About 386-388 Van Duzer Street
This six-unit multifamily property presents a compelling value-add investment in the rapidly developing Van Duzer corridor of Staten Island. With significant upside potential, this asset offers an opportunity to reposition the property and increase revenue through strategic rent Optimization. The pro forma cap rate of 10.27 highlights the strong investment potential, driven by under-market rents and operational efficiencies. With a targeted repositioning strategy, investors can unlock substantial NOI growth, enhancing both cash flow and long-term Appreciation. Located in a high-demand rental market, the property benefits from proximity to transportation, dining, and retail amenities, ensuring strong tenant demand. This is an ideal
opportunity for an investor seeking to maximize yield through a proven value-add strategy in an evolving submarket.
