Excellent investment opportunity to own a multi-family/commmercial building located in the heart of Manhattan Beach. Property stands on 60 x 100 lot, building dimensions 47 x 80. Multi-family building features 11,280 sqft, 13 apartments, 1st floor salon has 3500 sqft, all apartments are occupied, this is a money making enterprise. Building was totally renovated in 2014 in excellent condition. Tax abated until 2034, R6 zone, has potential to go up 2 more floors, cap rate 6%, building is rent stabilized. 1st floor has commercial tenant rent $8600, 13 apartments are 6 2 bedrooms and 7 1 bedrooms, all occupied.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing data is deemed reliable but it not guaranteed accurate by the MLS.
Listing information is provided by the Staten Island Board of REALTORS®.