Pending

54-58 Van Riper Street

Staten Island, NY 10302
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Bed 12

Bed

Bath 4

Bath

SqFt8,888

Sqft(Lot)

Prime Four-Unit Investment with Expansion Potential - Port Richmond, Staten Island Rare opportunity to acquire two detached two-family buildings on an oversized 88 x 101 lot in the highly accessible Port Richmond section of Staten Island. Ideally positioned near major shopping corridors, public transportation, and key highway and bridge access points, this property is well-suited for both immediate cash flow and long-term value creation. Each building features two spacious five-room apartments, currently configured as 2-bedroom units with the potential for 3-bedroom layouts. Additional value is supported by full basements and walk-up attics, offering storage or future conversion possibilities. Projected gross annual income ranges from approximately 127,200 to 168,000, with estimated net income between 104,841 and 145,741 depending on final unit configuration—delivering an attractive projected cap rate between 7 and 10. Situated on a C2-1, R3-2, and R3A zoned lot, this property presents a compelling opportunity for expansion or redevelopment. With proper architectural planning, investors may unlock additional unit density and significantly increase overall returns. Property is being sold as-is and will be delivered fully vacant at closing, providing a clean slate for repositioning, renovation, or redevelopment.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,299,900

AD Id : 77989859

MLS Id : 2602257

Beds : 12

Lot Size : 8,888 Sqft

Year Built : 1930

County : Richmond

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Hot Water Cooling: None

  • Building Information

    Year Built: 1930 Building Area Total: 3472 Construction Materials: Stucco Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 88x101 Main Square Feet: 8888 Square Feet Lot Size Acres: 0.2 Lot Size Square Feet: 8888 Lot Description: Front Yard, Back Yard

  • Listing Price Information

    Listing Price: $1299900

  • Tax Information

    Parcel Number: 01140 - 76, 79 Tax Lot: 0076 Tax Block: 01140 Annual Tax: $10259

  • Parking Information

    Off Street, On Street
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Staten Island Multiple Listing Service, Inc. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Staten Island Multiple Listing Service, Inc. All Rights Reserved.

ByOwner last updated this listing 06/20/2026 @ 12:26

MLS: 2602257 LISTED BY: Dawn Nasella, Martino Realty Group SOURCE: Staten Island Multiple Listing Service

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