 39773
Year Built 1975
Building Sqft 451.39
Full Baths 10
Siding Brick
Sewer City
Heating Source Natural Gas
# of Heating Units 10
Listing Office: Robert DeFalco Realty, Inc.