About 34 Broad Street
Price Reduced!
Great opportunity for anybody looking to invest!
All tenants on month to month leases
1fl -1,400
2nd fl -1,800
3rd fl -VACANT-Can rent for top dollar
Bsmt -700 for storage
Taxes 400 a month
Electric 50 a month
Water 100 a month
Insurance 250 a month
70,800 annual income
9,600 annual expenses
Net income 61,200 (6 pct cap rate)
Building is in excellent condition. Renovated within the last 7 years. Excellent tenants on month to month lease. Once apartments are vacated in the future, you can rent each unit for much more which can bring your cap rate to 12 pct or net income of around 100,000 AFTER expenses!
Features of 34 Broad Street
MLS® #
2500586
Bedrooms
6
Bathrooms
3
Full Baths
3
Acres
0.05
Type
Residential Income
Price
$959,999
Building Sqft
2,772
Year Built
1901
Sub-Type
3F
Community Information
Address
34 Broad Street
City
Staten island
County
Richmond
State
New York
Zip Code
10304
Listing Map
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