Keller Williams Realty Group Eastchester / Scarsdale - Safiya Swan
1/13
Listing Courtesy Of: Amerihomes Realty of NY, Inc, Victor Li
Local Realty Services Provided By: Keller Williams Realty Empire
Overview
What It'll Cost
Neighborhood
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$999,000
38 Arthur Avenue, Staten Island, NY 10305
5 Beds
3 Baths
1,523 sq ft
.09 ac
$999,000

38 Arthur Avenue, Staten Island, NY 10305

Estimation provided by Keller Williams Realty Inc.
5 Beds
3 Baths
1,523 sq ft
.09 ac
Active
For Sale
Keller Williams Realty Advantage Fair Housing

Property Description

Seize this PRIME investment opportunity with a well-maintained legal3-family house, with three detached garages on a 40X100 lot in zone R3-1, in thedesirable Arrochar neighborhood of Staten Island. Tenants are operatingbelow-market rents with room to improve and increase the current CAP.Perfect for a 1031 exchange or enhancing your investment portfolio, thisproperty is strategically located near schools, shopping centers, andtransportation, just minutes from the Verrazano Bridge. Tenants willappreciate the convenience, ensuring high demand. This fully rentedproperty boasts reliable long-term tenants, comprising one one-bedroom andtwo two-bedroom units, each with full bathrooms. Modern amenities includethree separate heating systems, three NEW water heaters, three gas, andfour electric meters, enhancing tenant satisfaction and operationalefficiency. With a solid rental income of almost $7,000/month and very lowmonthly expenses. Real Estate Tax below $5,000. This investment promisesattractive returns and substantial upside potential, as current leases aresignificantly below market value. Act now to capitalize on thisexceptional offering! P&L is available upon request. Please note that theCertificate of Occupancy, dated 2008, reflects a legal three-familydwelling with three detached garages. The building has no violations and is properlyregistered. Showings are by private appointments only. Please do notdisturb tenants.

Property Details

Compare This Home
Overview
Property Type
Multi-Family
Property Size
1,523 sq ft
Days on Site
291 Days
HVAC
A/C Unit - Window, Hot Water, Gas
Parking
Yes
Real Estate Swan Team
Keller Williams Realty Group Eastchester / Scarsdale
10401264654

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Estimated Monthly Payment

Purchase Price: $999,000
Principal + Interest
$0 (0%)
Property Tax
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Home Insurance
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Credit Score
This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
01/04/2025
Price Decrease
$999,000
(-3.85%)
06/05/2024
Listed
$1,039,000
(+101.71%)
01/12/2015
Sold
$515,100
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$5,030
(+5.99%)
$25,046
Land 8,192 + Additions 16,854
2023
$4,746
(-1.1%)
$23,630
Land 7,030 + Additions 16,600
2022
$4,799
(-2.76%)
$45,240
Land 13,620 + Additions 31,620
2021
$4,935
(+5.39%)
$41,220
Land 13,620 + Additions 27,600
2020
$4,683
(-13.85%)
$39,000
Land 13,620 + Additions 25,380
2019
$5,435
(+35.4%)
$39,000
Land 13,620 + Additions 25,380
2017
$4,014
$19,692
Land 7,388 + Additions 12,304
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

Explore Arrochar (I278-Lily Pond-Rbn-Snd)

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Car-Dependent Walkable Very Walkable
Real Estate Swan Team
Keller Williams Realty Group Eastchester / Scarsdale
10401264654

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