363 Broadway - Apartments FOR SALE


Staten Island, NY 10310- West Brighton
$1,350,000 USD
718-979-3412
363 Broadway, Staten Island, NY for Sale
$1,350,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

363 Broadway
Staten Island, NY 10310
West Brighton


HIGHLIGHTS

  • INVESTMENT PROPERTY

OVERVIEW

This investment property presents a compelling opportunity for real estate investors, particularly those considering a 1031 exchange. Property Overview Type: 4-family residence with 2 commercial spaces and a detached garage. Condition: Sold AS IS, with existing tenants in place. CASH OFFERS ONLY. Potential Rental Income Three-bedroom units: 2,800-3,000/month. Two-bedroom units: 2,300-2,500/month. Commercial spaces: 1,500-1,800/month each. 1031 Exchange Considerations This property qualifies for a 1031 exchange, allowing investors to defer capital gains taxes by reinvesting the proceeds into a like-kind property within specific timelines. The IRS mandates that the replacement property be identified within 45 days and acquired within 180 days of the sale. Both the relinquished and replacement properties must be held for investment or business purposes to qualify. Needs 24 hour notice for showings.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

6

PRICE/UNIT

$225,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

361-363 Broadway

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-3A

APN/PARCEL ID

00180-0011

ASK ABOUT THIS PROPERTY

Anthony DeFalcoNeuhaus RealtyMore Info
718-979-3412

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Anthony DeFalcoNeuhaus RealtyMore Info
718-979-3412

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