238 York Avenue, Staten Island, NY 10301
$1,600,000
4F - 10301
10
Beds
5
Baths
432.43Price per SqFt
3700Building Sqft
About 238 York, Staten Island
I am pleased to present an opportunity to acquire 238 York Avenue, a multifamily asset that generates stable income, situated in Staten Island's North Shore. This market is rapidly evolving and benefiting from significant public and private infrastructure investments. The property features a 6.61 in-place cap rate and a 7.37 pro-forma cap rate, which ensures robust cash flow from the start, along with potential for future appreciation. Investors have the opportunity to enhance NOI and maximize returns through operational efficiencies and incremental rent adjustments.
Facts & Features
| Subtype | 4F |
|---|---|
| County | Richmond |
| Lot Size Sqft | 5100 |
| # of Garages | 2 |
| Basement Type | Other |
| Tax Abated | No |
| List Price per Sqft | $432.43 |
| Bedrooms | 10 |
| Total Bathrooms | 5 |
| Zoning | R2 |
| Electric | 220 Volts |
| Heating System | Forced Air |
| Air Conditioner | Units |
| Area | New Brighton |
| Condition | Excellent |
| Lot Dim | 50x22 |
| Taxes | 6696 |
| Year Built | 1931 |
| Building Sqft | 3700 |
| Full Baths | 5 |
| Siding | Brick |
| Sewer | City |
| Heating Source | Natural Gas |
| # of Heating Units | 5 |
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Listing Office: Ozana Realty Group
