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80 Scarboro Ave
Staten Island, NY 10305
Harborview Apartments · Multifamily Property For Sale
·
102 Units


Investment Highlights
- Situated in the Shore Acres / Rosebank area of Staten Island, directly along the New York Harbor with views of Manhattan and the waterfront.
- Minutes from Verrazzano-Narrows Bridge, Staten Island Ferry access, and Alice Austen Park.
Executive Summary
This newly constructed five-story premium investment property is situated by the picturesque Hudson River with convenient transportation and a direct view of Manhattan across the river. It is close to ferries heading to Manhattan and Brooklyn, and just a few minutes' drive from the Verrazano Bridge. The building features a red brick exterior, modern and spacious interiors, and underground parking, with additional outdoor parking spaces available for visitors. Each unit is equipped with washer hookups. The practical layouts are currently fully leased, offering strong competitive potential in the market. Additionally, the property benefits from a 35-year tax abatement, providing investors with an advantageous opportunity to recoup costs and achieve profitability sooner.
Property Facts
| Price Per Unit | $631,141 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.81 AC |
| Cap Rate | 5.07% | Building Size | 74,260 SF |
| No. Units | 102 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2024 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.14/1,000 SF |
| Zoning | R4 - R4 districts allow all types of housing at a slightly higher density than permitted in R3-2 | ||
| Price Per Unit | $631,141 CAD |
| Sale Type | Investment |
| Cap Rate | 5.07% |
| No. Units | 102 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.81 AC |
| Building Size | 74,260 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2024 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | R4 - R4 districts allow all types of housing at a slightly higher density than permitted in R3-2 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Hardwood Floors
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 28 | - | 600 |
| 2+1 | 71 | - | 800 |
| 3+1 | 3 | - | 1,000 |
Property Taxes
| Parcel Number | 02832-0140 | Improvements Assessment | $6,354,769 CAD |
| Land Assessment | $1,939,715 CAD | Total Assessment | $8,294,484 CAD |
Property Taxes
Parcel Number
02832-0140
Land Assessment
$1,939,715 CAD
Improvements Assessment
$6,354,769 CAD
Total Assessment
$8,294,484 CAD
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