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361-363 Broadway 363 Broadway 6 Unit Apartment Building $1,350,000 ($225,000/Unit) Staten Island, NY 10310

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INVESTMENT HIGHLIGHTS

  • INVESTMENT PROPERTY

EXECUTIVE SUMMARY

This investment property presents a compelling opportunity for real estate investors, particularly those considering a 1031 exchange. Property Overview Type: 4-family residence with 2 commercial spaces and a detached garage. Condition: Sold AS IS, with existing tenants in place. CASH OFFERS ONLY. Potential Rental Income Three-bedroom units: 2,800-3,000/month. Two-bedroom units: 2,300-2,500/month. Commercial spaces: 1,500-1,800/month each. 1031 Exchange Considerations This property qualifies for a 1031 exchange, allowing investors to defer capital gains taxes by reinvesting the proceeds into a like-kind property within specific timelines. The IRS mandates that the replacement property be identified within 45 days and acquired within 180 days of the sale. Both the relinquished and replacement properties must be held for investment or business purposes to qualify. Needs 24 hour notice for showings.

PROPERTY FACTS

Price $1,350,000
Price Per Unit $225,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.11 AC
Building Size 6,156 SF
No. Stories 3
Year Built 1931
Zoning R-3A - R-3A

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Individual Locking Bedrooms
  • Private Bathroom
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 $1,050 -
2+1 2 $1,000 -
Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00180-0011
Land Assessment
$17,098
Improvements Assessment
$252,002
Total Assessment
$269,100
  • Listing ID: 35893647

  • Date on Market: 5/16/2025

  • Last Updated:

  • Address: 363 Broadway, Staten Island, NY 10310

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