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Image 1 - 1374 Clove Road, New York, NY 10301, USA - House for sale
Image 2 - 1374 Clove Road, New York, NY 10301, USA - House for sale
Image 3 - 1374 Clove Road, New York, NY 10301, USA - House for sale
Image 4 - 1374 Clove Road, New York, NY 10301, USA - House for sale
Image 5 - 1374 Clove Road, New York, NY 10301, USA - House for sale
Image 6 - 1374 Clove Road, New York, NY 10301, USA - House for sale
Image 7 - 1374 Clove Road, New York, NY 10301, USA - House for sale
Image 8 - 1374 Clove Road, New York, NY 10301, USA - House for sale
Image 9 - 1374 Clove Road, New York, NY 10301, USA - House for sale
Home For Sale In Staten Island, New York
1374 Clove Road, New York, NY 10301, USA

Home For Sale In Staten Island, New York

house for sale
Listed: 05/21/24

1374 Clove Road, New York, NY 10301, USA

Studio Bed:
4 Bath:
Price
$ 2M
Sold

About This House

: Attention investors! Pick up this 6 unit mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYC dept of buildings). First level was formerly comprised of 2 residential apartments (1- 1 bedroom unit and 1-2 bedrooms unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office use. 3 of 6 units currently leased with 2% increases built in, Potential gross annual income is$156, 000.Gross annual expenses$42, 000. NOIis potentially$114, 000.Located minutes from restaurants, express and local buses and shopping.

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