$900,000
$998,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
159 Sand LN Staten Island, NY 10305
2,400 SqFt
Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $375
MLS Listing ID 2402258
Sold Date 10/16/24
Originating Board Staten Island Multiple Listing Service
Year Built 1945
Annual Tax Amount $5,951
Lot Size 4,000 Sqft
Acres 0.09
Lot Dimensions 40x100
Property Description
This exceptional mixed-use investment property, just minutes away from the Verrazzano Bridge, offers a compelling opportunity. It comprises a commercial storefront and two residential units within a 4,000 sq. ft. space encompassing two distinct buildings.
The primary building, constructed entirely of brick, features a storefront equipped with an office kitchenette, two spacious rooms, and a half bath, alongside a full unfinished basement. The second floor of this building hosts a beautifully renovated apartment, showcasing a generous living room, dining area, kitchen, one bedroom, and a full bath complete with a washer and dryer. This apartment exudes elegance with its striking hardwood flooring in the expansive living room, tiled flooring in the kitchen and dining areas, and upgraded granite countertops and appliances.
Nestled at the rear of the property is a charming frame cottage house spanning 27x34 sq ft. This fully renovated cottage offers two bedrooms, a full bath, a cozy living room, and an inviting eat-in kitchen, complemented by an unfinished basement. Noteworthy features include a tankless water heater, adding to the property's allure.
With a robust 6.8% cap rate, this property promises excellent income potential. Whether you choose to rent out all units or utilize the space for your business while residing in one of the units, this property presents a versatile investment opportunity sure to captivate discerning investors.
Location
State NY
County Richmond
Area Arrochar
Zoning R3-1
Interior
Heating Hot Water, Natural Gas
Exterior
Parking Features Private
Building
Story 2
Sewer City
Level or Stories 2
Structure Type Frame,Block
New Construction No
Others
Tax ID 03108-0001
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP