- For Sale $1,950,000
- Property Type Multi-Family
- Property Size 3,800 SF
- Lot Size 0.09 Acre
- Year Built 1931
- Date Updated Oct 23, 2026
Description
Prime 8 Family Investment Opportunity. 100% Leased Turn-Key Asset with Cap Rate / ROI: Over 7%. Gross Annual Income: $217,176. An exceptionally stable, high-yield mixed-use property in a high-demand Staten Island location. Built on a commanding 38 x 100 footprint spanning 11,400 sq. ft., this fully brick, low-maintenance building is 100% occupied and features a perfectly balanced mix of multi-family housing and long-term retail anchors. Guaranteed Multi-Family Income: 8 fully leased, rent-stabilized apartments (4 two-bedroom and 4 one-bedroom units) providing exceptional tenant retention and legal, predictable rent rolls Anchored 100% Inflation-Protected Compound Growth: Highly rare lease structures where every single residential and commercial tenant in the building has a built-in 3% annual rent escalation clause, guaranteeing compound revenue growth across the entire asset Strong Net Financials: Gross Income of $217,176/year against low operating expenses of $62,600/year (Taxes: $34k, Utilities/Ins/Maint: $28.6k). Situated on a high-visibility corner with excellent foot traffic, immediate transit access, and strong neighborhood demographics, this turn-key asset is an ideal fit for 1031 exchange buyers or portfolio expansion.
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Contacts
Siu Lun (Allen)Tang
RE/MAX Real Estate Professiona
Location
Located at 2 Decker, Staten Island, NY 10302, this property is part of the Elm Park neighborhood and Staten Island market.
Contact Listing Broker
Siu Lun (Allen)Tang
RE/MAX Real Estate Professiona