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16-18 St Pauls Ave
Staten Island, NY 10301
Retail Property For Sale
EXECUTIVE SUMMARY
Can be sold as a package deal with 10-14 St. Pauls Ave ( 6 family and 2 stores, $2,300,000 and NOI $171,833 with free market apartments). 16-18 St. Pauls Ave has (4)-2 Bedroom units and 2 commercial stores . All tenants pay their own heat and hot water and have no leases. NOI $72,225. This 4 family brick building with 2 commercial stores (6 units total) consisting of approx. 4650 sqft with full basement and located in prime Tompkinsville/St. George area in Staten Island, within a short distance to all public transportation-S.I. Island Ferry, Ferry Hawks Stadium, Empire Outlets, Restaurants, Shops and more. Curent zonning R5/HS/C2-1. Lot is 50x100. Motivated seller. Please submit all offers with proof of funds.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,608 SF
Building Class
C
Year Built
1931
Price
$1,200,000
Price Per SF
$260.42
Cap Rate
6.01%
NOI
$72,150
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.92
Lot Size
0.11 AC
Zoning
R5 - R5/HS/C2-1
Frontage
50’ on St Pauls Ave
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 00569-0044 | Improvements Assessment | $181,272 |
| Land Assessment | $41,028 | Total Assessment | $222,300 |
PROPERTY TAXES
Parcel Number
00569-0044
Land Assessment
$41,028
Improvements Assessment
$181,272
Total Assessment
$222,300
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