About 26-32 Narrows Road S
14 unit apartment and 2 office space with 2 parking lots for sale! Meet your next investment opportunity at 26-32 Narrows Road South in Staten Island.A stone's throw away to the Verrazano Bridge you can be in Brooklyn in no time! Built in 1974, (this is NOT a rent stabilized building). The all brick building is comprised of: 14 apartments (ten 2 bedrooms and four studios), 2 office spaces, and 2 parking lots. Lot size 23,200 /sf, building 13,860/sf. Roof and windows are about 15 years old. Total annual expenses are $85,600, current net income $109,460 due to below market value rent roll. Potential income to be $321,200 based on 2023 rental market values.
