508 Midland Avenue, Staten Island, NY

$1,799,888

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4,000

Square feet

0.15

Acres

About 508 Midland Avenue

Midland Beach !! Investors delight. 5 total units on 1 tax lot being sold as package, . 857 Nugent 2 bedroom bungalow rented at 1550 ( projected rent 1800 monthly 859 Nugent Avenue 2 bedroom bungalow rented at 1600 (projected market rent 1800) 508 Midland which all nite long deli rented at 6000 monthly 1 bedroom apartment 2nd floor 1250 projected rent 1500 2 bedroom apartment rented for 1350( projected rent 1700. Gross Income is 1410000 expenses water $1944 flood insurance $5655 liability $7567 taxes $21347 Net income $ 104,487

Features of 508 Midland Avenue

MLS® # 1164230
Price $1,799,888
Bathrooms 0.00
Square Footage 4,000
Acres 0.15
Year Built 1931
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 508 Midland Avenue
Area Midland Beach
City Staten Island
County Richmond
State NY
Zip Code 10306

Amenities

Parking Street
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No

Additional Information

Date Listed September 11th, 2023
Days on Market 190
Zoning R3-1
Foreclosure No

Listing Details

OfficeStaten Island Premiere Properties

Listing Map

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