138 Holland Ave | 34 Holland Ave
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138 Holland Ave 34 Holland Ave
5 Unit Apartment Building $1,600,000 ($320,000/Unit) 9.84% Cap Rate Staten Island, NY 10303
Executive Summary
Attention all investors! Rare chance to capture this Prime Investment Opportunity with a Projected Cap Rate of 9% plus!
This property presents a remarkable value-add opportunity for investors, featuring:
* 5 Units + Garage on large Vacant Land: Includes a large vacant land parcel with a garage, expanding your investment potential for potential development.
* 100% Free Market: Enjoy the freedom of setting competitive rental rates.
* Long-Term Ownership: Benefit from a stable investment with a history of solid performance.
* Below Market Rents: Take advantage of the potential for increased cash flow by adjusting rents to market rates.
* Pristine Condition: Move-in ready with turnkey finishes that attract desirable tenants.
Seize the chance to enhance your portfolio with this exceptional property. Contact me for more information!
This property presents a remarkable value-add opportunity for investors, featuring:
* 5 Units + Garage on large Vacant Land: Includes a large vacant land parcel with a garage, expanding your investment potential for potential development.
* 100% Free Market: Enjoy the freedom of setting competitive rental rates.
* Long-Term Ownership: Benefit from a stable investment with a history of solid performance.
* Below Market Rents: Take advantage of the potential for increased cash flow by adjusting rents to market rates.
* Pristine Condition: Move-in ready with turnkey finishes that attract desirable tenants.
Seize the chance to enhance your portfolio with this exceptional property. Contact me for more information!
Property Facts
| Price | $1,600,000 | Apartment Style | Low Rise |
| Price Per Unit | $320,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 9.84% | Building Size | 5,100 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1931/2005 |
| Price | $1,600,000 |
| Price Per Unit | $320,000 |
| Sale Type | Investment |
| Cap Rate | 9.84% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 5,100 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1931/2005 |
Unit Amenities
- Air Conditioning
- Attic
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PROPERTY TAXES
| Parcel Number | 01318-0204 | Improvements Assessment | $183,556 |
| Land Assessment | $9,044 | Total Assessment | $192,600 |
PROPERTY TAXES
Parcel Number
01318-0204
Land Assessment
$9,044
Improvements Assessment
$183,556
Total Assessment
$192,600
zoning
| Zoning Code | R3-2 (R3 - Low density residential district) |
| R3-2 (R3 - Low density residential district) |
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138 Holland Ave | 34 Holland Ave
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