For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $960,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,980 sqft
Price per Sqft $322
MLS Listing ID 2404377
Sold Date 01/30/25
Originating Board Staten Island Multiple Listing Service
Year Built 1899
Annual Tax Amount $3,193
Lot Size 3,267 Sqft
Acres 0.08
Lot Dimensions 33 x 90
Property Sub-Type Commercial
Property Description
Residential and commercial combination, this property features both residential units and a prime storefront, offering diversified income streams. High income potential with an effective gross income of over $97,000 annually, this property is a lucrative addition to any investment portfolio. Low operating costs with annual expenses at only $11,000, ensuring a high net operating income. Prime Location: Situated in the desirable West Brighton neighborhood, this property benefits from high foot traffic and a strong local community.
320 Broadway is a fantastic investment opportunity with its robust income potential and minimal expenses. Whether you're looking to expand your portfolio or make a strategic investment, this mixed-use property is an excellent choice.Effective Gross Income: $97,000+ annually. Annual Expenses: $11,000. NOI: $86,000+
Location
State NY
County Richmond
Area West Brighton
Zoning R3A
Interior
Heating Hot Water, Natural Gas
Exterior
Parking Features Street
Building
Story 3
Sewer City
Level or Stories 3
Structure Type Frame
New Construction No
Others
Tax ID 00207-0067
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716