NY > Staten Island
Staten Island, NY 10301,16-18 Butler Terrace
Staten Island, NY 10301,16-18 Butler Terrace
Staten Island, NY 10301,16-18 Butler Terrace
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HomeSmart Homes And Estates

HomeSmart Homes And Estates

+1(845) 629-3754
$ 1,699,000
Est. payment | /mo

10 Beds

6 Baths

Save
$ 1,699,000
Est. payment | /mo
Save

10 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 863445

Bedrooms 10

Full Baths 6

Rental Info No

Year Built 1901

Annual Tax Amount $10,325

Lot Dimensions 50 x 154

Property Sub-Type Quadruplex

Source onekey2

Property Description

Prime Multi-Family Investment Opportunity! Discover an exceptional investment opportunity with this updated multi-family property in the New Brighton neighborhood of Staten Island. Featuring four units in excellent condition: Two (3) bedroom units and two (2) bedroom units. Each unit is individually metered, offering convenience and efficiency for tenants. Situated on a street-to-street lot, this property was renovated in 2022, ensuring modern amenities and quality finishes throughout. Key highlights: four units in excellent condition, individually metered units, value-add potential, includes two additional rental garages, providing an attractive value-add opportunity for increased revenue. Street-to-Street Property, Butler Terrace to Brighton Ave with an impressive return: Gross income is 149,000+ with a Net Operating Income (NOI) exceeding 120,000 annually, this property promises strong cash flow and a solid return on investment.

Location

State NY

County Richmond (staten Island)

Rooms

Basement Full

Interior

Interior Features Eat-in Kitchen

Heating Hot Water

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Garage Spaces 4.0

Utilities Available Natural Gas Available, Sewer Available, Water Available

Total Parking Spaces 4

Garage false

Building

Sewer Public Sewer

Water Other

Structure Type Stucco

Others

Senior Community No

Special Listing Condition None

Listed by American Homes Group
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16-18 Butler Terrace