94 Trossach Rd, Staten Island, NY 10304

10 Photos
Front Side
$1,240,000 Sold Price
Sold on 7/10/2023
 
Listing ID 11115585
Property Type Multi-Unit (5+)
County Richmond
Township Grymes Hill
Total Tax $12,021
Tax ID 00611-0058
FEMA Flood Map fema.gov/portal
Year Built 1950
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Rare, Turn-Key 5 Family in Grymes Hill

This rare, turn-key, legal 5 family in Grymes Hill sits on a corner lot size of 7,730 sq. ft. produces full market value rental rates. Your fully vacant detached garage/carriage house has the upstairs renovated home office you are looking for with an all-brick interior, complete with a newly installed heating/cooling split system, tile floors and glass partitions. This property's net income gives the lucky investor a generous 7% cap rate at the full asking price. It also features 6 meters, a newly installed roof with updated and separate mechanicals. This will be delivered fully occupied and can be managed by the seller for a 10% property management fee. Proof of pre-approval and proof of funds will gain the buyer access to the exterior, common areas and one apartment. The remaining units will be shown once an offer has been accepted. No exceptions. Do not walk on the property and please do not disturb the tenants. Showing are by appointment only. Carriage house office is projected to rent at $2500 per month. https://www.dos.ny.gov/licensing/docs/fairhousingnotice_new.pdf
Property Details
  • 2150 SF
  • 7730 SF Lot
  • Built in 1950
Unit Information
Unit #1 – Bedrooms: 1, Occupied
Unit #2 – Bedrooms: 2, Occupied
Unit #3 – Bedrooms: 1, Occupied
Unit #4 – Bedrooms: 1, Occupied
Unit #5 – Bedrooms: 2, Occupied
Interior Features
  • Hot Water
  • Gas Fuel
Exterior Features
  • Vinyl Siding
Income/Expenses
  • Gross Income $152,700
  • Net Income $127,584
Taxes and Fees
  • $12,021 Total Tax
Sale Information
  • Sold on 7/10/2023
  • Sold for $1,240,000
  • Buyer's Agent: Kimberly Iannotta
  • Company: CB Advantage
Previously Listed By
CENTURY 21 PAPP REALTY
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