37 Avon PlStaten Island, NY 10301

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