9 Baltic Ave - Apartments FOR SALE


Staten Island, NY 10304- Concord
$1,250,000 USD
551-666-6470
9 Baltic Ave, Staten Island, NY for Sale
$1,250,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

9 Baltic Ave
Staten Island, NY 10304
Concord


OVERVIEW

This property sells via online auction on Tuesday, May 20, 2025 at 11:00 a.m. (EST). The Auction Sale will be conducted via Zoom with only those who qualify to bid will receive a link to participate in the Auction Sale. To participate, each prospective bidder, by Monday, May 19, 2025 @ 5:00 p.m. (EST), must (i) register with MYC; (ii) deliver to MYC the original signed Terms & Conditions of Sale; and (iii) tender the Required Deposit ( a Bank/Cashier's Check in the amount of $125,000 made payable to "Gregory Messer, Chapter 7 Trustee"). The opening bid at the Auction Sale will be $1,250,000. About the property ... Located in the Concord section of Staten Island, on the corner of Richmond Road and Baltic Avenue, are two (2) lots, zoned R3-2, which combine for a 70' X 88' of 6,185 square feet. The lots are improved by three (3) structures; two (2) of which are semi-detached, and one (1) is fully attached. This multi-structure, multi-family residence is composed of nine (9) total residential units and three (3) garages. Of the nine (9) residential units there are six (1), one (1) bedroom units, and three (3) studios. The combined square footage of the improvements is 5,880 square feet with 4,320 of which being living space. Basic Terms and Conditions of Sale ... The seller of this property is a Chapter 7 bankruptcy trustee. This is a non-contingent sale of real property and said property will be sold in "as-is, where-is" condition free, and clear of any and all liens, claims and encumbrances. The property will be sold subject to all existing tenancies and occupancies. Any sale will be subject to Bankruptcy Court approval. Disclaimer ... All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information herein is subject to errors and omissions. The subject real property herein may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

9

PRICE/UNIT

$138,889

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bankruptcy Auction of Concord Multi-Family

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,185 SF

ZONING

R3-2

APN/PARCEL ID

03151-0007,03151-0009

ASK ABOUT THIS PROPERTY

Marc YaverbaumMYC & Associates IncMore Info
551-666-6470

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Marc YaverbaumMYC & Associates IncMore Info
551-666-6470

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