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54 - 58 Van Riper Street, Staten Island, NY 10302

Staten Island
Local realty services provided by:CENTURY 21 STANDARD REAL ESTATE
54 - 58 Van Riper Street,Staten Island, NY 10302
$1,299,900
  • 0.2 Acres
  • Lots / Land
  • Active
Listed by: dawn m nasella
Office: martino realty group
MLS#:2602258
Source:NY_SIBOR

Price summary

  • Price:$1,299,900

About this home

Development Site + Income-Producing Asset - Port Richmond, Staten Island Exceptional opportunity for developers and investors to acquire an oversized 88 x 101 parcel in the rapidly evolving Port Richmond section of Staten Island. Positioned near major retail corridors, public transportation, and with convenient access to highways and bridges, this property offers both strong in-place income potential and significant future development upside. The site currently consists of two detached two-family homes (four total units), each configured as spacious five-room apartments with 2-bedroom layouts and the potential to convert to 3-bedroom units. Both buildings include basements and walk-up attics, providing additional flexibility for storage or future use. Projected gross annual income ranges from approximately $127,200 to $168,000, with estimated net income between $104,841 and $145,741, yielding a projected cap rate of 7%-10%. This makes the property well-suited as a cash-flowing hold...

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Home facts

  • Listing ID #:2602258
  • Added:1 day(s) ago
  • Updated:May 05, 2026 at 02:39 PM

Structure and exterior

  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$1,299,900
  • Tax amount:$10,259
This information has been obtained from sources believed to be reliable, but no representations or warranties, expressed or implied, as to the accuracy of the information are being made by Ithaca Board of REALTORS® or CENTURY 21 STANDARD REAL ESTATE. Anyone using this information without independently verifying its accuracy bears all risk for any inaccuracies.

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