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233 Sand Lane, Staten Island, NY 10305

4 Photos
 
$3,300,000
Active for Sale
 
Listing ID 11547329
Property Type Multi-Unit (5+)
County Richmond
Township Staten Island
Neighborhood Arrochar
Total Tax $10,862
FEMA Flood Map fema.gov/portal
Year Built 1931
Virtual Tour

VACANT 18 SRO/hotel room/huge commercial first floor/ 3 LOTS

VACANT 18 SRO/hotel rooms over a huge commercial first floor. the property will come with the lots to the left and right. the property also features a full basement with 10 foot ceilings. situated right near the boardwalk. 3 minutes from the Verrazano bridge. projected 22.8% CAP POST REHAB!!!!! The long: Introducing an amazing investment opportunity in Staten Island, just a stone's throw away from the Verrazano Bridge! This mixed-use building offers an ideal blend of residential and commercial spaces in a bustling neighborhood. Situated in a high-demand area, it presents an exceptional chance to capitalize on both residential and commercial ventures. With the entire building currently vacant, there's plenty of room for your creative vision. It's already undergone some rehabilitation, and with a full basement included, there's ample space for expansion or storage. Plus, the sturdy foundation ensures long-lasting durability. What's more, this property boasts an outstanding over 19.8% capitalization rate (CAP), making it an incredibly lucrative opportunity. But wait, there's more - the rooftop is equipped with solar panels for energy efficiency, and there's even a convenient driveway. Don't miss out on this fantastic chance to invest in a promising property with both sustainability and profitability! Most notably, this investment opportunity boasts an extraordinary over 21% capitalization rate (CAP), exemplifying its exceptional profitability and value proposition. With such a compelling rate of return, investors can rest assured that their investment will yield substantial dividends, making it a standout choice in today's market landscape. Don't miss out on the chance to capitalize on this remarkable investment opportunity in Staten Island's thriving real estate market. Whether you're a seasoned investor seeking to diversify your portfolio or a newcomer looking for a promising venture, this property offers the perfect combination of potential and profitability. Seize the opportunity to secure your financial future and make this property your next successful investment endeavor! Price Can Be Reduced If Only One Lot Is WantedPleaseInquire
Property Details
  • 5 Full Baths
  • 5130 SF
  • 40.00 Acres
  • 100 SF Lot
  • Built in 1931
  • 3 Stories
  • Available 8/01/2025
  • Full Basement
  • 1710 Lower Level SF
  • Lower Level: Unfinished
Unit Information
Unit #1 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #2 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #3 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #4 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #5 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #6 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #7 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #8 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #9 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #10 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #11 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #12 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #13 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #14 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #15 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #16 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #17 – Gross Area: 100, Rent Price: 1967, Bedrooms: 1
Unit #18 – Gross Area: 600, Rent Price: 3027, Bedrooms: 2, Unit Count: 1
Unit #19 – Gross Area: 600, Rent Price: 3027, Bedrooms: 2, Unit Count: 2
Interior Features
  • Fire Sprinklers
  • Natural Gas Fuel
  • Natural Gas Avail
  • Wall/Window A/C
Exterior Features
  • Masonry - Brick Construction
  • Stucco Siding
  • Asphalt Shingles Roof
  • Detached Garage
  • 8 Garage Spaces
  • Municipal Water
  • Municipal Sewer
  • Handicap Features
  • Near Bus
  • Near Train
Commercial Info
  • 27% Cap. Rate
Income/Expenses
  • Gross Income $511,710
  • Net Income $444,863
  • Operating Exp $10,862
  • Maintainence Exp $25,586
  • Insurance Exp $15,000
  • Heat Exp $5,000
  • Electric Exp $2,400
  • Water Exp $8,000
  • Total Exp $66,848
  • Paid by Landlord: Gas
Taxes and Fees
  • $10,862 Total Tax
Listed By
TWELVE STONES REALTY
Office: 973-873-8444
Listing data is deemed reliable but is NOT guaranteed accurate.
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