65 St. Pauls Avenue
Property Description
Unique architectural character with a water view. It's a package deal with 2,4 St. Pauls Ave. Lots of potential to grow. Triple-income opportunity in Staten Island's North Shore. This well-maintained mixed-use building at 2, 4 & 65 St. Pauls Ave offers a rare combination of institutional stability and high-margin residential yield. Located in the heart of the North Shore, this asset provides immediate cash flow with significant long-term appreciation potential. Long-term lease with North Shore People's Credit Union, providing a secure, bank-backed commercial foundation and reliable income, and enhancing the property's profile for future financing. Each 2-bedroom 5 units at 2-4 St. Pauls Ave with private washer and dryer hook-up. 65 St. Pauls Ave includes another 2 two-bedroom residence with 12 garage complexes, current ownership has prioritized long-term occupancy over aggressive lease adjustments, all residential and garage rents are below market average, therefore lots of room to grow. There are two separate address 2-4 St. Pauls Ave and 65 St. Pauls Ave. They are being sold as a package. Geo-data is wrong. Building width is 35', not 21'. Triple-income opportunity in Staten Island's North Shore. This maintained mixed-use at 2, 4 & 65 St.Pauls Ave offers a rare combination of institutional stability and high-margin residential yield. Located in the heart of the North Shore, this asset provides immediate cash flow with significant long-term appreciation potential. Long-term lease with North Shore People's Credit Union, providing a secure, bank-backed commercial foundation & reliable income, and enhancing the property's profile for future financing. Each 2-bedroom unit has 5 units at 2, 4 St. Pauls, with its own private washer and dryer hookup. 65 St. Paul's Ave includes another two 2-bedroom residences. with 12 garage complexes.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $3,000,000 |
| No. of Units: | 2 |
| Year Built: | 1901 |
| Lot Size: | 1,732.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $1,500,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-SIMLSNY-2507178
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