25 Sherman Avenue, Staten Island, NY 10301

$3,460,000
24,960
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$3,460,000
List Price
$3,500,000
Status
CLOSED
Days on Market
369
Closing Date
Mar 18, 2025
MLS#
2401395
Subtype
Residential Income
Year Built
1931
Living Area
24,960
Lot Size
15,399
Acres
0.35
MLS Area Major
St. George

Property Description

Great Investment Opportunity or 1031 Exchange in St. George, Staten Island, NY. Currently 6.1% cap rate/projected 9.68%. This 25 unit, 4-story walk up building sits high on a hill with views of the NY Harbor and VZ Bridge from several apartments. Full basement with Superintendents apartment, front courtyard, card operated laundry room. Apartments consist of (3)-Three Bedroom Apts, (10)-Two Bedroom Apts, (12)-One Bedroom apts. Short walk to the SI Ferry to Manhattan, Buses, Train, Empire Outlets, SI Ferry Hawk Baseball Stadium, North Shore Waterfront Esplanade Park, St. George Theatre, Richmond County Supreme Court, Borough Hall, National Lighthouse Museum, Restaurants, Library, Shopping, Schools & more. Please do not trespass. Showings are subject to written offers with proof of funds. No mortgage contingency accepted. Call today for more details...

Additional Information

Taxes
$74,489
Zoning
R-3A
Heating
Steam, Natural Gas
Stories
4

Listing courtesy of GATEWAY ARMS REALTY CORP.. Contact:

Selling Office: .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks