76 Grove Avenue,Staten Island, NY 10302
Staten Island, NY 10302
Description
Exceptional Investment Opportunity - Port Richmond Detached six-family income-producing building in the heart of Port Richmond featuring 12 bedrooms, 7 bathrooms, a basement storage area, on-site property manager's quarters, and 4 off street parking spaces. A standout investment with a strong 8% cap rate, excellent rent roll, and an ideal opportunity for investors or a 1031 exchange buyer. GOI 175,000, AOE $22,000, NOI $150,000. Built in 1987, the property is exempt from New York City's Rent Stabilization Law and Lead Paint Law. Recent improvements include updated plumbing and electric systems. Tenants pay their own heat and hot water, helping reduce owner expenses. Additional features: Gas piping inspection completed in 2025 (required every 3 years). Current bed bug filing submitted. No HPD or Department of Buildings violations. 24 Hour Security. Well-maintained, turnkey investment property offering strong cash flow in a desirable Port Richmond location. All offers through listing agent with LOI proof of fund and attorney information. All information is deemed reliable through a 3rd party source. Subject to E & O. Seller will entertain all reasonable offers.
Details
| MLS # | 503384 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 56 |
| Listing Provided By | DiTommaso Real Estate | Hanan Abu Zahriyeh |
Features
| Bed(s) | 12 |
|---|---|
| SQ Feet | 3,780 |
| Story(s) | 3 |
| Units | 6 |
| Zoning | C-2 |
Interior
| Heating Fuel | Gas |
|---|
Exterior
| Exterior | Aluminum Siding, Brick |
|---|---|
| Roof | Flat |
| Construction Materials | Brick |
| Foundation Details | Poured Concrete |
Parking
| Parking Attributes | 4 Spaces |
|---|---|
| Parking Feature Single | Street |
Utilities
| Electric | 200 Amp |
|---|
Taxes
| Tax Amount | 8625.00 |
|---|
Area Information
| State | NY |
|---|---|
| County | Staten Island |
| City | Staten Island |
| Zip Code | 10302 |
| Area | Staten Island |
| Subarea | Port Richmond |
| Listing VS Median (in 10302) | |
Price: $1,950,000 low | high Med: $699,999 sqft: 3,780 low | high Med: 2,100 $ / sqft: $516 low | high Med: $333 On site: 56 low | high Med: 1 | |
Market Activity 10302
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Learn More About This Property
| State | NY |
|---|---|
| County | Staten Island |
| City | Staten Island |
| Zip Code | 10302 |
| Area | Staten Island |
| Subarea | Port Richmond |
| Listing VS Median (in 10302) | |
Price: $1,950,000 low | high Med: $699,999 sqft: 3,780 low | high Med: 2,100 $ / sqft: $516 low | high Med: $333 On site: 56 low | high Med: 1 | |
