164 Brighton Ave, Staten Island

$757,000

7 Beds
3 Baths
2,084 Sqft
0 Acre
0 Garage

Calling all 1031 Exchanges and Investors! Seller is very motivated!! All brick 2 Family semi-attached recently fully renovated and updated buildings close to Empire Outlets and Staten Island Ferry. Truly a great investment property with a projected Cap Rate of 9.5%!! It features 2 walk up apartments with a finished basement and a concrete backyard which can park 6 cars and collect Rental Income of 6 x $150=$900 per month. Unit 1: Level 1+ Finished basement + backyard: 3bd/1ba, kitchen/living/dining combos, granite countertop, solid wood cabinets, plus a finished basement (summer kitchen, 1 full bath, and full tiled floor throughout), has collected rent of $3200/month (proof of rent upon request), currently no lease. Unit 2: Level 2: 4bd/1ba, EIK, granite countertop, solid wood cabinets, spacious living room. Projected Rent: $2800/month, currently vacant. Total rent income: $3200+$2800+$900=$6,900/month, $82,800/yr. Net Operating Expenses: Insurance $5,119.60 + Heat $1,333.57 + Water $1,424.19 + Electricity $998.63 = $10,152. Net Operating Income(NOI): $82,800 - $10,152 =$72,648. It brings ROI (Return Of Investment) 9.5%. All brand new tankless hot water tanks, 1 furnace, separate electricity and gas meters for 2 units, separate electricity and gas meter for basement, finished basement also has storage room. Tenants pay their own utilities. Priced to sell! Won't last!!

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Essential Information
MLS® #1151760
Price$757,000
Bedrooms7
Bathrooms3.00
Full Baths3
Square Footage2,084
Year Built1920
TypeResidential
Sub-TypeTwo Family Semi-Attached
StyleColonial
StatusActive
Community Information
Address164 Brighton Ave
AreaNew Brighton
SubdivisionNew Brighton
CityStaten Island
CountyRichmond
StateNY
Zip Code10301
Amenities
ParkingOnStreet
GaragesNone
Interior
AppliancesRefrigerator, Dishwasher
HeatingHot Water
CoolingUnits
# of Stories2
Exterior
ExteriorAll Brick
Additional Information
ZoningR3A
Listing Details
OfficeAmerican Homes Group
Property History
Price Reduced from $759,000 to $757,000
Status Changed from Acceptance to Active
Status Changed from Active to Acceptance
Price Reduced from $779,000 to $759,000
Price Reduced from $829,000 to $779,000
Show All History (9)
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