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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