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7 Beds 3 Baths 1155883 MLS
Calling all 1031 Exchanges and Investors! Seller is very motivated!! All brick 2 Family semi-attached recently fully renovated and updated buildings close to Empire Outlets and Staten Island Ferry. Truly a great investment property with a projected Cap Rate of 9.5%!! It features 2 walk up apartments with a finished basement and a concrete backyard which can park 6 cars and collect Rental Income of 6 x $150=$900 per month. Unit 1: Level 1+ Finished basement + backyard: 3bd/1ba, kitchen/living/dining combos, granite countertop, solid wood cabinets, plus a finished basement kitchen, 1 full bath, and full tiled floor throughout), has collected rent of $3200/month (proof of rent upon request), currently no lease. Unit 2: Level 2: 4bd/1ba, EIK, granite countertop, solid wood cabinets, spacious living room. Projected Rent: $2800/month, currently vacant. Total rent income: $3200+$2800+$900=$6,900/month, $82,800/yr. Net Operating Expenses: Insurance $5,119.60 + Heat $1,333.57 + Water $1,424.19 + Electricity $998.63 = $10,152. Net Operating Income(NOI): $82,800 - $10,152 =$72,648. It brings ROI (Return Of Investment) 9.5%. All brand new tankless hot water tanks, 1 furnace, separate electricity and gas meters for 2 units, separate electricity and gas meter for basement, finished basement also has storage room. Tenants pay their own utilities. Priced to sell! Won't last!!

164 Brighton Avenue, Staten Island

Listing courtesy of AMERICAN HOMES GROUP.

3 Beds 1 Baths 1155856 MLS
First time to market home on one of the most quaint streets in all of Staten Island. Located in the exclusive neighborhood of Arrochar, a stone's thrown from the Verrazano Bridge, and across the street from the serene greens of Ft. Wadsworth Park. This 3 bedroom ranch sits on a lovely 40x90 lot. Occupied by the family of the original owners, this home has been loved & meticulously cared for. Windows, roof, heating and siding have all been updated. Enter into a wonderful sitting room with gorgeous hardwood floors that extends throughout the entire ground floor. The Enormous Master Bedroom also has a tremendous walk in closet. The 2 additional bedrooms are each equipped with sizable closets. The Full tiled bathroom was renovated just a few years back. Eat-in Kitchen with tile floors, recessed lighting, and plenty of cabinets. Full finished basement offers unlimited options as it can easily accommodate a living area, home office, home gym, and/or whatever your heart desires. Basement also provides access to the backyard. There is a full stand up attic for easily accessible storage. The backyard is green, spacious, tranquil, and perfect for relaxing or entertaining. It has a cabana style patio, an open field, and plenty of potential for upgrades! Not enough can be said about this amazing Arrochar location. It is one of the smallest and quietest streets in all of Staten Island. The bridge is literally 1 minute away. 3 Minute bike ride to the South Beach Boardwalk. Wonderful schools less than a mile away. Several express buses are within a 2 minute walk and due to proximity to the bridge offers the shortest Manhattan commutes you can find. Fort Wadsworth is across the street and is simply amazing with scenic trails, sprawling fields, and is open to the public 7 days a week. Plenty of fine restaurants & shopping just a short drive away. Homes like this are few and far between so take advantage of the opportunity and reach out today to schedule your showing.

12 Galesville Court, Staten Island


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