About 718 Henderson Avenue
Uncover an outstanding investment opportunity anchored by this expansive mixed-use building. The ground floor showcases a generous deli store, seamlessly paired with a sizable full basement, amplifying its versatility. Above, a spacious 4-bedroom apartment offers an additional income stream, further enhancing the property's value. Noteworthy is the autonomy given to tenants for their electricity and gas expenses, bolstering your profitability. With a commendable gross income of $73,500 and operational costs totaling $10,107, the property culminates in a robust net income of $63,393. Showcasing a cap rate surpassing 6%, the architectural footprint stands at 22' x 100' for the ground floor and 22' x 75' for the second floor.
Features of 718 Henderson Avenue
| MLS® # | 2400864 |
|---|---|
| Price | $899,999 |
| Bathrooms | 0.00 |
| Square Footage | 3,432 |
| Acres | 0.06 |
| Year Built | 1930 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 718 Henderson Avenue |
|---|---|
| Area | Randall Manor |
| City | Staten Island |
| County | Richmond |
| State | NY |
| Zip Code | 10310 |
Amenities
| Parking | Private |
|---|---|
| Has Pool | No |
Interior
| Heating | Hot Water, Electric, Natural Gas |
|---|---|
| Fireplace | No |
Additional Information
| Date Listed | February 16th, 2024 |
|---|---|
| Days on Market | 73 |
| Zoning | R-3-2 |
| Foreclosure | No |
Listing Details
| Office | Re/Max Edge |
|---|