Precious Properties Corp.
Melissa Otterbeck, Precious Properties Corp.Phone: (917) 968-3790
Email: melissa.otterbeck@gmail.com
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listing
1 of 53
Residential IncomeFor Sale
$1,799,888
1368 -1372 Clove Road
Staten Island, NY 10301
Courtesy of Century 21 Papp Realty
MLS: Staten Island Board of Realtors
6Beds
4Baths
5,148Sq Ft
Est. Mortgage
$9,391/mo

Attention Investors! Pick up this 6 united mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office used. 3 of 6 units currently leased with 2% increases built in, Potential gross annual income is $156,000. Gross annual expenses $42,000. NOI is potentially $114,000. Located minutes from restaurants,express and local buses and shopping.

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Information courtesy of Century 21 Papp Realty is subject to verification and is not guaranteed.
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