54-58 Van Riper Street, Staten Island, NY 10302
New Listing
$1,299,900
Property Type:
MultiFamily
Bedrooms:
12
Baths:
4
Square Footage:
3,472
Lot Size (sq. ft.):
8,888
Status:
Active
Current Price:
$1,299,900
List Date:
5/05/2026
Last Modified:
5/05/2026
Overview
Description
...
(Read more)
Prime Four-Unit Investment with Expansion Potential - Port Richmond, Staten Island Rare opportunity to acquire two detached two-family buildings on an oversized 88 x 101 lot in the highly accessible Port Richmond section of Staten Island. Ideally positioned near major shopping corridors, public transportation, and key highway and bridge access points, this property is well-suited for both immediate cash flow and long-term value creation. Each building features two spacious five-room apartments, currently configured as 2-bedroom units with the potential for 3-bedroom layouts. Additional value is supported by full basements and walk-up attics, offering storage or future conversion possibilities. Projected gross annual income ranges from approximately 127,200 to 168,000, with estimated net income between 104,841 and 145,741 depending on final unit configuration—delivering an attractive projected cap rate between 7 and 10. Situated on a C2-1, R3-2, and R3A zoned lot, this property presents a compelling opportunity for expansion or redevelopment. With proper architectural planning, investors may unlock additional unit density and significantly increase overall returns. Property is being sold as-is and will be delivered fully vacant at closing, providing a clean slate for repositioning, renovation, or redevelopment.
Listing Details MLS# 2602257
AddressLegal
- Street No.
- 54-58
- Street Name
- Van Riper
- Street Suffix
- Street
- County
- Richmond
- State
- NY
- Zip Code
- 10302
- Area Name
- Port Richmond
- Parcel ID
- 01140 - 76, 79
ContractLocation Information
- Marketing/Listing Date
- 2026-05-05
- Sub-Type
- Quadruplex
- Zoning
- C2-1-R3A
- Block
- 01140
- Lot
- 0076
General Property Info
- Stories
- 2
- Full Baths
- 4
- Total Baths
- 4
- Year Built
- 1930
- Year Built Info
- Approx
- Taxes
- 10259
- Tax Abated
- No
- Lot Size SqFt
- 8888
- Lot Dim
- 88x101
- Irregular
- No
- Building SqFt
- 3472
- # Units
- 4
- Pool Y/N
- No
- No. of Heating Units
- 5
- Air Conditioner
- Units
- # of A/C Units
- 2
- Public Remarks
- Prime Four-Unit Investment with Expansion Potential - Port Richmond, Staten Island Rare opportunity to acquire two detached two-family buildings on an oversized 88 x 101 lot in the highly accessible Port Richmond section of Staten Island. Ideally positioned near major shopping corridors, public transportation, and key highway and bridge access points, this property is well-suited for both immediate cash flow and long-term value creation. Each building features two spacious five-room apartments, currently configured as 2-bedroom units with the potential for 3-bedroom layouts. Additional value is supported by full basements and walk-up attics, offering storage or future conversion possibilities. Projected gross annual income ranges from approximately 127,200 to 168,000, with estimated net income between 104,841 and 145,741 depending on final unit configuration—delivering an attractive projected cap rate between 7 and 10. Situated on a C2-1, R3-2, and R3A zoned lot, this property presents a compelling opportunity for expansion or redevelopment. With proper architectural planning, investors may unlock additional unit density and significantly increase overall returns. Property is being sold as-is and will be delivered fully vacant at closing, providing a clean slate for repositioning, renovation, or redevelopment.
- HOA YN
- No
- 3/4 Baths
- 0
- Half Baths
- 0
- Rent Control # of Units
- 0
- Rent Stabilized # Units
- 0
Unit 1
- Unit 1 - Basement Unit YN
- Yes
- Unit 1 - Rent/Month
- 2600
- Unit 1 Leased?
