About 238 York Avenue
I am pleased to present an opportunity to acquire 238 York Avenue, a multifamily asset that generates stable income, situated in Staten Island’s North Shore. This market is rapidly evolving and benefiting from significant public and private infrastructure investments.
The property features a 6.61 in-place cap rate and a 7.37 pro-forma cap rate, which ensures robust cash flow from the start, along with potential for future appreciation. Investors have the opportunity to enhance NOI and maximize returns through operational efficiencies and incremental rent adjustments.
Features of 238 York Avenue
MLS® #
2501496
Bedrooms
10
Bathrooms
5
Full Baths
5
Acres
0.12
Type
Residential Income
Price
$1,600,000
Building Sqft
3,700
Year Built
1931
Sub-Type
4F
Community Information
Address
238 York Avenue
City
Staten island
County
Richmond
State
New York
Zip Code
10301
Listing Map
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