16-18 Butler Terrace, Staten Island, NY 10301
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About 16-18 Butler, Staten Island
Prime Multi-Family Investment Opportunity! Discover an exceptional investment opportunity with this updated multi-family property in the New Brighton neighborhood of Staten Island. Featuring four units in excellent condition: Two (3) bedroom units and two (2) bedroom units. Each unit is individually metered, offering convenience and efficiency for tenants. Situated on a street-to-street lot, this property was renovated in 2022, ensuring modern amenities and quality finishes throughout. Key highlights: four units in excellent condition, individually metered units, value-add potential, includes two additional rental garages, providing an attractive value-add opportunity for increased revenue. Street-to-Street Property, Butler Terrace to Brighton Ave with an impressive return: Gross income is 169k+ with a Net Operating Income (NOI) exceeding 139,000 annually, this property promises strong cash flow and a solid return on investment.
Facts & Features
| Subtype | 4F |
|---|---|
| County | Richmond |
| Lot Size Sqft | 7695 |
| # of Garages | 4 |
| Basement Type | Full |
| Tax Abated | No |
| List Price per Sqft | $408.38 |
| Bedrooms | 10 |
| Total Bathrooms | 4 |
| Zoning | R3-2 |
| Electric | 220 Volts |
| Heating System | Hot Water |
| Air Conditioner | Units |
| Area | New Brighton |
| Condition | Good |
| Lot Dim | 44 x 48 |
| Taxes | 10325 |
| Year Built | 1901 |
| Building Sqft | 408.38 |
| Full Baths | 4 |
| Siding | Stucco |
| Sewer | City |
| Heating Source | Natural Gas |
| # of Heating Units | 4 |
