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25 Sherman Ave 25 Unit Apartment Building $4,798,675 CAD ($191,947 CAD/Unit) 6.10% Cap Rate Staten Island, NY 10301
Investment Highlights
- Income producing property
Executive Summary
Prime invest opportunity. Virtual video attached. 25 residential apartments.
Brochure attached with floor plan, apartment mix, and rental info/ financials.
Brochure attached with floor plan, apartment mix, and rental info/ financials.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$549,277
|
$22.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$549,277
|
$22.01
|
| Taxes |
$102,128
|
$4.09
|
| Operating Expenses |
$153,526
|
$6.15
|
| Total Expenses |
$255,654
|
$10.24
|
| Net Operating Income |
$293,623
|
$11.76
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $549,277 |
| Annual Per SF | $22.01 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $549,277 |
| Annual Per SF | $22.01 |
| Taxes (CAD) | |
|---|---|
| Annual | $102,128 |
| Annual Per SF | $4.09 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $153,526 |
| Annual Per SF | $6.15 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $255,654 |
| Annual Per SF | $10.24 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $293,623 |
| Annual Per SF | $11.76 |
Property Facts Under Contract
| Price | $4,798,675 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $191,947 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 6.10% | Building Size | 24,960 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 99% |
| No. Units | 25 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R3A - areas for low-density residential development, specifically allowing single-family or two-family detached or zero-lot-line houses | ||
| Price | $4,798,675 CAD |
| Price Per Unit | $191,947 CAD |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| Sale Condition | 1031 Exchange |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.35 AC |
| Building Size | 24,960 SF |
| Average Occupancy | 99% |
| No. Stories | 4 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | R3A - areas for low-density residential development, specifically allowing single-family or two-family detached or zero-lot-line houses |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Intercom
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 3 | - | - |
| 2+1 | 10 | - | - |
| 1+1 | 12 | - | - |
1 1
Transit Score®
Excellent Transit (78)
Property Taxes
| Parcel Number | 00026-0013 | Total Assessment | $863,459 CAD (2025) |
| Land Assessment | $423,180 CAD (2025) | Annual Taxes | $102,128 CAD ($4.09 CAD/SF) |
| Improvements Assessment | $440,279 CAD (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
00026-0013
Land Assessment
$423,180 CAD (2025)
Improvements Assessment
$440,279 CAD (2025)
Total Assessment
$863,459 CAD (2025)
Annual Taxes
$102,128 CAD ($4.09 CAD/SF)
Tax Year
2023
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
25 Sherman Ave
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