Coldwell Banker Advantage
Dana Rondinelli, Coldwell Banker AdvantagePhone: (718) 619-7967
Email: [email protected]
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listing
1 of 10
Residential IncomeFor Sale
$1,725,000
16-18 Butler Terrace
Staten Island, NY 10301
Courtesy of American Homes Group
MLS: Staten Island Board of Realtors
10Beds
4Baths
4,224Sq Ft
Est. Mortgage
$9,004/mo

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 169k+ with a Net Operating Income (NOI) exceeding 139,000 annually, this property promises strong cash flow and a solid return on investment.

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Information courtesy of American Homes Group is subject to verification and is not guaranteed.
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