Log In/Sign Up
Your email has been sent.
85 Montgomery Ave 6 Unit Apartment Building $1,725,000 ($287,500/Unit) 5.91% Cap Rate Staten Island, NY 10301
Executive Summary
Discover 85 Montgomery Ave — perfectly positioned in the thriving heart of St. George. Five well-maintained rental units deliver reliable income, complemented by a street-level retail space enhances overall revenue potential. Just moments from major transportation, popular restaurants, and a growing collection of local shops, this property offers both convenience and long-term value. Prime Location: Tenants appreciate seamless access to public transit and key roadways. Capitalize on St. George's continued growth while securing immediate cash flow from a fully operational, turnkey asset. Gross Income 139k NOI : 102k
Property Facts
| Price | $1,725,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $287,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 5.91% | Building Size | 5,090 SF |
| No. Units | 6 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | C4-2 - A General Commercial zoning district for major and secondary shopping areas, allowing a mix of retail, offices, entertainment, community facilities, and residential buildings. | ||
| Price | $1,725,000 |
| Price Per Unit | $287,500 |
| Sale Type | Investment |
| Cap Rate | 5.91% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 5,090 SF |
| No. Stories | 4 |
| Year Built | 2008 |
| Opportunity Zone |
Yes |
| Zoning | C4-2 - A General Commercial zoning district for major and secondary shopping areas, allowing a mix of retail, offices, entertainment, community facilities, and residential buildings. |
1 1
Very walkable
80/100
Fairly drivable
50/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00016-0031 | Improvements Assessment | $233,286 |
| Land Assessment | $61,014 | Total Assessment | $294,300 |
Property Taxes
Parcel Number
00016-0031
Land Assessment
$61,014
Improvements Assessment
$233,286
Total Assessment
$294,300
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
