Renovated Staten Island Multifamily
210 Corson Avenue Staten Island, NY 10301
210 Corson Avenue, Staten Island, NY, 10301
$1,150,000
Pending
For Sale
$1,150,000
Pending
MULTI_FAMILY - Staten Island, NY
Property Size3,473 SF
Lot Size0.06 Acres
Days on Market118
Property Features for 210 Corson Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 8, Bedroom 2, Bedroom 5
- Parking features
- Carport
- Basement
- Full, Unfinished
- Standard status
- Pending
- Size
- 3,473 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8827
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 2018
- Floors in Building
- 3
- Number of units
- 3
- Building materials
- Stone, Stucco
Listing Agency
Homes R Us Realty of NY, Inc.
(718) 668-2550
111 Fingerboard Road, Staten Island, NY
Listed by
Gennady Gary Papirov
(917) 856-2012
Added: Mar 24 Checked: Jul 19 at 4:06 pm
MLS# 2601494
Listing URL
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This legal 3-family building, located in Staten Island, NY, offers an investment opportunity. The property has been fully renovated and contains approximately 3,473 square feet. It will be delivered completely vacant. The building features two mirror-image 3-bedroom, 1-bath units on the second and third floors, and a 2-bedroom apartment on the first floor. A full unfinished basement provides additional storage and future potential. The property is positioned to generate rental income. The lot size is 0.06 acres. The property is zoned R5.
Key Highlights
- Fully renovated legal 3‑family at 210 Corson Ave, approx. 3,473 SF, delivered completely vacant
- Unit mix: two second/third‑floor 3‑bedroom, 1‑bath units plus a first‑floor 2‑bedroom apartment
- Projected annual rent roll of $115,296 with low annual expenses of approx. $14,027 for projected NOI of $101,269
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.2k | $37.20 |
| − Vacancy | −$5.8k | −$1.67 |
| EGI | $123.4k | $35.53 |
| − OpEx | −$37.0k | −$10.66 |
| NOI | $86.4k | $24.87 |
3,473 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.44M
NOI $86,367 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$1.10M
$962.7K – $1.28M
NOI $77,017 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,999 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Fully renovated three-family building in Staten Island, delivered vacant.
Where is this triplex located?
The property is located at 210 Corson Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Fully renovated legal 3‑family at 210 Corson Ave, approx. 3,473 SF, delivered completely vacant; Unit mix: two second/third‑floor 3‑bedroom, 1‑bath units plus a first‑floor 2‑bedroom apartment; Projected annual rent roll of $115,296 with low annual expenses of approx. $14,027 for projected NOI of $101,269
