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25 Sherman Ave 25 Unit Apartment Building $4,845,750 CAD ($193,830 CAD/Unit) 6.10% Cap Rate Staten Island, NY 10301

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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.

25 Sherman Avenue

FINANCIAL SUMMARY (ACTUAL - 2023)	ANNUAL (CAD)	ANNUAL PER SF (CAD)
Gross Rental Income	$554,665	$22.22
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$554,665	$22.22
Taxes	$103,130	$4.13
Operating Expenses	$155,032	$6.21
Total Expenses	$258,162	$10.34
Net Operating Income	$296,503	$11.88

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual	$554,665
Annual Per SF	$22.22

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$554,665
Annual Per SF	$22.22

Taxes (CAD)
Annual	$103,130
Annual Per SF	$4.13

Operating Expenses (CAD)
Annual	$155,032
Annual Per SF	$6.21

Total Expenses (CAD)
Annual	$258,162
Annual Per SF	$10.34

Net Operating Income (CAD)
Annual	$296,503
Annual Per SF	$11.88

PROPERTY FACTS Under Contract

Price	$4,845,750 CAD	Apartment Style	Mid-Rise
Price Per Unit	$193,830 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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R3A - areas for low-density residential development, specifically allowing single-family or two-family detached or zero-lot-line houses

Price	$4,845,750 CAD
Price Per Unit	$193,830 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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R3A - areas for low-density residential development, specifically allowing single-family or two-family detached or zero-lot-line houses

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 (79)

What is a Walk Score®, Transit Score® & Bike Score®?

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Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	00026-0013	Total Assessment	$880,957 CAD (2025)
Land Assessment	$431,756 CAD (2025)	Annual Taxes	$103,130 CAD ($4.13 CAD/SF)
Improvements Assessment	$449,201 CAD (2025)	Tax Year	2023