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    Spacious Multi-Family Home in New Dorp Title is generated by Realmo AI

    128 Weed Avenue, Staten Island, NY 10306

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    Multi-family property in Staten Island's New Dorp neighborhood.

    Type:Multifamily
    Property size:
    3,000 SF
    Price / SF:
    $333/SF
    Added:
    May 15, 2026
    Days on Market:
    28
    Last Refresh:
    May 16 at 8:49 pm

    Property Features for 128 Weed Avenue

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1950

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    Listing Contact
    Cynthia Mora
    Cynthia Mora

    Listing agent Cynthia Mora License #NY 10401320699

    Listing office REMAX EDGE

    Listing date May 15, 2026

    Source Crexi

    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 REMAX EDGE

    HighLights

    • Multi‑family property in the desirable New Dorp neighborhood.
    • Potential for rental income or extended family living.
    • Oversized lot with private parking and outdoor space.
    • Convenient location near shopping, dining, transportation, and schools.
    • Close proximity to the Verrazano Bridge.
    • Flexible layout with generous living space and multiple bedrooms.

    Overview

    Located in the New Dorp neighborhood of Staten Island, this multi-family property offers potential for end-users and investors. The property features living space, multiple bedrooms, and a flexible layout, suitable for extended families or rental income. Situated on an oversized lot with private parking and outdoor space, the property is close to shopping, dining, transportation, and schools, and is located minutes from the Verrazano Bridge. The property offers opportunities to renovate, customize, or invest. The property contains 3,000 square feet.

    Local 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 $129.6k $43.20
    − Vacancy −$6.5k −$2.16
    EGI $123.1k $41.04
    − OpEx −$55.4k −$18.47
    NOI $67.7k $22.57
    3,000 SF · lease $43.20/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $967.4K
    $846.5K – $1.13M (±1% cap)
    NOI $67,716 @ 7.0% cap · market cap 6.77%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.43M
    $1.25M – $1.67M (±1% cap)
    NOI $100,201 @ 7.0% cap · market cap 10.02%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    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
    -74.10644
    Latitude
    40.564262

    FAQs

    What type of property is this?
    Multifamily property - Multi-family property in Staten Island's New Dorp neighborhood.
    Where is this multifamily property located?
    The property is located at 128 Weed Avenue Staten Island, NY.
    What is the asking price?
    The asking price for this property is $999,997.
    What are key features of this property?
    This property features: Multi‑family property in the desirable New Dorp neighborhood.; Potential for rental income or extended family living.; Oversized lot with private parking and outdoor space.
    (347) 466-1777 Call to check price and availability
    More about this property
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