1368 CLOVE RD
STATEN ISLAND, NY 10301
$1,999,900
6 Beds
4 Baths
5,148 Sq Ft
Status Active
MLS# 2402836
Attention Investors! Pick up this 6 united mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office used. 3 of 6 units currently leased with 2% increases built in, Potential gross annual income is $156,000. Gross annual expenses $42,000. NOI is potentially $114,000. Located minutes from restaurants,express and local buses and shopping.
Details for 1368 CLOVE RD
$388 / Sq Ft
0 parking spaces
Hot Water, Natural Gas
25 Days on website
0.12 acres lot