16-18 Butler TER Active Save Request In-Person Tour Request Virtual Tour
Staten Island,NY 10301
Key Details
Property Type Multi-Family
Sub Type 4F
Listing Status Active
Purchase Type For Sale
Square Footage 4,224 sqft
Price per Sqft $402
MLS Listing ID 2406641
Bedrooms 10
Full Baths 4
Originating Board Staten Island Multiple Listing Service
Year Built 1901
Annual Tax Amount $10,325
Lot Size 7,695 Sqft
Acres 0.18
Lot Dimensions 44 x 48
Property Sub-Type 4F
Property Description
Prime Multi-Family Investment Opportunity!
Discover an exceptional investment opportunity with this updated multi-family property in the New Brighton neighborhood of Staten Island. Featuring four units in excellent condition: Two (3) bedroom units and two (2) bedroom units. Each unit is individually metered, offering convenience and efficiency for tenants. Situated on a street-to-street lot, this property was renovated in 2022, ensuring modern amenities and quality finishes throughout. Key highlights: four units in excellent condition, individually metered units, value-add potential, includes two additional rental garages, providing an attractive value-add opportunity for increased revenue.
Street-to-Street Property, Butler Terrace to Brighton Ave with an impressive return: Gross income is 149,000+ with a Net Operating Income (NOI) exceeding 120,000 annually, this property promises strong cash flow and a solid return on investment.
Location
State NY
County Richmond
Area New Brighton
Zoning R3-2
Interior
Heating Hot Water,Natural Gas
Exterior
Parking Features Off Street,Detached
Garage Spaces 4.0
Total Parking Spaces 4
Building
Sewer City
Structure Type Stucco
New Construction Yes
Others
Tax ID 00085-0032
Virtual Tour https://app.doaudiotours.com/unbranded?id=5628&lang=en-US