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40 Hancock Street, Staten Island, NY 10305

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For Sale

$1,899,000

8 beds • 4 baths • 3,840 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

  • $494.53
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention!! Investors, Buyer with 1031 exchange. A great opportunity to own a spacious 3,840-sqft all brick 4-family home nestled in the Heart of Dongan Hills Neighborhood! Building size is 24' X 80', Lot size is 34' x 100', there are 4 Gas meters and 5 electric meters with all utilities separately metered for the units. House also offers a built-in four-car garage. This tremendous property offers high ceilings and a generous layout: the first floor includes a two-beds, one-baths apartment (980 sqft , 1F) rented for 2,525/month and a two-beds one-baths apartment (1080 sqft, 1R) owner-occupied (Potential 2,500/month rental income), while the second floor mirrors this with another two-beds one-baths unit (980 sqft, 2F) rented for 2,500/month and two-beds one-baths unit (1080 sqft, 2R) currently rented for 2,500/month. All the rear units have potential to be converted into 3-beds apartments for more rental income. The ground floor has a four-car garage (a great income boost) and utility room with separate entrances, providing additional space for storage. The spacious backyard with PVC fencing offers ample space for entertainment or storage. This property is ideally situated on R3-2 & C1-1 Overlay zoning with tons of potential to convert into storefront. This house has a NOI of $99,600 !! or more with 5-6 % CAP rate!! Owner Finance is available! The location is prime: a family-oriented neighborhood with nearby parks, excellent schools. Nearby Hylan blvd with lots of local shops, restaurants, pharmacy, laundromat, supermarket. Public transit is accessible via local & express buses including S79, S78, SIM1, 1C, 7, 10, 11 Buses, also with a short distance to the SI train connected to ferry and Manhattan, and drivers enjoy easy access to the Verrazzano Bridge with minutes, hustle free with traffic. This is a rare opportunity don't miss out! Schedule your private showing today! This one won't last!
MLS# 495911

Courtesy Of Keller Williams Realty Empire

(718) 766-7159

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Refrigerator, Washer
  • Architecture Style
    Colonial
  • Exterior Type
    Brick, Stucco
  • Floor Covering
    Hardwood
  • Lot Size
    0.08 Acres

Map and Directions

Directions to 40 Hancock Street, Staten Island, NY 10305

Home seller CENTURY 21 Awaye Realty

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 Awaye Realty

(718) 488-0800
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† 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.