Attention Investors! Pick up this 6 united mixed use building at just under a 5 CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office used. 3 of 6 units currently leased with 2 increases built in, Potential gross annual income is 156,000. Gross annual expenses 42,000. NOI is potentially 114,000. Located minutes from restaurants,express and local buses and shopping. https://www.dos.ny.gov/licensing/docs/FairHousingNoticenew.pdf
Multi-familyProperty Type
1964Year Built
5,247 sq ftLot Size
$311Est. Price/Sq.Ft.
Listing by Angelo Pappalardo• Century 21 Papp Realty
Bought with Joyce Patafio• M Donato & Co. Real Estate
Listing by Berkshire Hathaway HomeService Cangiano Estates
See all
Provided by Redfin
Sale history for 1368 -1372 Clove Rd
Date
Event
Price
SIBORMLS #2402836
Apr 28, 2025
Sold
$1,635,000
$318/sq ft
Feb 27, 2025
Contingent
—
Dec 2, 2024
Relisted
—
Nov 29, 2024
Listing Removed
—
Oct 21, 2024
Price Changed
$1,799,888
$350/sq ft
May 18, 2024
Listed
$1,999,900
$388/sq ft
SIBORMLS #1165644
Apr 13, 2024
Listing Removed
—
Mar 26, 2024
Price Changed
$2,190,000
$425/sq ft
Nov 27, 2023
Listed
$2,290,000
$445/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
63 ft.
Lot depth
83 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Richmond County
APN
655-15
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 29, 2023.
R3X
Low-Density Contextual Residence District
R3X contextual districts, mapped extensively in lower-density neighborhoods, such as Forest Hills in Queens and Prince's Bay and Westerleigh in Staten Island, permit only one- and two-family detached homes on lots that must be at least 35 feet wide. The 0.5 floor area ratio (FAR) in R3X districts may be increased by an attic allowance of up to 20 percent for the inclusion of space beneath a pitched roof. The perimeter wall may rise to 21 feet before sloping or being set back to a maximum building height of 35 feet. The amount of required open space on a lot is governed by yard requirements. Two side yards that total at least 10 feet are required and there must be a minimum distance of eight feet between houses on adjacent lots. The front yard of a new home must be at least 10 feet deep and, to promote a unified streetscape, it must be at least as deep as an adjacent front yard but need not exceed a depth of 20 feet. An in-house garage is permitted within the building provided the driveway is at least 18 feet deep. One off-street parking space is required for each dwelling unit.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Housing-Other
Educational / school
Library
Museum / gallery
Golf related
Cemetery
Park & open space
Property details
Parking
Parking Information
Attached Garage: No
Parking Features: Assigned, On Street
Interior
Virtual Tour Information
Bathroom Information
# of Bathrooms (Full): 4
# of Bathrooms (Total Integer): 4
Basement Information
Basement Type: Full
Interior Features
Air Conditioner: Units
Multi-Family Information
#Of Units Total: 4
Unit 1 Information
Rooms: 6
Bedrooms: 2
Baths: 1
Level: 0
Rent Month: $2,500
Unit 2 Information
Rooms: 6
Bedrooms: 3
Baths: 2
Level: 0
Rent Month: $2,500
Unit 3 Information
Rooms: 5
Bedrooms: 1
Baths: 1
Level: 1
Rent Month: $2,250
Unit 4 Information
Rooms: 5
Bedrooms: 2
Baths: 1
Level: 1
Rent Month: $2,250
Unit 5 Information
Rooms: 5
Bedrooms: 2
Baths: 1
Level: 2
Rent Month: $2,000
Unit 6 Information
Rooms: 4
Bedrooms: 1
Baths: 1
Level: 2
Rent Month: $1,600
Exterior
Property Information
Property Sub Type: 6F
Year Built Details: Approx
Construction Materials: Brick, Stucco
Stories: 3
Building Area Total: 5,148
Lot Information
Lot Size Acres: 0.12
Lot Size Square Feet: 5,247
Lot Size Dimensions: 39.5 x 44
Zoning: R3X
Financial
Tax Information
Tax Annual Amount: $20,360
Parcel Number: 00655-0015
Utilities
Heating & Cooling
Has Cooling
Has Heating
Heating: Hot Water, Natural Gas
Utility Information
Electric: 220 Volts
Sewer: City
Location
Location Information
Directions: Clove Rd between Sunnyside Terr and Shoharie St
Unparsed Address: 1368 -1372 Clove Road, Staten Island, NY 10301
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Richmond County
APN: 655-15
Home facts updated by county records on Nov 29, 2023
Other
Listing Date Information
Price Change Timestamp: Monday, October 21, 2024 8:28 PM
Listing Price Information
Previous List Price: $1,999,900
Around this home
Schools
PS 35 The Clove Valley School
Public K-5 • Assigned • 0.1mi
10/10
IS 27 Anning S Prall
Public 6-8 • Assigned • 1.3mi
5/10
Curtis High School
Public 9-12 • Assigned • 2.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Staten Island, NY • 10301
Average low and high temperatures (°F)
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Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.