Rare investment opportunity in hot St George real estate market. This fully occupied multi family property generates a robust income of 128,866.60 annually, offering immediate cash flow from day one. Priced competitively at 1,699,999, this asset delivers a 7.58 gross cap rate in one of Staten Islands most commuter friendly transit hubs. Low vacancy history due to high neighborhood rental demand. Separate tenant utilities minimizes landlord overhead expense. Premier St George location- walk to Staten Island Ferry for a free, direct commute to Manhattan. Also, steps to the Empire Outlets shopping, waterfront dining, and entertainment. Immediate transit access via the St George terminal buses and SIR train.
Originating MLS: