90 Park Ave, Staten Island, NY 10302 (MLS# 1152627)

Listing Courtesy of Cornerstone Realty


$1,499,000
90 Park Ave
Staten Island, NY 10302
MLS# 1152627
Status: Closed
3750 sqft


Front View
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Front View 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302 90 Park Ave, Staten Island, NY 10302

Property Description
For the Sophisticated Investor, 90 Park Avenue offers an intriguing cash flow opportunity in today's lofty market. An updated and upgraded, legal 18 Room SRO, completely vacant - providing you with a blank canvas to begin operations. With demand for affordable units at an all time high, 90 Park Avenue presents the opportunity to deliver a high cash on cash return in a demanding marketplace. Recent improvements and upgrades include a security camera system that has direct access to the Police Precinct, mechanical upgrades and interior renovations. These improvements were designed to limit your cap ex and minimize your maintenance during the operation of the building. With demand for housing an all time high, it is easy to project 90 Park with a double digit cash on cash return and a huge cash flow generator in your multi family portfolio.

Details
Maps
Documents
Address/Legal
Street No.: 90
Street Name: Park Ave
County: Richmond
State: NY
Zip Code: 10302
Area Name: Port Richmond
Parcel ID: 01005-0019
Contract/Location Information
Listing Date: 2022-02-28
Sold Price: $1,400,000
Current Price: $1,400,000
List Price/SqFt: 399.73
Sub-Type: Other
Zoning: R3-A`
Block: 01005
Lot: 0019
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 3
Year Built: 1915
Year Built Info: Approx
Taxes: 22429
Tax Abated: No
Lot Size SqFt: 3750
Lot Dim: 50x75
Irregular: No
Building SqFt: 3750
Condition: Excellent
Number of Units: 18
Basement Type: Full
No. of Heating Units: 1
Air Conditioner: None
Rent Control # of Units: 18
Public Remarks: For the Sophisticated Investor, 90 Park Avenue offers an intriguing cash flow opportunity in today's lofty market. An updated and upgraded, legal 18 Room SRO, completely vacant - providing you with a blank canvas to begin operations. With demand for affordable units at an all time high, 90 Park Avenue presents the opportunity to deliver a high cash on cash return in a demanding marketplace. Recent improvements and upgrades include a security camera system that has direct access to the Police Precinct, mechanical upgrades and interior renovations. These improvements were designed to limit your cap ex and minimize your maintenance during the operation of the building. With demand for housing an all time high, it is easy to project 90 Park with a double digit cash on cash return and a huge cash flow generator in your multi family portfolio.
Status Change Info
Status: Closed
Sold Date: 2022-07-01
Sold Price: $1,400,000
Projected Close Date: 2022-06-01
Unit 1
Level: 1
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Unit 2
Level: 2
# Rooms: 6
# Bedrooms: 6
# Baths: 1
Unit 3
Level: 3
# Rooms: 5
# Bedrooms: 5
# Baths: 1
Unit 4
Level: 4
# Rooms: 5
# Bedrooms: 5
Income & Expenses
Total Expense: 71013.36
Appliances
Total # Ranges: 1
Total # Refrigerators: 1
Property Features
Electric Meters: Master
Gas Meters: Master
Electric: 220
Parking: On Street
Garage Location: None
Siding: Stucco
Extras: Cable; Superintendent's Apt
Heat Source: Gas
Heat System: Hot Water

Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.