150 Hendricks AveStaten Island, NY 10301

This exceptional 11-unit apartment building presents a compelling investment opportunity in Staten Island's rapidly developing St. George neighborhood. Built in 2012, the property boasts 6,559 square feet on a 7,500 square foot lot (APN: 00044-0015) and is zoned R-5. The building currently houses eleven spacious two-bedroom apartments, all currently occupied. Tenants are responsible for their own utilities, contributing to a strong net operating income (NOI) of $187,736. A significant advantage is the inclusion of a private parking lot with ten spaces, a valuable amenity in this location. The individually metered units simplify utility management and billing. Located at 150 Hendricks Avenue, Staten Island, NY 10301 (40.639763, -74.086529), this property offers a rare chance to acquire a fully occupied, rent-stabilized building in a high-growth area. The asking price is $2,389,000. This represents a solid investment in a thriving neighborhood poised for continued appreciation. The property's strong cash flow and desirable location make it an ideal addition to any investment portfolio. This is a turnkey opportunity with immediate income generation.