NY
Richmond (Staten Island)
Staten Island
10310
361-363 Broadway
361-363 Broadway, Staten Island, NY 10310
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Listing Type
Multi Family
Listing Status
active
9
$1,350,000

Home Details for 361-363 Broadway

Price
$1,350,000
Type
Residential Income
Bedrooms
10
Bathrooms
4.0
Square feet
NaN
Year built
1931
County
Richmond (Staten Island)
Garage
1
Days on site
129
MLS Listing#
863532
Property Description

This investment property presents a compelling opportunity for real estate investors, particularly those considering a 1031 exchange. Property Overview Type: 4-family residence with 2 commercial spaces and a detached garage. Condition: Sold AS IS, with existing tenants in place. CASH OFFERS ONLY. Potential Rental Income Three-bedroom units: 2,800-3,000/month. Two-bedroom units: 2,300-2,500/month. Commercial spaces: 1,500-1,800/month each. 1031 Exchange Considerations This property qualifies for a 1031 exchange, allowing investors to defer capital gains taxes by reinvesting the proceeds into a like-kind property within specific timelines. The IRS mandates that the replacement property be identified within 45 days and acquired within 180 days of the sale. Both the relinquished and replacement properties must be held for investment or business purposes to qualify. Needs 24 hour notice for showings.

Property Features
  • Heating Information
    • Hot Water
    • Other
  • Utilities
    • Natural Gas Available
    • Cable Available
  • Cooling Information
    • None
  • Water Features
    • Public
  • House Interior
    • Other
Listing Courtesy: Neuhaus Realty Inc - 718-979-3400
Presented by: David Rivera
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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8911 Glenwood Rd, Brooklyn, NY 11236
Office
718 345 4545
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