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54-58 Van Riper Street, Staten Island, NY 10302 (MLS# 2602257)

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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

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 pr ...

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.