224 Richmond Ter - Apartments FOR SALE


Staten Island, NY 10301- St George
$27,600,000 USD
718-524-4004
224 Richmond Ter, Staten Island, NY for Sale
$27,600,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

224 Richmond Ter
Staten Island, NY 10301
St George


OVERVIEW

224 Richmond Terrace is an income-producing mixed-use property in the St. George section of Staten Island — the North Shore neighborhood anchored by the Staten Island Ferry terminal and the borough's primary civic and transit hub. The asset combines approximately 40 residential apartments above three ground-floor commercial spaces, together with additional interior area presently used for parking/garage and amenity/recreation purposes. The property is offered as-is, presenting a stabilized cash-flowing base today and a clearly defined value-add path for a buyer prepared to underwrite an in-envelope conversion. Detailed financials, the rent roll, and the seller-prepared concept package are released to qualified parties upon proof of funds and execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$27,600,000 USD

PRICE/SF

$469 USD /SF

# OF UNITS

40

PRICE/UNIT

$690,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The View

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

11

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

R6

APN/PARCEL ID

00013-0060

ASK ABOUT THIS PROPERTY

Staci GasAAB 224 RICHMOND TERRACE LLCMore Info
718-524-4004

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Staci GasAAB 224 RICHMOND TERRACE LLCMore Info
718-524-4004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.