Listed price in listed location currency (USD).
$1,950,000

1280

MLS® 505072

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 11400 sqft
Garage 
Taxes $34,000
Days Active 1
Lot Size 3800 SF
Approx. Age 1931
Avg. Price Per Sqft $171
MLS® Number 505072

Property Address: 2 Decker Ave, Staten Island, NY, 10302-2112

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number505072
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1931
BasementFull
Driveway
Garage Spaces
HeatSteam/Radiator, Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 5, 2026List Date
$1,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
2 Decker Ave, Staten Island, NY

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