2 Decker Avenue, Staten Island, NY 10302
Local realty services provided by:ERA Top Service Realty
2 Decker Avenue,Staten Island, NY 10302
$1,950,000
- 12 Beds
- 8 Baths
- 11,400 sq. ft.
- Multi-family
- Active
Listed by: siu lun (allen)tang, li juan (lili) li
Office: re/max real estate professiona
MLS#:505072
Source:BROOKLYN
Price summary
- Price:$1,950,000
- Price per sq. ft.:$171.05
About this home
Prime 8 Family Investment Opportunity. 100% Leased Turn-Key Asset with Cap Rate / ROI: Over 7%. Gross Annual Income: $217,176. An exceptionally stable, high-yield mixed-use property in a high-demand Staten Island location. Built on a commanding 38’ x 100’ footprint spanning 11,400 sq. ft., this fully brick, low-maintenance building is 100% occupied and features a perfectly balanced mix of multi-family housing and long-term retail anchors. Guaranteed Multi-Family Income: 8 fully leased, rent-stabilized apartments (4 two-bedroom and 4 one-bedroom units) providing exceptional tenant retention and legal, predictable rent rolls • Anchored • 100% Inflation-Protected Compound Growth: Highly rare lease structures where every single residential and commercial tenant in the building has a built-in 3% annual rent escalation clause, guaranteeing compound revenue growth across the entire asset • Strong Net Financials: Gross Income of $217,176/year against low operating expenses of $62,600/year (Taxes: $34k, Utilities/Ins/Maint: $28.6k). Situated on a high-visibility corner with excellent foot traffic, immediate transit access, and strong neighborhood demographics, this turn-key asset is an ideal fit for 1031 exchange buyers or portfolio expansion....
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Home facts
- Year built:1931
- Listing ID #:505072
- Added:1 day(s) ago
- Updated:October 05, 2026 at 06:53 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Full bathrooms:8
- Flooring:Hardwood, Tile
- Bathrooms Description:4 Bathroom(s) on Level 2, 4 Bathroom(s) on Level 3
- Bedroom Description:6 Bedroom(s) on Level 2, 6 Bedroom(s) on Level 3
- Basement Description:Full
- Living area:11,400 sq. ft.
Heating and cooling
- Heating:Gas, Steam/Radiator
Structure and exterior
- Roof:Flat
- Year built:1931
- Building area:11,400 sq. ft.
- Lot area:0.09 Acres
- Construction Materials:Brick
- Foundation Description:Poured Concrete
- Levels:3 Stories
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$171.05
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