Renovated Apartment
For Sale
$1,650,000
105 Seaview Avenue, Staten Island, NY 10304
Residential, Staten Island, NY
Property Size5,760 SF
Lot Size0.10 Acres
Price / SF$286.46
Days on Market174
Property Features for 105 Seaview Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3X
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 5, Bathroom 6, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Full
Subdivision
Todt Hil
Standard status
Active
Size
5,760 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
25185
Building Details
Year built
1931
Floors in Building
3
Number of units
6
Flooring type
Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Yawei (Angel) Yang
(917) 708-9966
Added: Apr 2
Changed: Sep 16
Last Checked: Sep 22 at 7:06PM
MLS# 500185
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.
This apartment property contains approximately 5,760 square feet on a 0.1033-acre lot and is offered vacant. The building has been fully renovated with new finishes, updated kitchens, updated bathrooms, refrigerators, and stoves. Brick construction, tile flooring, and a flat roof are also documented, with original construction dating to 1931.
The property is located at 105 Seaview Avenue in Staten Island, NY 10304, near shopping, transportation, and schools. It carries R3X zoning and is described as free of rent control or stabilization. The combination of renovated interiors, vacant delivery, and established residential improvements supports evaluation as an apartment-building acquisition.
The property is located at 105 Seaview Avenue in Staten Island, NY 10304, near shopping, transportation, and schools. It carries R3X zoning and is described as free of rent control or stabilization. The combination of renovated interiors, vacant delivery, and established residential improvements supports evaluation as an apartment-building acquisition.
Key Highlights
- Approximately 5,760 square feet of living space
- 0.1033‑acre lot
- Fully renovated with new finishes, modern kitchens, and updated bathrooms
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
$130,442
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
7.91%
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%
$2,608,840
$2.6M
Cap Rate 7%
$1,863,457
$1.9M
Cap Rate 9%
$1,449,356
$1.4M
Market Conditions
NOI Build-Up for 5,760 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
$259.2K $45.00/SF
− Vacancy
−$22.0K −$3.83/SF
EGI
$237.2K $41.18/SF
− OpEx
−$106.7K −$18.53/SF
NOI
$130.4K $22.65/SF
Area
ZIP 10304
Vacancy
8.50%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
45.00%
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%
$2,608,840
Cap Rate 7%
$1,863,457
Cap Rate 9%
$1,449,356
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 authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,549
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Vacant property with updated kitchens, bathrooms, and included appliances.
Where is this apartment building located?
The property is located at 105 Seaview Avenue 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: Approximately 5,760 square feet of living space; 0.1033‑acre lot; Fully renovated with new finishes, modern kitchens, and updated bathrooms
