191 Targee Street, Staten Island, NY 10304

$499,999
4
BD
2
BA
1,540
SqFt

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List Price
$499,999
Status
PENDING
Days on Market
21
MLS#
2605662
Subtype
Residential Income
Style
Other
Year Built
1910
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,540
Lot Size
2,500
Acres
0.06
MLS Area Major
Stapleton

Property Description

Exceptional Stapleton Investment Opportunity This well-positioned two-family home at 191 Targee Street offers an attractive investment opportunity in Stapleton, featuring a 2-bedroom apartment over a 2-bedroom apartment. With an impressive 8.7 CAP Rate, this property provides investors with a solid income-producing asset and an excellent addition to any portfolio. Even more compelling, 191 Targee Street can be purchased together with the neighboring investment property at 193 Targee Street creating the opportunity to acquire both properties as a package. When purchased together, the combined portfolio delivers an impressive 10.3 CAP Rate, offering investors enhanced cash flow and the potential to maximize their return through the acquisition of two adjacent income-producing properties. The seller prefers a package deal, making this a unique opportunity for an investor seeking to establish a larger presence in Stapleton while taking advantage of the economies and efficiencies that come with owning neighboring properties. Whether purchased individually or as part of the package, 191 Targee Street presents an outstanding investment opportunity. For investors focused on income, scale, and long-term upside, this is one you won't want to miss.

Additional Information

Taxes
$3,963
Property Description
Other
Zoning
C8-1
Heating
Natural Gas, Hot Water

Listing courtesy of MARTINO REALTY GROUP. Contact:

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