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233 Sand Lane, Staten Island, NY 10305

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For Sale

$1,600,000

5 baths • 5,130 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $311.89
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

VACANT 18 SRO/hotel rooms over a huge commercial first floor. the property will come with the lots to the left and right. the property also features a full basement with 10 foot ceilings. situated right near the boardwalk. 3 minutes from the Verrazano bridge. projected 22.8% CAP POST REHAB!!!!! The long: Introducing an amazing investment opportunity in Staten Island, just a stone's throw away from the Verrazano Bridge! This mixed-use building offers an ideal blend of residential and commercial spaces in a bustling neighborhood. Situated in a high-demand area, it presents an exceptional chance to capitalize on both residential and commercial ventures. With the entire building currently vacant, there's plenty of room for your creative vision. It's already undergone some rehabilitation, and with a full basement included, there's ample space for expansion or storage. Plus, the sturdy foundation ensures long-lasting durability. What's more, this property boasts an outstanding over 19.8% capitalization rate (CAP), making it an incredibly lucrative opportunity. But wait, there's more - the rooftop is equipped with solar panels for energy efficiency, and there's even a convenient driveway. Don't miss out on this fantastic chance to invest in a promising property with both sustainability and profitability! Most notably, this investment opportunity boasts an extraordinary over 21% capitalization rate (CAP), exemplifying its exceptional profitability and value proposition. With such a compelling rate of return, investors can rest assured that their investment will yield substantial dividends, making it a standout choice in today's market landscape. Don't miss out on the chance to capitalize on this remarkable investment opportunity in Staten Island's thriving real estate market. Whether you're a seasoned investor seeking to diversify your portfolio or a newcomer looking for a promising venture, this property offers the perfect combination of potential and profitability. Seize the opportunity to secure your financial future and make this property your next successful investment endeavor! Price Can Be Reduced If Only One Lot Is WantedPleaseInquire
MLS# 11547329

Courtesy Of TWELVE STONES REALTY

(973) 873-8444

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Lot Size
    40 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 233 Sand Lane, Staten Island, NY 10305

Home seller CENTURY 21 Realty First

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty First

(718) 758-5838
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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