26-32 Narrows Road S
Staten Island, NY 10305 / Concord

MLS ID# 1162118 Active
9+F

$4,450,000

14 units


Details for 26-32 Narrows Road S, Staten Island NY 10305

14 unit apartment and 2 office space with 2 parking lots for sale! Meet your next investment opportunity at 26-32 Narrows Road South in Staten Island.A stone's throw away to the Verrazano Bridge you can be in Brooklyn in no time! Built in 1974, (this is NOT a rent stabilized building). The all brick building is comprised of: 14 apartments (ten 2 bedrooms and four studios), 2 office spaces, and 2 parking lots. Lot size 23,200 /sf, building 13,860/sf. Roof and windows are about 15 years old. Total annual expenses are $85,600, current net income $109,460 due to below market value rent roll. Potential income to be $321,200 based on 2023 rental market values.

Features and Details

  • Category Multi-Family
  • Type 9+F
  • Area/Neighborhood Concord
  • County Richmond
  • Lot Dimensions 271.08 x 175.58
  • Lot Size 23200 SqFt
  • MLS ID# 1162118
  • Year Built 1974
  • Garage Capacity 0
  • Total Units 14
  • Living Area 13860 sqft
  • Room Name Size
Electric
110
Garage
None
Heat
Gas, Forced Air
Parking
Assigned
Siding
Brick
Income
Gross: 200000.00, Net: 73600.00
Total Expenses
126400.00
Buyers Broker Commission
1.00%
Broker Agent Commission
0.00%

Parcel Details

  • Category Multi-Family
  • Land Use Category Mixed Residential & Commercial Buildings
  • BBL # 5030230028
  • Parcel # 03023-0028
  • County Richmond
  • Borough Staten Island
  • Borough Code 5
  • Total Building Source Code Department of Finance's RPAD File
  • Number of Buildings 4
  • Residential Units 7
  • Lot Frontage 271.08
  • Lot Depth 175.58
  • Building Frontage -
  • Building Depth -
  • Land Assessed Value 219150
  • Total Assessed Value 351000
  • Year Altered 1 0
  • Historic District Name -
  • Landmark Name -
  • Acreage 23200 SqFt
  • Year Built 1974
  • Tax Block 3023
  • Tax Lot 28
  • Zoning District 1 R3-2
  • Zoning, All Components 1 R3-2
  • Building Class C7
  • Number of Easements 0
  • Type of Ownership (code) -
  • Total Building Floor Area 8950
  • Commercial Floor Area 2750
  • Residential Floor Area 6200
  • Office Floor Area 2750
  • Retail Floor Area 0
  • Garage Floor Area 0
  • Storage Floor Area 0
  • Factory Floor Area 0
  • Other Floor Area 0
This listing was last updated on 11/15/2023 12:12:00 PM.