Three-Unit Triplex with
For Sale
$1,498,000
112 Laconia Avenue, Staten Island, NY 10305
Each apartment has its own gas meter, boiler, and hot-water heater.
Property Size3,528 SF
Price / SF$424.60
Days on Market27
Property Features for 112 Laconia Avenue
General Information
Standard status
Active
Size
3,528 SF
Property subtype
Residential Income
Zoning
R3X
Units
Unit Mix
2 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
3
Individually Metered Utilities
gas
Taxes and HOA fees
Annual Taxes
$6,523
Amenities
pool
Balcony
Building Details
Building Size
3,528 SF
Year Built
1931
Buildings
1
Stories
3
Units
3
Listing Agency:
Island Wide Realty of SI, Inc.
(718) 447-2100
Listed By:
Anthony Bernardez
Source:
Connieprofaci
Added: Oct 1
Changed: Oct 25
Last Checked: Oct 26 at 3:41AM
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 Island Wide Realty of SI, Inc.
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Investment Insights
Based on property information with market context.
This 3,528-square-foot triplex, built in 1931, contains three apartments: two with two bedrooms and one bathroom each, plus a third-floor unit with three bedrooms and one bathroom. The second-floor kitchen and bathroom have been renovated, and the building has new windows, a roof with a 30-year warranty, and an automatic whole-house generator. A finished basement, patio, wraparound deck, and heated saltwater pool add to the property’s existing features. The property is zoned R3X.
At 112 Laconia Avenue in Staten Island, the property is a short drive from Hylan Boulevard, restaurants, shops, supermarkets, the beach, and the bridge. It is to be delivered vacant.
At 112 Laconia Avenue in Staten Island, the property is a short drive from Hylan Boulevard, restaurants, shops, supermarkets, the beach, and the bridge. It is to be delivered vacant.
Key Highlights
- 3,528‑square‑foot triplex with three apartments: two 2‑bedroom units and one 3‑bedroom unit
- Separate utilities include 3 gas meters, 3 boilers, and 3 hot‑water heaters
- Automatic whole‑house generator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,628
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,852,560
$1.9M
Cap Rate 7%
$1,323,257
$1.3M
Cap Rate 9%
$1,029,200
$1.0M
Market Conditions
NOI Build-Up for 3,528 SF
Gross rent
$143.9K $40.80/SF
− Vacancy
−$11.6K −$3.29/SF
EGI
$132.3K $37.51/SF
− OpEx
−$39.7K −$11.25/SF
NOI
$92.6K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,852,560
Cap Rate 7%
$1,323,257
Cap Rate 9%
$1,029,200
Alternative Uses
Best Use
Multifamily LT 5
$1.32M
$1.16M – $1.54M
NOI $92,628 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.42M
NOI $85,222 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,836 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,387
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each apartment has its own gas meter, boiler, and hot-water heater.
Where is this triplex located?
The property is located at 112 Laconia Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: 3,528‑square‑foot triplex with three apartments: two 2‑bedroom units and one 3‑bedroom unit; Separate utilities include 3 gas meters, 3 boilers, and 3 hot‑water heaters; Automatic whole‑house generator
