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.
Property Details
Price:
$1,950,000
MLS #:
505072
Status:
Active
Beds:
12
Baths:
0
Type:
Multi Family
Subtype:
Multi-Family
Borough:
Staten Island
Neighborhood:
portrichmond
Listed Date:
Oct 9, 2026
Finished Sq Ft:
11,400
Year Built:
1931
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address2 Decker Avenue Staten Island NY
- NeighborhoodPort Richmond
- CityStaten Island
- CountyStaten Island
- Zip Code10302
Market Summary
Current real estate data for Multi Family in Staten Island as of Oct 20, 2026
79
Multi Family Listed
71
Avg DOM
443
Avg $ / SqFt
$1,257,375
Avg List Price
Property Summary
- 2 Decker Avenue Staten Island NY is a Multi Family for sale in Staten Island, NY, 10302. It is listed for $1,950,000
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