4-Unit
New
For Sale
$1,450,000
3 Trinity Place, Staten Island, NY 10310
Residential Income, Staten Island, NY
Property Size3,841 SF
Lot Size0.18 Acres
Price / SF$377.51
Days on Market4
Property Features for 3 Trinity Place
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R3A
Bedrooms
9
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 3, Bedroom 7, Bedroom 8, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 9, Bedroom 1, Bedroom 4
Basement
Apartment, Full
Lot features
Back Yard
Subdivision
West Brighton
Standard status
Active
APN
00188-0078
Size
3,841 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
5721
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Building Details
Year built
1899
Floors in Building
3
Number of units
4
Building materials
Vinyl Siding
Listing Agency:
Hometime Estates LLC
(718) 524-0400
Listed By:
Kesserine Fairweather
(917) 751-5921
Added: Sep 24
Changed: Sep 25
Last Checked: Sep 27 at 1:06PM
MLS# 2605432
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 four-unit residential property contains 3,841 square feet on a 0.1793-acre lot. Built in 1899, the building has vinyl siding and is fully occupied. R3A zoning is identified for the property.
Heating is provided by hot water and natural gas, and the property is served by public sewer.
Heating is provided by hot water and natural gas, and the property is served by public sewer.
Key Highlights
- Four residential units; fully occupied
- 3,841 square feet of building area
- 0.1793‑acre lot
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
$95,519
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
6.59%
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%
$1,910,380
$1.9M
Cap Rate 7%
$1,364,557
$1.4M
Cap Rate 9%
$1,061,322
$1.1M
Market Conditions
NOI Build-Up for 3,841 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
$142.9K $37.20/SF
− Vacancy
−$6.4K −$1.67/SF
EGI
$136.5K $35.53/SF
− OpEx
−$40.9K −$10.66/SF
NOI
$95.5K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
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%
$1,910,380
Cap Rate 7%
$1,364,557
Cap Rate 9%
$1,061,322
Alternative Uses
Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.59M
NOI $95,519 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$1.22M
$1.06M – $1.42M
NOI $85,178 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,290 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,407
Businesses Nearby
Explore this area
Business Placement
Demographics for 10310, NY
26,667
Population
9,909
Households
2.7
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
14,815
Density / Sq Mi
$106,118
Median Household Income
$57,861
Median Earnings
$1,638
Median Rent
$623,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied residential property with four units and R3A zoning.
Where is this quadplex located?
The property is located at 3 Trinity Place Staten Island, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Four residential units; fully occupied; 3,841 square feet of building area; 0.1793‑acre lot
