Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Advantage

54-58 Van Riper Street, 
Staten Island, NY 10302

$1,350,000


12

Beds


4

Baths


3,472

Sq Ft


Multi-Family

Sold

Listed by

Dawn M Nasella

Martino Realty Group

718-608-9400

MLS#

2602257

Source:

NY SIBOR

Sorry, we are unable to map this address

About This Home

54-58 Van Riper Street

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.

Home Facts

Multi-Family

4 Baths

12 Bedrooms

Built in 1930

Price Summary

1,299,900

$374 per Sq. Ft.

MLS #:

2602257

Sold:

June 22, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,472 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial

Building Area:

3,472 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

8,888


Finances & Disclosures

Finances

Price:

$1,299,900

Price per Sq. Ft:

$374 per Sq. Ft.

Source:NY SIBOR
This information has been obtained from sources believed to be reliable, but no representations or warranties, expressed or implied, as to the accuracy of the information are being made by Ithaca Board of REALTORS® or Coldwell Banker Advantage. Anyone using this information without independently verifying its accuracy bears all risk for any inaccuracies.