Mixed use property

Welcome to this spacious and versatile 5,500 square foot multi-family home, located at 15 1st St, Staten Island, NY 10306. Boasting 7 bedrooms and 3 full bathrooms, this property is full of potential. Currently operating as a dental clinic, it offers an incredible opportunity for someone looking to continue its current use or convert it back into a beautiful family home. The property can be sold with all dental office inventory, and there is the option for a 5 to 10-year lease.

The listed price does not include the dental equipment, which is available for an additional $250,000.

Property Highlights:

• Total Interior Living Space: 5,500 sq ft
• Living Area: 2,360 sq ft
• Lot Size: 8,560 sq ft
• Bedrooms: 7
• Full Bathrooms: 3

Lot Information:

• Size: 0.46 Acres
• Year Built: 1996

Home Style & Type:

• Multi-Family

Location & Zoning:

• Zoning: R3-X

Annual Taxes:

• $15,176

Whether you’re looking for a new home or an investment property with built-in business opportunities, this property is a unique find. Don’t miss out on the chance to own a piece of Staten Island with endless possibilities!

A 109’ wide 57 unit five (5) story mixed-use building. 3852 10th Avenue has two stores on the ground floor and four units at the back. The upper floors have seven apartments per floor. an investor can add value by combining the two stores at 3852 10th Avenue. The commercial overlay allows the second floor to be converted into commercial space.

Lot Size: 109’ x 170’

53,316 Below Grade
44,430 Above Grade

Expenses: Real Estate Taxes: $119,936.28
Water & Sewer: $42,000
Insurance: $30,500
Heat (Gas): $42,000 Electric: 

(common areas)$9,600
Repairs & Maintenance: $12,500
Super:$14,000
Management: (3%): $37,178

Total Annual Expenses: $307,714.28

Net Operating Income: $931,549.96 

CAP RATE: 8.9%

Here is the video

https://www.youtube.com/shorts/Rf1_zQnwUvs
 

An 50’ wide four-unit three story corner mixed use building. The first floor has four stores, the second floor has two, two-bedroom apartments and the third floor also has two, two-bedroom apartments. The units are all free market, they have a full kitchen and bathroom along with a eating/living area. The boiler and water heater is gas, the apartments are individually metered for gas and electric. The utilities and the meters are in the basement. The roof is rubber with silver coating and in good condition. The property gets great sunlight and is located in an area with lots of development.   
The property is also a great development opportunity, a developer can build a 21,000 square foot building. This can be a ten story mixed-use building. The zoning allows commercial on the first and second floors and apartments above. The apartments can be rentals or condos. The City Of Yes program allows a 25,000 square foot building to be built.

CAP RATE 7.1%
Lot Size: 50' x 100'
Stories: Three Plus Full Basement
Gross Square Feet: 6,950 appx
Air Rights: 14,050
Taxes: (24/25) $11,089.40

ONE STORY COMMERCIAL BUILDING FOR SALE
EXCELLENT USER/DEVELOPMENT OPPORTUNITY
950 UTICA AVENUE
BROOKLYN, NEW YORK
Location: East side of Utica Avenue between Snyder and Tilden Avenues
Block: 4721 
Lot: 11
Lot Size: 20' x 100'
Building Size:
Ground Floor: ---20' x 60' = 1,200
Stories: One
Gross Square Feet: 1,200 appx
Zoning: (FAR) R5 (1.25) with a C2-2 Overlay (1.0) Height limit 40’
Buildable Sq. Ft: 2,500
Air Rights: 1,300 Sq. Ft
Taxes: (23/24) $10,667.20
Description:

A 20’ wide vacant one story commercial building being used as an auto repair shop. The building is a great user opportunity; a user can use it for their business which can be a restaurant or grocery store. The property is also great for an investor, they can rent it to a laundry or a local gym or doctor office. The property is delivered vacant.
The property is a prime development opportunity, the zoning allows a four story building to be built. The first floor can be commercial and the upper floors residential. The units can be floor-through apartments or two units per floor.
The building is located in an area with a lot of foot traffic and strong demand for new apartments. The B 46 bus runs along Utica Avenue and goes to Eastern Parkway which gives access to the 3, 4 and 5 trains.  

