11-19 Burbank Avenue, Staten Island, NY 10306 | 11-18 Burbank Ave
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11-19 Burbank Avenue, Staten Island, NY 10306 11-18 Burbank Ave
8 Unit Apartment Building $1,749,000 ($218,625/Unit) 4.28% Cap Rate Staten Island, NY 10306
Investment Highlights
- Lots of natural light.
- High vehicle count.
Executive Summary
EXCELLENT INVESTMENT OPPORTUNITY. This sale deal offers an incredible opportunity to own an income-producing property with 8 bedrooms, 8 bathrooms, and laundry facilities on site. With 4 buildings spanning 2 stories and a lot size of 10,000 sqft, this property is a lucrative investment option. Situated in a vibrant neighborhood, this property boasts a range of desirable amenities and attractions in close proximity. Convenience is also key in this neighborhood, as the property is within close proximity to several shopping centers. Commuters delight with easy access to nearby public transportation system. Don't miss out on this incredible opportunity to own a charming multi-family property in a thriving neighborhood. Whether you're looking for a stable rental income or a place to call home, 11-19 Burbank Avenue offers it all.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,749,000 | Apartment Style | Garden |
| Price Per Unit | $218,625 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 4.28% | Building Size | 10,000 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1931 |
| Price | $1,749,000 |
| Price Per Unit | $218,625 |
| Sale Type | Investment |
| Cap Rate | 4.28% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1931 |
Unit Amenities
- Cable Ready
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Tub/Shower
Site Amenities
- Courtyard
- Laundry Facilities
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,850 | - |
1 of 1
Walk Score ®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 03621-0038 | Total Assessment | $542,250 (2024) |
| Land Assessment | $135,792 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $406,458 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
03621-0038
Land Assessment
$135,792 (2024)
Improvements Assessment
$406,458 (2024)
Total Assessment
$542,250 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | R3X (R3 - Low density residential district) |
| R3X (R3 - Low density residential district) |
-
Victoria Cavicchio -
JM Properties
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11-19 Burbank Avenue, Staten Island, NY 10306 | 11-18 Burbank Ave
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