403-7 Jersey Street

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Buy a beautiful building In an up and coming neighborhood, 10 blocks from the Staten Island Ferry, 45 minutes from Wall Street. Building was built in 1939. Two stores on ground floor- A market deli (leased until 2026) and a Chinese take-out (leased until 2018). The two loft apartments are large -1700 square feet each, with skylights, two bedrooms, kitchen. One apartment has a washer -dryer. Each floor has 3400 square ft. The building has 73K gross income (84-90K if fully rented) that could be higher since rents are below market. No lease for apartments. Apartments can be delivered vacant, and apartment floor could be used by artisan, or turned into an office or workshop. Current owner uses one loft apartment as studio.

Corner brick building in New Brighton neighborhood. A small commercial area of stores and shops.
Staten Island has many parks and trees and much greener than most of New York City. The yard could be turned into parking or garages for extra income.
S42 and S52 buses one block away.

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