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1023-1029 Van Duzer St 7 Unit Apartment Building $1,899,999 ($271,428/Unit) Staten Island, NY 10304
INVESTMENT HIGHLIGHTS
- significant updates in 2017
- minutes to the Staten Island Ferry, railway, and multiple bus lines, and near the SI Expressway and Verrazzano-Narrows Bridge.
- 100% occupied with long-term tenants
EXECUTIVE SUMMARY
Rare North Shore multifamily offering: two connected, fully occupied buildings—1023 Van Duzer (3-family) and 1025–1029 Van Duzer (4-family)—for a total of seven apartments. The mix includes six spacious 2BR/1BA units plus one studio. Both properties underwent significant updates in 2017 (new siding, gutters, fascia, and refreshed common areas). Currently 100% occupied with long-term tenants paying below-market rents, the asset delivers immediate cash flow with clear upside as Staten Island rents continue to rise. Prime location just minutes to the Staten Island Ferry, railway, and multiple bus lines, and near the SI Expressway and Verrazzano-Narrows Bridge for excellent connectivity to Manhattan and the greater NYC metro.
PROPERTY FACTS Under Contract
| Price | $1,899,999 | Building Class | C |
| Price Per Unit | $271,428 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 14,000 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1930 |
| Apartment Style | Low-Rise | ||
| Zoning | R3A - Low density residential district | ||
| Price | $1,899,999 |
| Price Per Unit | $271,428 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 14,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | R3A - Low density residential district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 20 | - | - |
| 1+1 | 8 | - | - |
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 00650-0006 | Improvements Assessment | $207,395 |
| Land Assessment | $42,805 | Total Assessment | $250,200 |
PROPERTY TAXES
Parcel Number
00650-0006
Land Assessment
$42,805
Improvements Assessment
$207,395
Total Assessment
$250,200
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1023-1029 Van Duzer St
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