Unique Investment! With nearly 8% cap rate this is the perfect investment property or a great place to set up shop in Silver Lake! 3 units total (1 commercial & 2 residential rental units). 5 parking spots on site. Retail commercial office on ground floor with additional loft office and 1/2 bath. 2nd floor: 3 bedroom rental unit. 3rd floor: 3 rental bedroom unit. Garage in rear as well as a small backyard area. Walking distance to Silver Lake Park and close to public transportation, Staten Island Ferry, Verrazzano Bridge. Residential tenants currently in place. Commercial space delivered vacant.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.