BEDS10
BATHS4 full
MLS#863532
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
This investment property presents a compelling opportunity for real estate investors, particularly those considering a 1031 exchange. Property Overview Type: 4-family residence with 2 commercial spaces and a detached garage. Condition: Sold AS IS, with existing tenants in place. CASH OFFERS ONLY. Potential Rental Income Three-bedroom units: 2,800-3,000/month. Two-bedroom units: 2,300-2,500/month. Commercial spaces: 1,500-1,800/month each. 1031 Exchange Considerations This property qualifies for a 1031 exchange, allowing investors to defer capital gains taxes by reinvesting the proceeds into a like-kind property within specific timelines. The IRS mandates that the replacement property be identified within 45 days and acquired within 180 days of the sale. Both the relinquished and replacement properties must be held for investment or business purposes to qualify. Needs 24 hour notice for showings.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Garage: 1
Heating: Hot Water, Other
Lot Size: 0.11 Acres
Taxes: $8,800
Year Built: 1931
Amenities
Other
Feature Descriptions
Building Area Total: 6156
Days on Site: 320
Exterior: Stucco
GarageY/N: Yes
Heating Zones: 4
Lot Dimensions: 50' x 100'
On Market Date: 2025-05-16
Parcel Number: 00180-0011
Rental Term: Monthly
Separate Electric Meters: 4
Separate Gas Meters: 4
Sewer: Public Sewer
Units: 4
Utilities: Cable Available, Natural Gas Available
Water: Public
Listed By / Shown By
Listing By
Agency Name: Neuhaus Realty Inc
Agency Contact: 718-979-3400
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 4,131.60 per month $3,004.51 Principal & Interest $733.33 Property Tax $393.75 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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361-363 Broadway | MLS# 863532
This multi-family property located at 361-363 Broadway, Staten Island, NY 10310 is currently listed for sale with an asking price of $1,350,000. Search Staten Island real estate on www.coldwellbankerchoice.com today.