98 Montgomery Ave - Apartments FOR SALE


Staten Island, NY 10301- St George
$599,000 USD
732-455-2481
98 Montgomery Ave, Staten Island, NY for Sale
$599,000 USD
Apartments - FOR SALE
1/7
null | 8.16% Cap Rate

98 Montgomery Ave
Staten Island, NY 10301
St George


HIGHLIGHTS

  • Priced to Sell at $599,000 with Projected NOI% of 8%!
  • Reconstructed in 2013 (new electricity, plumbing HVAC) and Unit 1 just renovated! Zoned R5 Higher Density for resale value!
  • Located in St George with easy access to Manhattan. Walking distance to the Staten Island Ferry!

OVERVIEW

Priced to Sell at $599,000 with Projected NOI% of 8%! Great Investment Opportunity with Excellent Cash Flow! - Projected rental income of $55,000-$60,000; Full reconstruction in 2013 (electricity, pluming, HVAC, etc.); Unit 1 Renovated 2025 RESALE / REDEVELOPMENT VALUE!!! Zoned R5 which allows a variety of housing at a higher density. Two family fully detached property 4BR / 2 BA; Separate meters for gas, electric, water/sewer Located in St George with easy access to Manhattan. Walking distance to the Staten Island Ferry!

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$326 USD /SF

# OF UNITS

2

PRICE/UNIT

$299,500

CAP RATE

8.16%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,131 SF

ZONING

R5

APN/PARCEL ID

00017-0103

ASK ABOUT THIS PROPERTY

Steve LopardoMulti Family PropertiesMore Info
732-455-2481

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Steve LopardoMulti Family PropertiesMore Info
732-455-2481

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