33 Jackson St - Apartments FOR SALE


Staten Island, NY 10304- Stapleton
$1,450,000 USD
973-873-8444
33 Jackson St, Staten Island, NY for Sale
$1,450,000 USD
Apartments - FOR SALE
1/9
null | 9% Cap Rate

33 Jackson St
Staten Island, NY 10304
Stapleton


HIGHLIGHTS

  • THREE , 1 FAMILY HOUSES
  • REAL ESTATE TAX UNDER $5,000
  • 33 - 35 - 37 JACKSON STREET
  • 9% RETURN DAY 1

OVERVIEW

THIS LISTING IS FOR THE SALE OF 33-35-37 JACKSON AVENUE Three contiguous Single-Family Homes on a single tax lot Location: Tompkinsville, Staten Island, NY Explore an exceptional investment opportunity with three single-family homes, located on a single tax lot in the vibrant neighborhood of Tompkinsville, Staten Island. Each property features 6 bedrooms and 1 bathroom, and a basement offering ample living space ideal for families and maximizing rental income potential. These homes benefit from a collective annual tax expense of under $5,000, making for a cost-effective investment with enhanced profitability. Currently, they generate over $130,000 in Net Operating Income (NOI)(9% CAP), with additional upside potential for increased rental revenue through light renovations will bring the Net Operating Income (NOI) / $161,000 annually (11 CAP) NET INCOME = AFTER EXPENSES!! Tompkinsville is a highly sought-after neighborhood known for its rich history and community atmosphere. Residents enjoy proximity to local parks, including the expansive Clove Lakes Park, which offers recreational activities and green spaces. The area is well-served by public transportation, providing convenient access to the Staten Island Ferry and other transit options. Additionally, Tompkinsville boasts a mix of charming local shops, restaurants, and cultural landmarks, adding to its appeal for prospective tenants. This combination of low taxes, strong rental income, and the attractive features of Tompkinsville makes these properties a valuable addition to any investment portfolio.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$503 USD /SF

# OF UNITS

3

PRICE/UNIT

$483,333

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LOW TAX BILL - 3 HOUSES -OUTSTANDING INCOME

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,612 SF

ZONING

R3X

APN/PARCEL ID

00515-0072

ASK ABOUT THIS PROPERTY

Avraham BirnbaumTwelve Stones Realty LLCMore Info
973-873-8444

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Avraham BirnbaumTwelve Stones Realty LLCMore Info
973-873-8444

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