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80-82 State St, Staten Island, NY 10310-1919 80-82 State St

5 Unit Apartment Building $2,055,331 CAD ($411,066 CAD/Unit) 6.37% Cap Rate Staten Island, NY 10310

Investment Highlights

  • buildable lot one story commercial warehouse
  • Buildable space
  • Approved sub-division

Executive Summary

Unlock the potential of this exceptional 4-unit multifamily property, perfectly positioned for savvy investors! Currently generating income with free market rents, this property also offers a compelling value-add opportunity, featuring below market rents that can be adjusted to maximize your investment returns.
In addition to the residential units, this listing includes a buildable lot zoned C1-2, allowing for potential warehouse development. This prime zoning opens doors for various commercial uses, further enhancing the value of your investment.
Situated in a thriving neighborhood, the property is conveniently located near essential amenities, public transportation, and popular local attractions. Each unit provides comfortable living spaces with great natural light, ensuring consistent tenant appeal.
Don’t miss out on this rare combination of multifamily income and commercial potential! Schedule your private tour today and discover the endless possibilities this property has to offer.

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
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 $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
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 $2,055,331 CAD
Price Per Unit $411,066 CAD
Sale Type Investment
Cap Rate 6.37%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Building Size 3,520 SF
Average Occupancy 100%
No. Stories 2
Year Built 1932

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 1 $3,736 CAD -
3+1 1 $2,425 CAD -
3+1 1 $3,150 CAD -
3+1 1 $2,754 CAD -
1+1 1 $2,126 CAD -
Walk Score ®
Very Walkable (84)
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.®

zoning

Zoning Code R3-2 Comm (Low density residential distric)
R3-2 Comm (Low density residential distric)
  • Listing ID: 32441986

  • Date on Market: 2024-07-12

  • Last Updated:

  • Address: 80-82 State St, Staten Island, NY 10310

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