193 Targee Street, Staten Island, NY 10304

$599,999
6
BD
2
BA
2,010
SqFt

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List Price
$599,999
Status
ACTIVE
Days on Market
0
MLS#
2605660
Subtype
Residential Income
Style
Colonial
Year Built
1920
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
2,010
Lot Size
5,000
Acres
0.11
MLS Area Major
Stapleton

Property Description

Exceptional Stapleton Investment Opportunity An investor's dream with an impressive 11.7 CAP Rate! This exceptional two-family property in the heart of Stapleton offers a rare combination of strong rental income, versatility, and valuable additional space. The property features a renovated 2-bedroom apartment on the first floor and an expansive 4-bedroom duplex, providing an ideal setup for maximizing rental potential. Adding even more value is the detached 5-car garage, offering tremendous flexibility for parking, storage, or additional income potential. Opportunities combining multiple residential units with a substantial detached garage are truly hard to find. For investors looking to expand their portfolio, this property can also be purchased as a package with the neighboring property at 191 Targee Street, a two-family home configured as a 2-bedroom over a 2-bedroom. The seller prefers a package sale, creating an exciting opportunity to acquire multiple income-producing properties side by side and maximize the potential of this prime Stapleton location. With an 11.7 CAP Rate and the opportunity to acquire the adjacent property, this is a compelling offering for investors seeking immediate income and long-term upside. A rare chance to build a substantial investment position in Stapleton—don't miss it!

Additional Information

Taxes
$2,775
Property Description
Colonial
Zoning
R3A
Heating
Natural Gas, Steam
Exterior Features
Balcony
Garage Spaces
5

Listing courtesy of MARTINO REALTY GROUP. Contact:

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