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34 Broad Street
34 Broad Street
34 Broad Street
34 Broad Street
34 Broad Street
34 Broad Street
34 Broad Street
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$999,998

34 Broad Street

6 Beds 3 Baths 2,772 Sq.Ft.

Description

Price Reduced!

Great opportunity for anybody looking to invest!


All tenants on month to month leases

1fl $1,400
2nd fl $1,800
3rl $2,000
Bsmt $700 for storage

Taxes 400 a month
Electric 50 a month
Water 100 a month
Insurance 250 a month

70,800 annual income
$9,600 annual expenses


Net income $61,200 (6% cap rate)


Building is in excellent condition. Renovated within the last 7 years. Excellent tenants on month to month lease. Once apartments are vacated in the future, you can rent each unit for much more which can bring your cap rate to 12% or net income of around $100,000 AFTER expenses!

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Location

34 Broad Street, Staten Island, NY 10304

Status

For Sale
Jimmy Samaha

Jimmy Samaha

TITLE

NYS Licensed Associate Real Estate Broker

Property Amenities

Interior
Total Bedrooms: 6
Full Bathrooms: 3
Area & Lot
Lot Area 2,225 Sq.Ft.
Living area 2,772 Sq.Ft.
MLS® ID 2403468
Year Built 1901
Type Residential
Status For Sale
Exterior
Stories 3
Heat type Hot Water, Natural Gas
Sewer City
Parking On Street
Finance
Sales Price $999,998
Real Estate Tax $4,869 yearly
34 Broad Street
34 Broad Street
34 Broad Street
"Attention investors looking for long term rental in up and coming area!"

— Jimmy Samaha

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Thank you for your interest in 34 Broad Street, Staten Island, NY 10304. We are reviewing your request and will be in touch shortly!

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Work With Jimmy

Dedication to his craft and loyalty to his family is evident as he balances his time working diligently with buyers, sellers and Investors. Jimmy Samaha is the right man to help you find anything and everything you could need or want for your new home or office. Contact Jimmy today!