34 Broad St, Staten Island, NY 10304

Price Reduced! Great opportunity for anybody looking to invest! All tenants on month to month leases 1fl -1,400 2nd fl -1,800 3rd fl -VACANT-Can rent for top dollar Bsmt -700 for storage Taxes 400 a month Electric 50 a month Water 100 a month Insurance 250 a month 70,800 annual income 9,600 annual expenses Net income 61,200 (6 pct cap rate) Building is in excellent condition. Renovated within the last 7 years. Excellent tenants on month to month lease. Once apartments are vacated in the future, you can rent each unit for much more which can bring your cap rate to 12 pct or net income of around 100,000 AFTER expenses!