All-Brick 8-Family
12 Court Street Staten Island, NY 10304
For Sale
Contact for pricing
Solid brick building with excellent rental income potential.
Property Size6,450 SF
Price / SF$341.09
Days on Market76
Property Features for 12 Court Street
General Information
- Standard status
- Active
- Size
- 6,450 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1947
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Skender Alex Fici · License #10301209813
Source:
Crexi
Added: May 12
Changed: Jul 10
Last Checked: Jul 25 at 7:56AM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
This is an 8-family all-brick building featuring six one-bedroom and two two-bedroom apartments. The property offers excellent rental income. It includes four detached garages and four separate entrances, each providing access to two apartments, offering added privacy and convenience for tenants. The building has a size of 6450 square feet.
Key Highlights
- Excellent rental income potential
- Solid all‑brick construction
- Eight total units, featuring six 1‑bedroom and two 2‑bedroom apartments
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 | $290.3k | $45.00 |
| − Vacancy | −$24.7k | −$3.83 |
| EGI | $265.6k | $41.18 |
| − OpEx | −$119.5k | −$18.53 |
| NOI | $146.1k | $22.65 |
6,450 SF · lease $45.00/SF/yr · vacancy 8.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.09M
$1.83M – $2.43M
NOI $146,068 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M
NOI $215,431 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pathways Publishing
Publishing House
FAQs
What type of property is this?
Apartment building - Solid brick building with excellent rental income potential.
Where is this apartment building located?
The property is located at 12 Court Street Staten Island, NY.
What is the asking price?
The asking price for this property is $2,199,999.
What are key features of this property?
This property features: Excellent rental income potential; Solid all‑brick construction; Eight total units, featuring six 1‑bedroom and two 2‑bedroom apartments
