238 York Avenue, Staten Island, NY, 10301

I am pleased to present an opportunity to acquire 238 York Avenue, a multifamily asset that generates stable income, situated in Staten Island’s North Shore. This market is rapidly evolving and benefiting from significant public and private infrastructure investments.
The property features a 6.61 in-place cap rate and a 7.37 pro-forma cap rate, which ensures robust cash flow from the start, along with potential for future appreciation. Investors have the opportunity to enhance NOI and maximize returns through operational efficiencies and incremental rent adjustments.