Property profile

0 Port Richmond Ave Staten Island, NY 10302

OFF-MARKET
Apartment buildings
Built 1974
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 43-unit apartment building located at 646-662 Port Richmond Avenue, Staten Island, NY 10302. The property, a three-story, all-brick, U-shaped garden-style building, boasts a total of 27,152 square feet situated on a 0.349-acre lot (approximately 200' x 180'). Built in 1974, the building features a recently updated roof (5 years old) and a state-of-the-art heating system (8 years old). A substantial 6,000 square foot basement includes a laundry area. The property also offers 39 private parking spaces. The unit mix comprises 13 two-bedroom apartments, 17 one-bedroom apartments, 12 studio apartments, and one large first-floor office. This is a non-rent-stabilized building, offering significant upside potential. Its convenient Port Richmond location provides easy access to shopping, public transportation with city buses connecting to Brooklyn, Manhattan, and the Staten Island Mall. Financial details are available upon request. This presents a rare chance to acquire a well-maintained, high-occupancy multifamily property in a desirable New York City borough. The building's strong features and prime location make it an ideal investment for discerning buyers seeking substantial returns.

Property profile

Verified
Property type Apartment buildings
Year built 1974

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Port Richmond Ave Staten Island, NY 10302
Staten Island metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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