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    Staten Island Three-Family Property Title is generated by Realmo AI

    109 Monroe Avenue, Staten Island, NY 10301

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    Claim this Listing
    Pending
    $748,000

    MULTI_FAMILY - Staten Island, NY

    Property size:
    2,625 SF
    Lot size:
    0.05 Acres
    Added:
    Jan 27, 2025
    Days on Market:
    525
    Last Refresh:
    Jul 6 at 11:06 am

    Property Features for 109 Monroe Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5
    Bedrooms
    5
    Bathrooms
    6
    Rooms
    Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2
    Parking features
    Off Street
    Basement
    Unfinished, Full
    Standard status
    Pending
    APN
    00017-0011
    Size
    2,625 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5001

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Oil, Hot Water(Heating)

    Building Details

    Year built
    1920
    Floors in Building
    3
    Number of units
    3
    Building materials
    Aluminum Siding

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    Contact an agent
    C.Michel Scibetta-Nicolo

    Listing agent C.Michel Scibetta-Nicolo

    Listing office Robert DeFalco Realty, Inc. 1678 Hylan Blvd., STATEN ISLAND, NY

    Listing date Jan 27, 2025

    MLS# 2500462 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.

    HighLights

    • 3‑family property with three separate units: two 2‑bedroom units plus one 1‑bedroom unit
    • Year built 1920 with aluminum siding construction
    • Heating includes oil and hot water (heating)
    • Public sewer service available
    • Off‑street parking
    • Needs some TLC

    Overview

    This three-family property is located in a sought-after area near the courthouse and ferry, offering convenient access to Manhattan. The property includes a first floor with a 2-bedroom apartment, a second floor mirroring this layout with another 2-bedroom unit, and a third floor featuring a 1-bedroom apartment. The property, situated on a lot of 0.05 acres, contains 2,625 square feet of space. This property is located in Staten Island, NY, and is zoned R5. The property needs some TLC. It is suitable for investors or those seeking a home with income potential.

    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 $97.7k $37.20
    − Vacancy −$4.4k −$1.67
    EGI $93.3k $35.53
    − OpEx −$28.0k −$10.66
    NOI $65.3k $24.87
    2,625 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $932.6K
    $816.0K – $1.09M (±1% cap)
    NOI $65,279 @ 7.0% cap · market cap 8.73%
    Second Best
    Apartment 5plus
    $831.6K
    $727.7K – $970.2K (±1% cap)
    NOI $58,212 @ 7.0% cap · market cap 7.78%
    Theoretical Best
    Office A
    $1.25M
    $1.10M – $1.46M (±1% cap)
    NOI $87,676 @ 7.0% cap · market cap 11.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture Accounting Firm Tattoo & Piercing Shop Supermarket (Bike/Boat/Book/etc) Store Home Appliance Store Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.078698
    Latitude
    40.639019

    FAQs

    What type of property is this?
    Triplex - Three-family property near courthouse and ferry with Manhattan commute.
    Where is this triplex located?
    The property is located at 109 Monroe Avenue Staten Island, NY.
    What is the asking price?
    The asking price for this property is $748,000.
    What are key features of this property?
    This property features: 3‑family property with three separate units: two 2‑bedroom units plus one 1‑bedroom unit; Year built 1920 with aluminum siding construction; Heating includes oil and hot water (heating)
    More about this property
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