54-58 Van Riper Street, Staten Island, NY 10302
Local realty services provided by:CENTURY 21 Awaye Realty
54-58 Van Riper Street,Staten Island, NY 10302
$1,350,000
- 12 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: dawn m nasella
Office: martino realty group
MLS#:2602257
Source:NY_SIBOR
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Price summary
- Price:$1,350,000
About this home
Prime Four-Unit Investment with Expansion Potential - Port Richmond, Staten Island Rare opportunity to acquire two detached two-family buildings on an oversized 88 x 101 lot in the highly accessible Port Richmond section of Staten Island. Ideally positioned near major shopping corridors, public transportation, and key highway and bridge access points, this property is well-suited for both immediate cash flow and long-term value creation. Each building features two spacious five-room apartments, currently configured as 2-bedroom units with the potential for 3-bedroom layouts. Additional value is supported by full basements and walk-up attics, offering storage or future conversion possibilities. Projected gross annual income ranges from approximately 127,200 to 168,000, with estimated net income between 104,841 and 145,741 depending on final unit configuration—delivering an attractive projected cap rate between 7 and 10. Situated on a C2-1, R3-2, and R3A zoned lot, this property presents a compelling opportunity for expansion or redevelopment. With proper architectural planning, investors may unlock additional unit density and significantly increase overall returns. Property is being sold as-is and will be delivered fully vacant at closing, providing a clean slate for repositioning, renovation, or redevelopment....
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Home facts
- Year built:1930
- Listing ID #:2602257
- Added:49 day(s) ago
- Updated:June 24, 2026 at 06:43 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:4
- Full bathrooms:4
- Basement Description:Full
Heating and cooling
- Cooling:Units
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1930
- Architectural Style:Colonial
- Construction Materials:Stucco
Finances and disclosures
- Price:$1,350,000
- Tax amount:$10,259
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