270 Norway Ave - Apartments FOR SALE


Staten Island, NY 10305- Arrochar
$850,000 USD
973-873-8444
270 Norway Ave, Staten Island, NY for Sale
$850,000 USD
Apartments - FOR SALE
1/9
null | 13.92% Cap Rate

270 Norway Ave
Staten Island, NY 10305
Arrochar


HIGHLIGHTS

  • FULLY FREE MARKET
  • 40 X 100 CORNER LOT
  • 2 FULL FLOORS
  • 13 CAP !

OVERVIEW

11.8 % CAP DAY ONE!. 3 FAMILY HOUSE - LETS GET A DEAL DONE Discover a prime investment opportunity at 270 Norway Avenue, Staten Island, a well-maintained multi-family property in a sought-after neighborhood. This investment features a robust rent roll with fully leased units and reliable tenants, ensuring immediate cash flow. The property boasts spacious bedrooms that enhance tenant appeal, while low annual taxes and operational expenses contribute to higher net operating income. Located conveniently near major transportation routes and public transit, including the Staten Island Railway and express bus services, it offers easy commuting for residents. Additionally, proximity to local grocery stores, dining options, and essential services adds to tenant convenience. With its strong rental income, large units, and favorable financial conditions, 270 Norway Avenue represents an exceptional opportunity for investors. Contact us today to learn more and schedule a viewing.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$590 USD /SF

# OF UNITS

3

PRICE/UNIT

$283,333

CAP RATE

13.92%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

THREE FAMILY , 40 X 100 , CORNER PROPERTY

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,008 SF

ZONING

R3-1

APN/PARCEL ID

03395-0093

ASK ABOUT THIS PROPERTY

Avraham BirnbaumTwelve Stones Realty LLCMore Info
973-873-8444

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

Avraham BirnbaumTwelve Stones Realty LLCMore Info
973-873-8444

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