$ 1,350,000
-
$1,350,000
Price -
10
Bed -
4
Bath -
0
SqFt
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About the Listing NHSR01 - 218415
This investment property presents a compelling opportunity for real estate investors, particularly those considering a 1031 exchange. Property Overview Type: 4-family residence with 2 commercial spaces and a detached garage. Condition: Sold AS IS, with existing tenants in place. CASH OFFERS ONLY. Potential Rental Income Three-bedroom units: 2,800-3,000/month. Two-bedroom units: 2,300-2,500/month. Commercial spaces: 1,500-1,800/month each. 1031 Exchange Considerations This property qualifies for a 1031 exchange, allowing investors to defer capital gains taxes by reinvesting the proceeds into a like-kind property within specific timelines. The IRS mandates that the replacement property be identified within 45 days and acquired within 180 days of the sale. Both the relinquished and replacement properties must be held for investment or business purposes to qualify. Needs 24 hour notice for showings.
Listing Highlights for 361-363 Broadway
Interior Details
- Bedrooms: 10
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: 1 car
- Lot Dimensions: 50' x 100'
- Roof:
- Others: Estimated
- Sewer: Public Sewer
Financial Details
- Tax Amount: $8,800
- Taxes w/Assessments: N/A
- Tax/Property ID: 00180-0011
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
361-363 Broadway Staten Island, NY 10310
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