363 Westervelt AveStaten Island, NY 10301

For Sale
$1,499,000

8-Unit Apartment Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
94
Exceptional investment opportunity in Staten Island's thriving St. George neighborhood. This 2,376 square foot, 8-unit apartment building boasts 100% occupancy and a strong NOI of $133,277. The property, situated on a 2,552 square foot lot (APN: 00025-0025), features a mix of unit types: two one-bedroom apartments and six studios. Six units have undergone recent renovations, ensuring excellent condition throughout. Built in 1899, this building is zoned R3A and offers unparalleled convenience, located near the Staten Island Ferry, St. George Ferry Terminal, Empire Outlets, and a vibrant array of dining and entertainment options. The property's effective gross income is $133,000. This well-maintained building presents a rare chance to acquire a high-performing asset in a desirable location with significant upside potential. The building consists of one structure. Don't miss this chance to own a piece of Staten Island's thriving real estate market.

Highlights

  • $1,499,000 Asking Price
  • 8-Unit Multifamily Apartment Building
  • 2,376 Square Feet
  • 100% Occupancy
  • $133,277 Net Operating Income (NOI)

Property Details for 363 Westervelt Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
2,376 SF
Year Built
1899
Buildings
1
Units
8

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.6392379
Longitude
-74.0815482
363 Westervelt Ave, Staten Island, New York

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363 Westervelt Ave
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