83 Father Capodanno BLVD Active Save Request In-Person Tour Request Virtual Tour
Staten Island,NY 10305
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY814196
Originating Board onekey2
Rental Info No
Year Built 1931
Annual Tax Amount $33,429
Property Sub-Type Multi Family
Property Description
Location Location Location!
An exceptional investment opportunity awaits in the highly desirable Father Capodanno Blvd area of Staten Island! Just minutes from the iconic South Beach, close to New York City, shops, and transportation, this 16-unit studio building is a gem for any savvy investor.
Property Highlights:
Current Monthly Income: $25,833
Annual Gross Income: $310,000
Yearly Expenses: Approximately $75,000
Net Operating Income (NOI): $233,800
Zoned for legal SRO (Single Room Occupancy) with R6 zoning—offering immense potential for redevelopment or maximizing rental income.
Potential for Increased Rents: Significant opportunity to improve monthly rental income.
Building Features:
Immaculate condition with well-maintained and updated units.
Newly installed plumbing, heating system, and electrical systems.
Renovated kitchens and bathrooms throughout the building.
Strong tenant base with legal permitted SRO use.
Updated mechanicals ensure lower maintenance and long-term savings.
This turnkey property is a rare find, offering both steady income and room for growth. Whether you're expanding your portfolio or seeking a prime income-producing property in a sought-after location, this building delivers on every front.
Contact us today for more information or to schedule a private showing!
Location
State NY
County Richmond (staten Island)
Rooms
Basement Full,Storage Space
Interior
Heating Steam
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Fireplace No
Exterior
Parking Features Off Street
Fence Fenced
Utilities Available See Remarks
Building
Lot Description Front Yard,Near Public Transit,Near School,Near Shops,Private
Story 3
Sewer Public Sewer
Water Public
Structure Type Advanced Framing Technique,Vinyl Siding
Others
Special Listing Condition None