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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: $25,833Annual Gross Income: $310,000Yearly Expenses: Approximately $75,000Net Operating Income (NOI): $233,800Zoned for legal SRO (Single Room Occupancy) with R6 zoningoffering 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!
Features
- Heating System:
- Steam
- Cooling System:
- Wall/window Unit(s)
- Basement:
- Walk-out Access, Partially Finished, Storage Space
- Fence:
- Fenced
- Appliances:
- No
- Community Features:
- Park, Near Public Transportation
- Exterior Features:
- Sprinkler Lawn System, Private Entrance
- Fireplaces Total:
- 0
- Flooring:
- Ceramic Tile
- Garage Spaces:
- 1
- Interior Features:
- Open Kitchen, Open Floorplan, High Ceilings, First Floor Bedroom, First Floor Full Bath
- Lot Features:
- Near Public Transit, Level
- Parking Features:
- On Street, Driveway, Attached, 1 Car Attached
- Sewer:
- Public Sewer
- Utilities:
- See Remarks
Address Map
- City:
- NY
- State:
- NY
- County:
- Richmond (Staten Island)
- Directions:
- Sunrise Highway to Jackson Ave (S) to Waverly Ave
Property and Construction
- Architectural Style:
- Other
- Association Fee Includes:
- Sewer, Maintenance Grounds, Trash
- Construction Materials:
- Frame
- Development Status:
- Frame
- Elementary School:
- Contact Agent
- High School:
- Contact Agent
- Inclusions:
- Dishwasher, Light Fixtures, Refrigerator, Dryer, Washer
- Lease Term:
- 12 Months, Renewal Option
- Levels:
- Three Or More
- Agent MlsId:
- 66464
- Office MlsId:
- KWREAL
- MiddleOrJunior School:
- Contact Agent
- New Construction:
- 1
- Property Condition:
- Mint
- Rent Includes:
- Sewer, Trash Collection, Ground Care, Gardener
- Senior Community:
- 1
- Special Listing Conditions:
- No
- Stories Total:
- 2
- Tax Annual Amount:
- $33,429
- Water Source:
- Public
- PhotosCount:
- 14
Residential For Sale
83 Father Capadanno Boulevard, New York, NY
16 Bedrooms
16 Bathrooms
4,060 Sqft
$3,495,000
Listing ID #815156
Basic Details
- Property Type :
- Residential
- Property SubType :
- Manufactured On Land
- Listing ID :
- 815156
- Price :
- $3,495,000
- Bedrooms :
- 16
- Bathrooms :
- 16
- Bathrooms Total :
- 16
- Square Footage :
- 4,060 Sqft
- Building Area :
- 7,060 Sqft
- Year Built :
- 1931
- Status :
- Active
- Status :
- Active
- Listing Office :
- Keller Williams Realty Group
- Listing Agent :
- Jampa Nyandak
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