ASKING PRICE: $850,000

563 Glenmore Brooklyn Contract flip. +3% fee on top of the price.

Mixed use. Vacant. 2 family plus store 20x60 building size 20 x 74.83 Has a vacate order because of the fire, no relocation lien • Ground Floor Duplex: Perfect for a store or business. • Second Unit: Two-bedroom duplex with basement access. • Second Floor Unit: Spacious 4-bedroom, 2-bath layout. Must close by the end of the month or the first week of February the latest. T.o.e. title and videos available 699k

Taxes: $1900

A 20’ wide three unit/ free market/  four story mixed-use building. The property has a store on the ground floor, which also occupies the basement. Floors two through four are each two-bedroom floor-through apartments.   
The ground floor has 12’ ceilings and the upper floors each has 10’ ceilings. The units are individually metered for gas and electric. The meters, gas boiler and water heater are in the basement. The roof is rubber with silver coating and in good condition. The property gets great sunlight and is located in an area with lots of development.     
The property is a prime investment opportunity, an investor can add value by renovating the apartments and giving each unit their own boiler and water heaters. An investor can also, expand the store to the lot line and duplex the top floor. The two bedroom apartments can be converted into three bedroom apartments. The zoning allows the second floor to be converted to commercial. 
The building has a great location that has excellent commercial and residential exposure.   
Franklin Avenue is one of the busiest street in Brooklyn, with all the fast food restaurants, banks, clothing stores health food stores.  
The property is also a great user opportunity, a user can have a business on the ground floor and live in one of the units above and rent out the other apartments for income.  
The laundromat has great exposure, they get customers from both sides of the street. They also occupy the basement, the rent is $5,500 per month and they are on a month to month basis. 
The second floor is a two-bedroom floor through apartment. The apartment has a full kitchen and bathroom. The unit has 10’ ceilings and gets great sunlight. The rent is $2,500 and they are on a month to month basis.  
The third floor is a two-bedroom floor through apartment. The apartment has a full kitchen and bathroom. The unit has 10’ ceilings and gets great sunlight. The rent is $2,500 and they are on a month to month basis. 
The third floor is a two-bedroom floor through apartment. The apartment has a full kitchen and bathroom. The unit has 10’ ceilings and gets great sunlight. The rent is $2,500 and they are on a month to month basis

3 Free Market Renovated 2 bedroom/ 1 bathroom apartments at below market rents
• 3 Retail Units on main corner of Woodside Ave and 69th Street
• 4 Vacant Parking Spots with dedicated driveway
• Vacant Warehouse/Storage space in the back of 68-10 Woodside Ave
• Two blocks away from the 7 Train subway stop on 69th Street and Roosevelt Ave & an 8 minute walk from the Woodside Train Station stop for the LIRR
• Easy access to the BQE and close proximity to Queens Blvd & Roosevelt Ave & Broadway
• Neighborhood has a great mix of residential and commercial
• Possible owner-user opportunity
Real Estate Taxes (24/25) $39,128
Income $298.000
NOI 225.000

27’ wide, 9-unit multifamily property located on the south side of West 82nd
11,290
GSF, the property features one commercial space which is leased to TwoDO salon
though December of 2024, 7 rental apartments and a large ~3,300 sq. ft. owner’s
duplex spanning the entire 4th & 5th floors. The building is currently configured as
2 one-bedrooms, 3 two-bedrooms, 2 three-bedrooms and a five-bedroom 4 ½ bath
owners’ unit. The owner’s unit was created in 2009 and includes modern finishes,
central air conditioning, security system, laundry room and a private keyed elevator
accessed from a separate door in the main lobby. Of the 7 rental apartments, 4 are
Free Market, 2 are Rent Stabilized (1 is on a preferential rent) and 1 is Rent Controlled.
The property has been well maintained by long term ownership and is being
offered for sale for the first time in over 30 years. Future ownership will have the
opportunity to occupy the owner’s unit while deriving investment income from
the remaining rental units. Additional value can be created via renovations of
the existing Free Market apartments, re-positioning of the basement space and
eventual recapture of the remaining regulated apartments.
NOI $422K

7 Free market units with 5 commercial spaces.
A package of two mixed-use buildings on Frederick Douglas Blvd along with a two story commercial building located at 303 West 128th Street. 2391 Frederick Douglas Blvd is a 25’ wide four unit four story corner mixed-use building. 2391 Frederick Douglas Blvd is a 25’ wide three unit four story mixed-use building. 303 West 128th Street is a two story commercial building. 
The zoning, lot size makes the property a prime development opportunity. The zoning allows a 43,056 square feet property to be built, this would include inclusionary housing. The apartments would be a mixture of one and two bedroom apartments.   
Total Annual Income: $621,300, to   $678,000
Total expenses: $102,073.8
Net Operating Income: $575,926.2 CAP RATE: 5.8% 
For more information email me to vardan@avenuesny.com
ASKING PRICE: $10,000,000

This is a newly build 10 two-bedrooms units elevator building with two stores, with three years TAX abatement. All units are have very high Legal rent. The net operating income is more than 250K annually. Please email me for more details to vardan@avenuesny.com , thank you