76 Grove Avenue, Staten Island, NY 10302

Staten Island
Local realty services provided by:ERA Top Service Realty
76 Grove Avenue,Staten Island, NY 10302
$1,950,000
  • 12 Beds
  • 7 Baths
  • 3,780 sq. ft.
  • Multi-family
  • Active
Listed by: hanan abu zahriyeh, steven monterosso
Office: ditommaso real estate
MLS#:503384
Source:BROOKLYN

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$515.87

About this home

Exceptional Investment Opportunity - Port Richmond Detached six-family income-producing building in the heart of Port Richmond featuring 12 bedrooms, 7 bathrooms, a basement storage area, on-site property manager's quarters, and 4 off street parking spaces. A standout investment with a strong 8% cap rate, excellent rent roll, and an ideal opportunity for investors or a 1031 exchange buyer. GOI 176,400, AOE $22,000, NOI $150,000. Built in 1987, the property is exempt from New York City's Rent Stabilization Law and Lead Paint Law. Recent improvements include updated plumbing and electric systems. Tenants pay their own heat and hot water, helping reduce owner expenses. Additional features: Gas piping inspection completed in 2025 (required every 3 years). Current bed bug filing submitted. No HPD or Department of Buildings violations. 24 Hour Security. Well-maintained, turnkey investment property offering strong cash flow in a desirable Port Richmond location.

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Home facts

  • Year built:1987
  • Listing ID #:503384
  • Added:36 day(s) ago
  • Updated:September 04, 2026 at 01:00 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:7
  • Full bathrooms:7
  • Bedroom Description:4 Bedroom(s) on Level 1, 4 Bedroom(s) on Level 2, 4 Bedroom(s) on Level 3
  • Living area:3,780 sq. ft.

Heating and cooling

  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Flat
  • Year built:1987
  • Building area:3,780 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:Aluminium Siding, Brick
  • Foundation Description:Poured Concrete
  • Levels:3 Stories

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$515.87

Parking

  • Parking description:4 Spaces
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