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85 Ann St

17 Unit Apartment Building $3,791,231 CAD ($223,014 CAD/Unit) 6.22% Cap Rate Staten Island, NY 10302

Investment Highlights

  • corner property, close to public transportation including the Staten Island Ferry

Executive Summary

Great opportunity in Port Richmond, this Brick 16 family is conveniently located to public transportation, the empire outlets and much more! This 3-story building includes 12-two-bedroom apartments, 4-one-bedroom apartments, it also includes a T-Mobile cell phone tower for an added revenue stream.

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 $99,999 $9.99
Operating Expenses $99,999 $9.99
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 $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
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 $3,791,231 CAD
Price Per Unit $223,014 CAD
Sale Type Investment
Cap Rate 6.22%
Sale Conditions 1031 Exchange
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.12 AC
Building Size 13,800 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1930/2021
Parking Ratio 0.07/1,000 SF
Opportunity Zone Yes

Unit Amenities

  • Cable Ready
  • Heating
  • Eat-in Kitchen
  • Hardwood Floors
  • Range
  • Instant Hot Water

Site Amenities

  • Courtyard
  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -
2+1 1 - -
3+3 3 - -
5+3 3 - -
6+3 9 - -
Walk Score ®
Very Walkable (86)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01004-0032
Land Assessment
$127,929 CAD (2024)
Improvements Assessment
$688,942 CAD (2024)
Total Assessment
$816,871 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023

zoning

Zoning Code R4 (RESIDENTIAL)
R4 (RESIDENTIAL)
  • Listing ID: 29157031

  • Date on Market: 2023-08-01

  • Last Updated:

  • Address: 85 Ann St, Staten Island, NY 10302

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