Off-Market Deal in Staten Island
Price$2,500,000
Investment Highlights
Port Richmond, Staten Island – Mixed-Use w/ 421a. 2005-built 3-story mixed-use (7,300 SF) on a 70’ x 140’ lot (10,300 SF) w/ 7 apartments + 2 commercial. 2 retail leases (10-yr & 3-yr) paying $3,200 & $2,100. Residential 2x2BR ($2,500/unit), 1BR $1,600), 3x studios leased to local hospital ($6,300 total). 421a tax abatement in place through 2033, plus large driveway + garage for additional value. NOI: ~$200K. Asking: $2.5M (8.5% cap)
Location
📍 Staten Island
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.