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    361-363 Broadway Staten Island, NY 10310

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    For Sale
    $1,350,000

    Four-family residence with commercial spaces and detached garage.

    Lot size:
    0.11 Acres

    Property Features for 361-363 Broadway

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1931

    Source: Neuhaus Realty Inc Agent David Rivera

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Property For Sale

    This investment property offers a four-family residence that includes two commercial spaces and a detached garage. It is being sold AS IS, with existing tenants. The property is suitable for real estate investors, especially those considering a 1031 exchange. This property qualifies for a 1031 exchange, allowing investors to defer capital gains taxes by reinvesting the proceeds into a like-kind property within specific timelines. The IRS mandates that the replacement property be identified within 45 days and acquired within 180 days of the sale. Both the relinquished and replacement properties must be held for investment or business purposes to qualify. Potential rental income for the three-bedroom units ranges from 2,800 to 3,000 dollars per month. Two-bedroom units can generate between 2,300 and 2,500 dollars per month. The commercial spaces have the potential to bring in 1,500 to 1,800 dollars each per month. Needs 24 hour notice for showings. CASH OFFERS ONLY.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    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
    -74.116486
    Latitude
    40.632249

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    FAQs

    What type of property is this?
    Quadplex - Four-family residence with commercial spaces and detached garage.
    Where is this quadplex located?
    The property is located at 361-363 Broadway Staten Island, NY.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Qualifies for a 1031 exchange, allowing deferral of capital gains taxes.; - Generates potential rental income from residential (2 & 3 bedroom) and commercial spaces.; - Includes a 4-family residence with 2 commercial spaces and a detached garage.
    (718) 979-3400
    Request Owner's contact information
    361-363 Broadway Staten Island, NY 10310
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    Staten Island, NY 10310
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    361-363 Broadway Staten Island, NY 10310
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