37 Avon PlStaten Island, NY 10301

For Sale
$2,850,000

17-Unit Apartment Building, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a well-maintained, four-story apartment building located at 37 Avon Place, Staten Island, New York, 10301. The property, built in 1926, encompasses 9,000 square feet and features 17 one-bedroom units, all currently occupied. The building is zoned R3-2, offering potential for future development or expansion, subject to local regulations. The asking price is $2,850,000, translating to a price per square foot of $316.67. A significant advantage is the inclusion of a live-in superintendent unit, providing on-site maintenance and property management convenience. This contributes to the property's consistently high occupancy rate and low-maintenance operation. The property's strong performance history makes it an attractive option for investors seeking a stable, cash-flowing asset. All units are in excellent condition, reflecting the hands-on approach of the current owners. This turnkey investment is ideal for those seeking a low-risk, high-reward opportunity, or those considering a 1031 exchange. Financial documentation is available upon request

Highlights

  • On-site superintendent unit.
  • Excellent investment opportunity.
  • 17 total units (6 residential + 1 superintendent) in a four-story building.

Property Details for 37 Avon Pl

Property type
Multifamily properties, Apartment buildings
Square Feet
9,000 SF
Year Built
1926
Buildings
1
Stories
4
Units
17

Location Insight

City
Staten Island
County
Richmond
State
New York
Latitude
40.6351116
Longitude
-74.0827691
37 Avon Pl, Staten Island, New York

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37 Avon Pl
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