MultiFamily Property at 662 Port Richmond Avenue

FOR SALE

$10,800,000

662 Port Richmond Avenue, Staten Island, NY 10302

27,152 SF

Square Feet

$398

PPSF

6.71%

CAP

Property Description

NOI

$724,800

Cap Rate

6.71%

NOT RENTSTABILIZED !! 1 Million $$ Gross Income a year!!

https://idx.paradym.com/idx/646-662-PORT-RICHMOND-AVE-STATEN-ISLAND-NY-10302/4712669/sk/301/

Property Details

Asset Type

MultiFamily

Year Built

1974

Neighborhood

Port Richmond

Submarket

Staten Island

ZIP

10302

Renovated

2022

Listing Type

sale

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Amortization

Loan Term

Gross Income ($)

Vacancy Rate (%)

Mgmt Fee ($)

Insurance ($)

Maintenance ($)

Utilities ($)

Property Taxes ($)

Reserves ($)

Net Operating Income (NOI)

$1,149,895

Debt Service Coverage Ratio (DSCR)

1.87x

Cap Rate

10.65%

Cash Flow (Annual)

$535,525

Cash-on-Cash Return

19.83%

Monthly Debt Service

$51,198

Annual Debt Service

$614,370

View on Map

Address

662 Port Richmond Avenue

Log in to see street view

Get exclusive comps and insights by logging in - it's free!

Staten Island MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Send a Message

Interested in this listing?

Click the button above to request more information about this property.