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$1,350,000
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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.
Full Property Details
Full Property Details for 361-363 Broadway
General
- Price: $1,350,000
- Taxes: $8,800
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 863532
- Updated: 5/16/2025
- Added to Site: 280 day(s) ago
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 10
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Richmond (Staten Island)
- Cross Streets: Cary Avenue
- Driving Directions: Forest Avenue to Broadway - Use GPS Please!
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Other
- Heating Zones: 4
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Stucco
- Building Size: 6156
- Square Feet: 6,156
- Year Built: 1931
Lot Features
- Lot Size (Sq. Ft.): 5,000
- Lot Dimensions: 50' x 100'
Financial Considerations
- Tax Amount: $8,800
Disclosures and Reports
- Special Conditions: None
- Property ID: 00180-0011
- Block: 180
- Lot Number: 11
Listed by Neuhaus Realty Inc
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Price & Sales History for 361-363 Broadway
Date
Details
Price
Change
Source
5/16/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 361-363 Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,726
3%
$93,805
3%
2024
$11,359
8%
$90,856
8%
2023
$10,519
10%
$84,140
-51%
2022
$9,559
—
$173,250
25%
2021
$9,559
6%
$138,600
-9%
2020
$9,000
3%
$151,650
-11%
2019
$8,717
7%
$169,650
162%
2018
$8,163
7%
$64,723
8%
2017
$7,624
-1%
$59,944
—
2016
$7,728
8%
$59,944
8%
2015
$7,151
9%
$55,506
3%
2014
$6,562
6%
$53,761
8%
2013
$6,194
—
$49,787
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 361-363 Broadway
361-363 Broadway, Staten Island, NY 10310 (MLS# 863532) is a Multi-Family property with 4 units containing 10 bedrooms and 4 full bathrooms. 361-363 Broadway is currently listed for $1,350,000 and was received on May 16, 2025. Want to learn more about 361-363 Broadway? Do you have questions about finding other Multi-Family real estate for sale in Staten Island? You can browse all Staten Island real estate or contact a Coldwell Banker agent to request more information.
