Property Listing No Longer Available for Sale

290 Clifton ave, Staten Island, NY

Multi-family for Sale - $1,375,000 - 3,608 Sq. Ft. on 0.2 acres

Property Info

  290 Clifton ave
  Staten Island NY 10305
UpdatedJune 8th, 2018
Building3,608 Sq. Ft.
Land0.2 acres

Property Description

Coldwell Banker Reliable Commercial Division is pleased to offer 290 Clifton Avenue for sale. The two Lots total 8,625 SF (75 x 115). The lot currently consists of a 3,608 SF 3 Family Property and 2 large garages. Located in the Rosebank neighborhood of Staten Island NY.

Investment Highlights:

 Annual Projections: $301,875 Rental Revenue / $14,767 Expenses / 8.5% Cap Rate.

 2 Lots (lot 0008 and 0011) Zoned R3A.

 Delivered Vacant

 Potential 15-25 year tax abatement.

 For sale inventory in the area is low and prices are rapidly increasing.

 Excellent opportunity to develop rentals or condos in a growing market.

Location Highlights:

 Located on Clifton Avenue, one block to Hylan Blvd, major retail corridor occupied by some of the worlds largest corporations and franchises.

 Nearby public transportation includes the S51, S52, S78 and S81 Buses and the Clifton Train Stop.

 Easy access to the Verrazano Narrows Bridge and the Staten Island Expressway.


Annual Projections: $301,875 Rental Revenue / $14,767 Expenses / 8.5%

Cap Rate.

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