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$1,950,000

Est. payment - /mo

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12 Beds

6 Baths

3,780 SqFt

New

76 Grove AVE Staten Island, NY 10302

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,780 sqft

Price per Sqft $515

MLS Listing ID 2604973

Style Other

Bedrooms 12

Full Baths 6

Construction Status Updated/Remodeled

Year Built 1987

Annual Tax Amount $8,600

Lot Size 4,450 Sqft

Acres 0.1

Lot Dimensions 50x89

Property Sub-Type Quadruplex

Source Staten Island Multiple Listing Service

Property 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 7.5 cap rate, excellent rent roll, and an ideal opportunity for investors or a 1031 exchange buyer. GOI 176,400, AOE 36,400 dollars, NOI 140,000 dollars. 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

State NY

County Richmond

Area Port Richmond

Zoning R-5

Rooms

Basement Partially Finished

Interior

Heating Natural Gas, Hot Water

Cooling Units

Exterior

Parking Features No Garage, Driveway

Building

Lot Description Back Yard

Sewer Public Sewer

Architectural Style Other

Structure Type Aluminum Siding

New Construction No

Construction Status Updated/Remodeled

Others

Tax ID 01079x0055

Virtual Tour https://app.doaudiotours.com/unbranded?id=29690&lang=en-US

Listed ByDiTommaso Real Estate

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Shi Cui (Lilly) Tang

NYS RE Lic. Broker, NJ RE. Broker Associate

+1(917) 861-6288