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150 Hendricks Ave

11 Unit Apartment Building $3,455,688 CAD ($314,153 CAD/Unit) 6.97% Cap Rate Staten Island, NY 10301

Apartment Buildings New York Staten Island 150 Hendricks Ave, Staten Island, NY 10301

INVESTMENT HIGHLIGHTS

  • rent stabilized building
  • FASTEST GROWING NEIGHBORHOOD

EXECUTIVE SUMMARY

GREAT INVESTMENT OPPORTUNITY IN one of Staten Island's FASTEST GROWING NEIGHBORHOOD 150 Hendricks St, St. George Don't miss out on this fully occupied, rent-stabilized building in the thriving St. George area of New York City! This prime property features: 11 spacious two-bedroom apartments Private parking lot with 10 spots Individually metered units, Tenants pay their own utilities This is a rare find in a neighborhood that's rapidly developing, making it an excellent addition to any investment portfolio. Call now for the complete offering memorandum

ATTACHMENTS

150 Hendricks Ave-OM - Molcho Realty Group - 8.20.24

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,455,688 CAD Building Class B
Price Per Unit $314,153 CAD Lot Size 0.25 AC
Sale Type Investment Building Size 8,000 SF
Cap Rate 6.97% Average Occupancy 100%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
 No. Stories 3
No. Units 11 Year Built 2012
Property Type Multifamily Parking Ratio 1.25/1,000 SF
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low Rise
Price $3,455,688 CAD
Price Per Unit $314,153 CAD
Sale Type Investment
Cap Rate 6.97%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.25 AC
Building Size 8,000 SF
Average Occupancy 100%
No. Stories 3
Year Built 2012
Parking Ratio 1.25/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

UNIT AMENITIES

  • Air Conditioning
  • Wheelchair Accessible (Rooms)

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $3,159 CAD -
2+1 5 $2,191 CAD -
2+1 2 $1,837 CAD -
2+1 1 $1,808 CAD -
2+1 1 $2,387 CAD -
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Walk Score®
Very Walkable (71)
Transit Score®
Excellent Transit (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 00044-0015 Improvements Assessment $408,658 CAD (2024)
Land Assessment $192,159 CAD (2024) Total Assessment $600,817 CAD (2024)

PROPERTY TAXES

Parcel Number
00044-0015
Land Assessment
$192,159 CAD (2024)
Improvements Assessment
$408,658 CAD (2024)
Total Assessment
$600,817 CAD (2024)

ZONING

Zoning Code R-5
R-5
(917) 531-1100

CONTACTS

  • Listing ID: 32627923

  • Date on Market: 2024-07-30

  • Last Updated:

  • Address: 150 Hendricks Ave, Staten Island, NY 10301

The St George Multifamily Property at 150 Hendricks Ave, Staten Island, NY 10301 is currently available. Contact Molcho Realty Group for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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150 Hendricks Ave
(917) 531-1100 x

150 Hendricks Ave

1/2

Ron Molcho

(917) 531-1100

(917) 531-1100

Maurice Molcho

(917) 657-1384

(917) 657-1384

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