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508 Midland Avenue Staten Island, NY $ 1,799,888
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$ 1,799,888 Get more info
508 Midland Avenue
$ 1,799,888
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Share Save

508 Midland Avenue

Staten Island, NY, 10306
$ 1,799,888
Baths0.0 Sq 4,000

Monthly Estimate*

$ 12,573

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Studio

Commercial Property for sale in Staten Island, NY

for $1,799,888. This 4,000 square foot building was built in 1931 on a lot size of 0.15.

Midland Beach !! Investors delight. 5 total units on 1 tax lot being sold as package, . 857 Nugent 2 bedroom bungalow rented at 1550 ( projected rent 1800 monthly 859 Nugent Avenue 2 bedroom bungalow rented at 1600 (projected market rent 1800) 508 Midland which all nite long deli rented at 6000 monthly 1 bedroom apartment 2nd floor 1250 projected rent 1500 2 bedroom apartment rented for 1350( projected rent 1700. Gross Income is 1410000 expenses water $1944 flood insurance $5655 liability $7567 taxes $21347 Net income $ 104,487

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Commercial Active

Price

$ 1,799,888

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 23,115

Style

Commercial

Lot Size

0.15

Year Built

1931

Town/City

Staten Island

County/Region

Richmond

MLS | Web ID

1164230
Features
General
Sewer City
Heating Forced Air Natural Gas
Zoning R3-1
Year Built 1931
Electric 220 Volts
Property SubType Commercial
County Richmond
Net Operating Income 104487.0
Operating Expense 36513.0
New Construction N
Property Type Commercial Sale
Status Active
City Staten Island
View Y/N N
MLS Area Midland Beach
Lot Size Square Feet 6420.0
Carport Y/N N
Street Name Midland
Year Built Details Approx
Land Lease Y/N N
Tax Annual Amount 23115.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Midland Beach
Additional Parcels Y/N N
Leasable Area 4000.0
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 0026
Senior Community None
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Exterior
Parking Features Street
Total Parking 0.0
Condition Excellent
Lot Size Area 6420.0
Number of Buildings 3
Spa N
Building Area Total 4000.0
Lot Dimensions 25x60
Lot Size Acres 0.15
Lot Size Units Square Feet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 508
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* Excluded Features
List By
Steven Sciarrino

Listing Agent

Si Premiere Properties

Broker

emailstevensciarrino@gmail.com

Email

Affordability Calculator

$14,499
Per Month
87%
13%
0%
Monthly Principal & Interest
$12,573
Monthly Property Taxes
$1,926
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1980392 Elementary School
1980393 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/5/2023$1,799,888 -14.29% Price Down
9/11/2023$2,100,000 Listed Price

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508 Midland Avenue, Staten Island, NY, 10306 is a Commercial Property for sale at $1,799,888 with 4,000 sqft and a lot size of 0.15. 508 Midland Avenue is a studio with 0.0 baths and was built in 1931. The property's zip code is 10306 which is in Staten Island, NY

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