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40 Hancock ST Staten Island, NY 10305

9 Beds

8 Baths

3,840 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $468

MLS Listing ID 2600609

Bedrooms 9

Full Baths 4

Three Quarter Bath 4

Construction Status Excellent

HOA Y/N No

Year Built 1931

Annual Tax Amount $22,942

Lot Size 3,496 Sqft

Acres 0.08

Lot Dimensions 34x100

Property Sub-Type Quadruplex

Source Staten Island Multiple Listing Service

Property Description

4-FAMILY! SEPARATE UTILITIES! COMMERCIAL OVERLAY! SELLER FINANCING AVAILABLE! Great investment opportunity! Located in the desirable Dongan Hills community very near the Staten Island Railroad, Dongan Hills Station. This very well kept 4 family building features 4 gas meters, 5 electric meters, 5 heating systems, and 4 domestic hot water heaters. Each of the four apartments have 2 bedrooms, a living room, an eat-in kitchen and a full bathroom. The two front units are 980 sq ft and the two rear units are 1080 sq ft. There is the potential for expanding the two rear apartments to 3 bedrooms. There is a four car garage on the ground floor that could be converted for commercial business use. Each apartment (except the owner occupied unit which can be rented at the same rate) is currently rented at 2500 dollars/month. Net Operating Income calculates to a 5+ percentage CAP rate. Rare opportunity for seller financing. In addition to the nearby SIR, there are numerous local and express bus lines nearby (S78, S79, SIM1, SIM1C, SIM7, SIM10 and SIM11). Location is also convenient to the Hylan Blvd retail district. Recent Upgrades include: new roof coating (done annually), kitchen upgrades (first floor front unit & second floor front unit - 2023, first floor rear unit upgraded in 2015 and second floor rear unit in 2018), new hot water heaters (2023), new stucco exterior for added insulation. Home automation features are automatic garage door openers and a comprehensive internet based security system (14 cameras). City of Yes Opportunity: There is a separate spacious apartment in the basement, with it's own entrance, not currently rented, with a kitchen, a living room, a 3/4 bathroom and a bedroom.

Location

State NY

County Richmond

Area Dongan Hills-Above Hylan

Zoning R3-2 / C1

Rooms

Basement Finished, Full

Interior

Interior Features Ceiling Fan(s)

Heating Natural Gas, Hot Water

Cooling Units

Exterior

Parking Features Garage Door Opener, Off Street

Garage Spaces 4.0

Total Parking Spaces 4

Building

Lot Description Front Yard, Back Yard

Sewer Public Sewer

Structure Type Brick,Stucco

New Construction No

Construction Status Excellent

Others

Tax ID 03341-0008

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Listed ByTom Crimmins Realty, Ltd.

Joseph Scuteri

N.Y.S. Licensed Real Estate Salesperson | License ID: 40SC1091719

+1(917) 597-2706

40 Hancock ST Staten Island, NY 10305

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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40 Hancock ST