Prime Location! 8 unit legal SRO Real Estate Opportunity in Saint George! Great value can be found in this asset located in the St. George neighborhood of Staten Island. This 8 unit SRO building is situated just a short distance from the Staten Island Ferry, St. George, Empire Outlets, and downtown eateries and pubs. Convenience is key and this property delivers. Property Highlights: 8 bedrooms, Unit Breakdown: (2) one-bedroom apartments and (6) studios, with full occupancy all in excellent condition. 6 apartments were recently renovated. Effective Gross Income: 150,000+ Net Operating Income: 130,000+ This property offers a fantastic investment opportunity in a thriving area. Don't miss out on this well-maintained building with strong rental income.
Features
8 bedrooms
8 bathrooms
2376 sq. ft. floor area
crop_free2552 sq. ft. lot size
cottageMulti-Family
Happy sellers in New York
94%
sentiment_very_satisfied
94% of sellers in New York reported that their sale price either exceeded or met their price expectations.
New York stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 3 reviews in New York over the last 12 months.
Local market activity for 8 bedroom multi families in New York
Sold
For Sale
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