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435 Cromwell Avenue, Staten Island, NY 10305 (MLS# 2501108)

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435 Cromwell Avenue, Staten Island, NY 10305

$1,320,000
Property Type: MultiFamily Bedrooms: 8 Square Footage: 3,584 Lot Size (sq. ft.): 5,202 Status: Closed
Current Price: $1,320,000 List Date: 3/03/2025 Last Modified: 1/30/2026

Overview

Description

Discover a rare 3-family investment The cap rate for this property is approximately 9.62 Prime location next to Staten Island Hospital! 10 minutes from Verrazano bridge ! This unique property is set on a generous lot and features two fully detached homes with separate addresses on one deed—a fantastic chance for investors or owner-occupants. The first building is a legal all-brick, two-family home boasting a high-ceiling finished basement and a new heating system. Each floor offers three spacious bedrooms Full finished basement with Half bathroom ensuring excellent income potential estimated future rental 8,800 private driveway fits up to 8 cars ! The second building at 275 Mason Ave private house features 2 bedrooms, 1 bathroom have its own driveway estimated future rental 3000 No flood insurance is required! Parking access from Cromwell ave and Mason ave, access from all corners. Total potential future income estimate 11,800 Don't miss this exceptional investment opportunity acros ...

Listing Details MLS# 2501108

AddressLegal

Street No.
435
Street Name
Cromwell
Street Suffix
Avenue
County
Richmond
State
NY
Zip Code
10305
Area Name
Old Town
Parcel ID
03377-0001

ContractLocation Information

Marketing/Listing Date
2025-02-28
Sub-Type
Triplex
Zoning
R3-1
Block
03377
Lot
0001

General Property Info

Stories
2
Full Baths
3
3/4 Baths
3
Year Built
1930
Year Built Info
Approx
Taxes
4856.76
Tax Abated
No
Lot Size SqFt
5202
Lot Dim
42x100
Building SqFt
3584
# Units
3
Garage Capacity
Yes
No. of Heating Units
3
Air Conditioner
Units
Public Remarks
Discover a rare 3-family investment The cap rate for this property is approximately 9.62 Prime location next to Staten Island Hospital! 10 minutes from Verrazano bridge ! This unique property is set on a generous lot and features two fully detached homes with separate addresses on one deed—a fantastic chance for investors or owner-occupants. The first building is a legal all-brick, two-family home boasting a high-ceiling finished basement and a new heating system. Each floor offers three spacious bedrooms Full finished basement with Half bathroom ensuring excellent income potential estimated future rental 8,800 private driveway fits up to 8 cars ! The second building at 275 Mason Ave private house features 2 bedrooms, 1 bathroom have its own driveway estimated future rental 3000 No flood insurance is required! Parking access from Cromwell ave and Mason ave, access from all corners. Total potential future income estimate 11,800 Don't miss this exceptional investment opportunity across the street from staten island hospital !

Status Change Info

Pending Date
2025-03-26
Sold Date
2025-04-24
Projected Close Date
2025-04-30

Unit 1

Unit 1 - Level
Yes
Unit 1 - Rent/Month
3500
Unit 1 - # Rooms
6
Unit 1 - # Bedrooms
3
Unit 1 - # Baths
Yes

Unit 2

Unit 2 - Level
2
Unit 2 - # Rooms
6
Unit 2 - # Bedrooms
3

More Information

Unit 3

Unit 3 - Level
Yes
Unit 3 - Rent/Month
1500
Unit 3 - # Rooms
5
Unit 3 - # Bedrooms
2
Unit 3 - # Baths
Yes

Appliances

Total # Dishwashers
Yes
Total # Refrigerators
2

Address/Legal

Section
Mid-Island
Country
United States

Contract/Location Information

List Price/SqFt
387.56
CofO
No
List Type
Exclusive Right To Sell
Owner Finance
No

Sewer

Public Sewer
Yes

Income & Expenses

Gross Income
122400
Net Income
114344
Total Expense
8056

Electric

220
Yes

Heat Source

Natural Gas
Yes

Heat System

Hot Water
Yes

Electric Meters

Individual
Yes

Gas Meters

Individual
Yes

Basement

Other
Yes

Parking

Assigned
Yes

Garage Location

Attached
Yes

Siding

Brick
Yes

Extras

Storage
Yes

Property Condition

Good
Yes

Property Features

Electric Meters: Individual Gas Meters: Individual Sewer: Public Sewer Electric: 220 Basement: Other Parking: Assigned Garage Location: Attached Siding: Brick Extras: Storage Heat Source: Natural Gas Heat System: Hot Water Property Condition: Good

Documents

Listing Courtesy of Homes R Us Realty of NY, Inc.
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.