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  • 38 Arthur Avenue
  • $ 999,000
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305

38 Arthur Avenue

Arrochar   |   McClean Ave & Cedar Ave

Contract Signed
Building For Sale
$ 999,000
Ownership Multi-Family
Lot Size 40'x100'
Status Contract Signed
Real Estate Taxes [Per Annum] $ 4,746
Building Size 15'x40'
ASF/ASM 1,523/141
 

Photos

38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
38 Arthur Avenue Arrochar Staten Island NY 10305

Property Description

Seize this PRIME investment opportunity with a well-maintained legal 3-family house, with three detached garages on a 40X100 lot in zone R3-1, in the desirable Arrochar neighborhood of Staten Island. Tenants are operating below-market rents with room to improve and increase the current CAP. Perfect for a 1031 exchange or enhancing your investment portfolio, this property is strategically located near schools, shopping centers, and transportation, just minutes from the Verrazano Bridge. Tenants will appreciate the convenience, ensuring high demand. This fully rented property boasts reliable long-term tenants, comprising one one-bedroom and two two-bedroom units, each with full bathrooms. Modern amenities include three separate heating systems, three NEW water heaters, three gas, and four electric meters, enhancing tenant satisfaction and operational efficiency. With a solid rental income of almost $7,000/month and very low monthly expenses. Real Estate Tax below $5,000. This investment promises attractive returns and substantial upside potential, as current leases are significantly below market value. Act now to capitalize on this exceptional offering! P&L is available upon request. Please note that the Certificate of Occupancy, dated 2008, reflects a legal three-family dwelling with three detached garages. The building has no violations and is properly registered. Showings are by private appointments only. Please do not disturb tenants.
Seize this PRIME investment opportunity with a well-maintained legal 3-family house, with three detached garages on a 40X100 lot in zone R3-1, in the desirable Arrochar neighborhood of Staten Island. Tenants are operating below-market rents with room to improve and increase the current CAP. Perfect for a 1031 exchange or enhancing your investment portfolio, this property is strategically located near schools, shopping centers, and transportation, just minutes from the Verrazano Bridge. Tenants will appreciate the convenience, ensuring high demand. This fully rented property boasts reliable long-term tenants, comprising one one-bedroom and two two-bedroom units, each with full bathrooms. Modern amenities include three separate heating systems, three NEW water heaters, three gas, and four electric meters, enhancing tenant satisfaction and operational efficiency. With a solid rental income of almost $7,000/month and very low monthly expenses. Real Estate Tax below $5,000. This investment promises attractive returns and substantial upside potential, as current leases are significantly below market value. Act now to capitalize on this exceptional offering! P&L is available upon request. Please note that the Certificate of Occupancy, dated 2008, reflects a legal three-family dwelling with three detached garages. The building has no violations and is properly registered. Showings are by private appointments only. Please do not disturb tenants.

Listing Courtesy of Amerihomes Realty of NY, Inc

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

A/C [Window Units]
Hardwood Floors
Private Entrance
38 Arthur Avenue Arrochar Staten Island NY 10305
38 Arthur Avenue Arrochar Staten Island NY 10305

Building Details [38 Arthur Avenue]

Ownership Multi-Family
Block/Lot 3108/51
Building Size 15'x40'
Zoning R3-1
Lot Size 40'x100'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 483648