Three-Level Multifamily
For Sale
$799,000
110 Narrows Rd S, Staten Island, NY 10305
Multilevel property with a basement, generous outdoor space, and access to public transportation and major roadways.
Property Size1,148 SF
Price / SF$695.99
Days on Market92
Property Features for 110 Narrows Rd S
General Information
Standard status
Active
Size
1,148 SF
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Amenities
large yard
Building Details
Year Built
1997
Stories
3
Listing Agency:
Homes R Us Realty of NY, Inc.
Listed By:
Huan Kuei Lo · License #10401313713
(718) 668-2550
Source:
Statenislandhomelistings
Added: Jul 28
Changed: Oct 26
Last Checked: Oct 26 at 4:18PM
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 Homes R Us Realty of NY, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property includes three floors plus a basement, providing 1,148 square feet of interior space. Windows bring in substantial natural light and capture views, while the large yard adds usable outdoor area for gardening, recreation, entertaining, or private enjoyment. Built in 1997, the property is offered without HOA obligations.
Public transportation and major roadways are nearby, with access to Brooklyn for commuting, dining, and entertainment. The combination of multiple levels, basement space, outdoor area, and transportation access supports a range of residential income property considerations.
Public transportation and major roadways are nearby, with access to Brooklyn for commuting, dining, and entertainment. The combination of multiple levels, basement space, outdoor area, and transportation access supports a range of residential income property considerations.
Key Highlights
- Three floors plus a basement
- 1,148 square feet of interior space
- Large yard with multiple outdoor‑use possibilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,731
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,620
$554.6K
Cap Rate 7%
$396,157
$396.2K
Cap Rate 9%
$308,122
$308.1K
Market Conditions
NOI Build-Up for 1,148 SF
Gross rent
$55.1K $48.00/SF
− Vacancy
−$4.7K −$4.08/SF
EGI
$50.4K $43.92/SF
− OpEx
−$22.7K −$19.76/SF
NOI
$27.7K $24.16/SF
Area
ZIP 10305
Vacancy
8.50%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,620
Cap Rate 7%
$396,157
Cap Rate 9%
$308,122
Alternative Uses
Best Use
Apartment 5plus
$396.2K
$346.6K – $462.2K
NOI $27,731 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$547.8K
$479.3K – $639.1K
NOI $38,343 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Location Intelligence
Trade Area within ½ mile
951
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multilevel property with a basement, generous outdoor space, and access to public transportation and major roadways.
Where is this multifamily property located?
The property is located at 110 Narrows Rd S Staten Island, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three floors plus a basement; 1,148 square feet of interior space; Large yard with multiple outdoor‑use possibilities
