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$ 1,699,000
Est. payment /mo
New
16-18 Butler Terrace Staten Island, NY 10301
10 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 863445
Bedrooms 10
Full Baths 6
Rental Info No
Year Built 1901
Annual Tax Amount $10,325
Lot Dimensions 50 x 154
Property Sub-Type Quadruplex
Source onekey2
Property Description
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 149,000+ with a Net Operating Income (NOI) exceeding 120,000 annually, this property promises strong cash flow and a solid return on investment.
Location
State NY
County Richmond (staten Island)
Rooms
Basement Full
Interior
Interior Features Eat-in Kitchen
Heating Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Spaces 4.0
Utilities Available Natural Gas Available, Sewer Available, Water Available
Total Parking Spaces 4
Garage false
Building
Sewer Public Sewer
Water Other
Structure Type Stucco
Others
Senior Community No
Special Listing Condition None
Listed by American Homes Group