Active
651-659 Leverett Avenue
Staten Island NY, 10312
$2,600,000
$451.39 per sqft
Active
10 Beds
10 Baths
5,760 sqft
Residential
Built in 1975
Great Investment Opportunity! 1031 Exchange welcome! This turn key 10 Unit package consists of 5 separate 2-family dwellings. Avoiding Rent stabilization to produce maximum revenue 651-659 Leverett is meticulously run for hands off investors to turn positive cash flow with minimal effort. Current rent roll is 15k which can easily be turned to 24k+. Gross annual income 187K projected increase to 291k. All 1 bedroom units currently rented for below market (room for increase). All units have separate utilities billed to each apartment to keep down owner expenses. Units are tastefully upgraded with timeless designs to ensure quality as an everlasting priority. Rental increase and front parking lot can be utilized to forefront a cap rate increase as well as potential for laundry on site. Strategically located on the corner of Leverett Ave & Richmond Ave. Minutes from Eltingville Transit center which provides every local & express bus for easy transport. Across from Greenridge plaza , Country donuts, McDonalds, LA fitness & new ALDI Supermarket. Close to Costco Staten Island Mall , highway access to New Jersey/ NYC/Brooklyn. Create Generational wealth and watch your ROI increase exponentially for years to come.
2405699
MLSⓇ ID
October 10, 2024
Listed
October 11, 2024
Updated
Map
651-659 Leverett Avenue
Staten Island NY, 10312
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
10
Full Bathrooms
10
Fireplace
No
Cooling
Yes
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.23 Acres
Sewer
City
Other Property Details
Area Name
Arden Heights
Taxes
$39,773
Tax Frequency
Annually
Garage
No
Parking
Off Street
View
No
County
Richmond
Pool
No
Zoning
R3-2
Courtesy of Robert DeFalco Realty, Inc.
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