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Two-Story Mixed-Use Building
For Sale
$2,450,000

250 Buel Avenue, Staten Island, NY 10305

COMMERCIAL - Staten Island, NY

Property Size7,200 SF
Lot Size0.08 Acres
Price / SF$340.28
Days on Market22

Property Features for 250 Buel Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R3-2
Subdivision Dongan Hills-Colony
Standard status Active
Size 7,200 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 35000

Building Details

Number of units 2
Flooring type Hardwood, Ceramic, Laminate
Building materials Masonry
Roof type Flat
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Vadim Blinov · License #10401325302
Added: Aug 5 Last Checked: Aug 26 at 8:06AM
MLS# 503371

Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.

Located at 250 Buel Avenue in Staten Island, this 7,200 SF masonry building combines retail and office components across two levels. The ground floor includes a 2,600 SF retail showroom and a separate 1,000 SF rear commercial area, while the 3,600 SF second floor is configured for office use. Hardwood, ceramic, and laminate flooring are present, and the building has a flat roof.

The property is zoned R3-2 and sits near the Staten Island Expressway, Verrazzano-Narrows Bridge, Hylan Blvd, and public transportation. It is partially occupied, with the existing layout accommodating multiple commercial functions. The projected cap rate is 9.7%.

Key Highlights

  • 7,200 SF two‑story mixed‑use building at 250 Buel Avenue
  • 2,600 SF ground‑floor retail showroom
  • 1,000 SF rear commercial space

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$202,854
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.28%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,057,080 $4.1M
Cap Rate 7%
$2,897,914 $2.9M
Cap Rate 9%
$2,253,933 $2.3M
Market Conditions
NOI Build-Up for 7,200 SF 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.
Gross rent
$333.5K $46.32/SF
− Vacancy
−$63.0K −$8.75/SF
EGI
$270.5K $37.57/SF
− OpEx
−$67.6K −$9.39/SF
NOI
$202.9K $28.17/SF
Area
ZIP 10305
Vacancy
18.90%
Lease Rate
$46.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,057,080
Cap Rate 7%
$2,897,914
Cap Rate 9%
$2,253,933

Alternative Uses

Best Use
Office B
$2.90M
$2.54M – $3.38M (±1% cap)
NOI $202,854 @ 7.0% cap · market cap 8.28%
Second Best
Mixed Use
$2.08M
$1.82M – $2.43M (±1% cap)
NOI $145,800 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$3.44M
$3.01M – $4.01M (±1% cap)
NOI $240,482 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Hotel & Motel Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,525
Businesses Nearby

Demographics for 10305, NY

44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail and upper-level offices create a flexible commercial configuration.
Where is this mixed-use property located?
The property is located at 250 Buel Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 7,200 SF two‑story mixed‑use building at 250 Buel Avenue; 2,600 SF ground‑floor retail showroom; 1,000 SF rear commercial space
More about this property
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