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    OFF-MARKET
    Commercial real estate

    56 Crown Ave, Staten Island, NY 10312

    2,000 SF Built 1981
    Property ID
    US63-1199223
    Property summary
    AI-generated overview

    This exceptional two-unit apartment building, located at 56 Crown Ave in the desirable Annadale neighborhood of Staten Island, NY, presents a compelling investment opportunity. Built in 1981 and extensively renovated in 2022, this property boasts a total of 2,000 square feet situated on a 4,000 square foot lot. The main unit, a high ranch, features four bedrooms and three bathrooms, including a main bedroom with a private half-bath. The updated kitchen showcases stainless steel appliances and granite countertops, while the spacious living and dining area is bathed in natural light from a bay window. Additional highlights include newer flooring and windows, a vaulted ceiling in the main bathroom with a skylight, and a ground-level family room with a gas fireplace, laundry room, and access to the garage. The property also includes a private, fenced backyard with a maintenance-free Trex deck and an in-ground pool. The second unit offers a separate private entrance, eat-in kitchen, one large bedroom, and a very large living room. The exterior features attractive pavers and ample parking. This fee-simple property is zoned R3-1 and is conveniently located near the expressway, express bus routes, and shopping. The asking price is $999,000, representing a price per square foot of $600. This property offers a blend of comfortable living spaces and strong rental potential, making it an ideal addition to any investment portfolio. The property's recent renovations ensure minimal maintenance needs, maximizing return on investment.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1981
    Total area 2,000 SF
    APN 05692-0027
    UPID US63-1199223
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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