- No
- Unit 1 - # Rooms
- 5
- Unit 1 - # Bedrooms
- 2
- Unit 1 - # Baths
- Yes
- Unit 1 - Full Baths
- Yes
- Unit 1 - Remarks
- Using 3rd bedroom as a dining room
- Unit 1 - Stove
- Yes
Unit 2
- Unit 2 - Basement Unit YN
- No
- Unit 2 - Level
- 2
- Unit 2 - Rent/Month
- 2500
- Unit 2 Leased?
- No
- Unit 2 - # Rooms
- 5
- Unit 2 - # Bedrooms
- 3
- Unit 2 - # Baths
- Yes
- Unit 2 - Full Baths
- Yes
- Unit 2 - Stove
- Yes
Unit 3
- Unit 3 - Basement Unit YN
- Yes
- Unit 3 - Rent/Month
- 2500
- Unit 3 Leased?
- No
- Unit 3 - # Rooms
- 5
- Unit 3 - # Bedrooms
- 3
- Unit 3 - # Baths
- Yes
- Unit 3 - Full Baths
- Yes
- Unit 3 - Stove
- Yes
More Information
Unit 4
- Unit 4 - Basement Unit YN
- No
- Unit 4 - Level
- 2
- Unit 4 - Rent/Month
- 2500
- Unit 4 Leased?
- No
- Unit 4 - # Rooms
- 5
- Unit 4 - # Bedrooms
- 3
- Unit 4 - # Baths
- Yes
- Unit 4 - Full Baths
- Yes
- Unit 4 - Stove
- Yes
Appliances
- Total # Ranges
- 4
Address/Legal
- Section
- North Shore
- Country
- United States
Contract/Location Information
- List Price/SqFt
- 374.4
- CofO
- Yes
- List Type
- Exclusive Right To Sell
- REO
- No
- Owner Finance
- No
Sewer
- Public Sewer
- Yes
Income & Expenses
- Gross Income
- 127200
- Total Actual Rent
- 0
- Net Income
- 104941
- Insurance Expense
- 6000
- Total Expense
- 22259
- Cap Rate
- 7
- New Taxes Expense
- 10259
- Water Expense
- 6000
Architectural Style
- Colonial
- Yes
Electric
- 110
- Yes
Levels
- Two
- Yes
Structure Type
- Duplex
- Yes
Heat Source
- Natural Gas
- Yes
Heat System
- Hot Water
- Yes
Kitchen
- Eat In
- Yes
Living Room
- Combination
- Yes
Electric Meters
- Individual
- Yes
Main Bath
- Full Bath
- Yes
Gas Meters
- Individual
- Yes
Basement
- Full
- Yes
- Unfinished
- Yes
Parking
- Off Street
- Yes
- On Street
- Yes
Garage Location
- None
- Yes
Siding
- Stucco
- Yes
Yard
- Back Yard
- Yes
- Front Yard
- Yes
- Side
- Yes
Fencing
- Back Yard
- Yes
- Chain Link
- Yes
Property Condition
- Good
- Yes
Property Features
Unit 1:
Unit 1 - Stove
Unit 2:
Unit 2 - Stove
Unit 3:
Unit 3 - Stove
Unit 4:
Unit 4 - Stove
Kitchen:
Eat In
Electric Meters:
Individual
Living Room:
Combination
Architectural Style:
Colonial
Levels:
Two
Structure Type:
Duplex
Gas Meters:
Individual
Main Bath:
Full Bath
Sewer:
Public Sewer
Electric:
110
Basement:
Full; Unfinished
Parking:
Off Street; On Street
Garage Location:
None
Yard:
Back Yard; Front Yard; Side
Fencing:
Back Yard; Chain Link
Siding:
Stucco
Heat Source:
Natural Gas
Heat System:
Hot Water
Property Condition:
Good
Listing Courtesy of
Martino Realty Group
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.
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