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- LoopNet Team
17 Mallory Ave
Staten Island, NY 10305
Amazing 4-Unit Mix-Use Bldg! Great Cash Flow! · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- The property is in excellent condition.
- Parking can bring in additional $4,000 to $5,000 a year
- This is perfect for 1031 Exchange.
- This is an amazing location by Verrazano Bridge.
- It is located near all transportation, shopping, banks.
- Almost zero management.
PROPERTY FACTS
| No. Units | 5 | Building Size | 2,800 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1974/2020 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 0.08 AC | ||
| Zoning | R2 - R2 Residential zoning with C1-C commercial overlay | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 2,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2020 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | R2 - R2 Residential zoning with C1-C commercial overlay |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Tile Floors
SITE AMENITIES
- Fenced Lot
- Smoke Free
- Public Transportation
ABOUT 17 MALLORY AVE , STATEN ISLAND, NY 10305
4-Unit Mix Use Brick Building in Excellent Condition Located by Verrazano Bridge. 100% Occupancy. Great Investment Opportunity. Perfect for 1031 Exchange. All Free Market Units. All Separate Utilities. All Units are in Excellent Condition. Three units are gut renovated and one renovated. Great tenants. Units feature hardwood flooring, solid-wood kitchen cabinets, full bathrooms, large backyard with four parking spaces (can bring in additional $4,000 to $5,000 a year). Three units have central separate HVACs (Heat & AC) and one unit has central separate forced air heating. Two tankless water heaters and two 40 40-Gal Water Heaters. Amazing Location, Close to Public Transportation, Restaurants, Shopping, Banks, Parks and More. Local and Express Buses Around the Corner! Shopping and Banks are One Block Away! 1-Minute Drive by Car to Verrazano Bridge! 8-Minute Drive by Car Or 15-Minute by Bus to Brooklyn! Eleven-Minute Walk to Train Station!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $1,825 | - |
| 1+1 | 2 | $1,775 | - |
PROPERTY TAXES
| Parcel Number | 03238-0032 | Improvements Assessment | $207,805 |
| Land Assessment | $53,195 | Total Assessment | $261,000 |
PROPERTY TAXES
