Courtesy of: Siu Lun (Allen)Tang, Re/Max Real Estate Professiona, agentallentang@gmail.com
Courtesy of: Siu Lun (Allen)Tang, Re/Max Real Estate Professiona, agentallentang@gmail.com
$1,950,000
|
12 bed
|
|
11,400 square feet
|
|
8.00 Bath (8 Full)
|
|
Lot: 0.09 Acres
|
|
Other
|
$1,950,000
2 Decker Avenue 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.
Courtesy of: Siu Lun (Allen)Tang, Re/Max Real Estate Professiona, agentallentang@gmail.com
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.