25 Sherman Avenue Staten Island, NY $ 3,500,000
25 Sherman Avenue
$ 3,500,000
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25 Sherman Avenue

Staten Island, NY, 10301
$ 3,500,000
Baths0.0 Sq 24,960

Monthly Estimate*

$ 20,962

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Studio

Multi-Family Home for sale in Staten Island, NY

for $3,500,000. This 24,960 square foot home was built in 1931 on a lot size of 0.35.

Great Investment Opportunity or 1031 Exchange in St. George, Staten Island, NY. Currently 6.1% cap rate/projected 9.68%. This 25 unit, 4-story walk up building sits high on a hill with views of the NY Harbor and VZ Bridge from several apartments. Full basement with Superintendents apartment, front courtyard, card operated laundry room. Apartments consist of (3)-Three Bedroom Apts, (10)-Two Bedroom Apts, (12)-One Bedroom apts. Short walk to the SI Ferry to Manhattan, Buses, Train, Empire Outlets, SI Ferry Hawk Baseball Stadium, North Shore Waterfront Esplanade Park, St. George Theatre, Richmond County Supreme Court, Borough Hall, National Lighthouse Museum, Restaurants, Library, Shopping, Schools & more. Please do not trespass. Showings are subject to written offers with proof of funds. No mortgage contingency accepted. Call today for more details...

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Multi-Family Pending

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 74,489

Style

9+F

Lot Size

0.35

Year Built

1931

Town/City

Staten Island

County/Region

Richmond

MLS | Web ID

2401395

Features
General
Sewer City
Heating Steam Natural Gas
Zoning R-3A
Garage Spaces 0.0
Construction Materials Brick Stucco
Year Built 1931
Electric 220 Volts
Stories 4
Property Subtype 9+F
Gross Income 400625.76
County Richmond
Net Operating Income 214057.68
Operating Expense 186466.08
New Construction N
Property Type Residential Income
Attached Garage N
Building Features Cable Laundry Superintendent's Apt
Full Baths 0
Status Pending
City Staten Island
NumberOfUnitsTotal 25
MLS Area St. George
Lot Size Units Square Feet
Lot Size Square Feet 15399.0
Carport Y/N N
Electric On Property Y/N N
Year Built Details Approx
Land Lease Y/N N
Tax Annual Amount 74489.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor St. George
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Tax Lot 0013
Senior Community None
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Exterior
Parking Features Off Street On Street
Condition Good
Lot Size Area 15399.0
Park Name Angelo J. Frange
Spa N
Building Area Total 24960.0
Lot Dimensions 120 x 52
Lot Size Acres 0.35
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
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 25
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* Excluded Features
List By
Robert J Fitzsimmons

Listing Agent

Gateway Arms Realty Corp.

Broker

sales@gatewayarmsrealty.com

Email

Affordability Calculator

$27,169
Per Month
77%
23%
0%
Monthly Principal & Interest
$20,962
Monthly Property Taxes
$6,207
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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
Pricing History
DatePricePrice ChangeDescription
3/15/2024$3,500,000 Listed Price

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25 Sherman Avenue, Staten Island, NY, 10301 is a Multi-Family Home for sale at $3,500,000 with 24,960 sqft and a lot size of 0.35. 25 Sherman Avenue is a studio with 0.0 baths and was built in 1931. The property's zip code is 10301 which is in Staten Island, NY