About 219-225 Broad Street
219-225 Broad Street is a mixed-use building in the vibrant and growing neighborhood of Stapleton. This asset offers an excellent investment opportunity with a blend of residential and commercial spaces, designed to cater perfectly to the Stapleton sub-market.
This property details:
1 x 2-bedroom apartment
2 x 5-bedroom apartments
Commercial Units: 2 commercial spaces
with ample parking available for residents and customers. Situated directly across the street from the largest residential community on Staten Island, the Stapleton Houses, which consists of 693 units, ensuring a steady stream of foot traffic for the commercial spaces. Just 1.6 miles from the Staten Island Ferry, offering a convenient commute to Manhattan. Surrounded by numerous new construction projects and neighborhood retail shops, adding to the area's appeal and growth potential. Financials: Projected Gross Annual Income: $209,000 Net Operating Income (NOI): $150,000 This property is a prime opportunity for investors looking to capitalize on the growing demand in Stapleton. Its strategic location, combined with a mix of residential and commercial units, promises both stability and growth
