Renovated Staten Island Multifamily
105 Seaview Ave Staten Island, NY 10304
105 Seaview Ave, Staten Island, NY, 10304
$1,650,000
For Sale
$1,650,000
Fully renovated 6-family property in prime Staten Island location.
Property Size5,760 SF
Price / SF$286.46
Days on Market106
Property Features for 105 Seaview Ave
General Information
- Standard status
- Active
- Size
- 5,760 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1931
Listing Agency
Tiger Realty
(917) 708-9966
Listed by
Yawei (Angel) Yang
(917) 708-9966
Source
Elliman
Added: Apr 3 Checked: Jul 17 at 6:08 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tiger Realty
Investment Insights
Based on property information with market context.
This fully renovated legal 6-family property is located at 105 Seaview Ave, Staten Island, NY 10304. The property features a front 5-family building and a rear grandfathered 2-bedroom bungalow. The units are offered vacant and free of rent control or stabilization. The residence includes four one-bedroom units and two two-bedroom units, all with brand-new finishes, modern kitchens, and updated bathrooms. The property sits on a big lot with approximately 5,760 sq ft of living space. Located in a prime Staten Island neighborhood, the property is close to shopping, transportation, and schools. This turnkey investment offers strong rental demand and full market rent flexibility. It is an ideal opportunity for investors or 1031 exchange buyers seeking stable returns and long-term appreciation. The location has a walk score of 75, indicating it is very walkable, and a transit score of 71, indicating excellent transit options. The bike score is 39, indicating it is somewhat bikeable.
Key Highlights
- Fully renovated legal 6‑family property offered vacant
- No rent control or stabilization, allowing for full market rent flexibility
- Prime Staten Island location close to shopping, transportation, and schools
Local Financial Insights For Apartment 5plus
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 | $259.2k | $45.00 |
| − Vacancy | −$22.0k | −$3.83 |
| EGI | $237.2k | $41.18 |
| − OpEx | −$106.7k | −$18.53 |
| NOI | $130.4k | $22.65 |
5,760 SF · lease $45.00/SF/yr · vacancy 8.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.86M
$1.63M – $2.17M
NOI $130,442 @ 7.0% cap · market cap 7.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.75M
$2.40M – $3.21M
NOI $192,385 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Fully renovated 6-family property in prime Staten Island location.
Where is this apartment building located?
The property is located at 105 Seaview Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Fully renovated legal 6‑family property offered vacant; No rent control or stabilization, allowing for full market rent flexibility; Prime Staten Island location close to shopping, transportation, and schools
