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Renovated Residential Income Property
For Sale
$389,999
Pending

215 Hart Boulevard #3-L, Staten Island, NY 10301

Renovated apartment with private en-suite bathrooms, generous living space, storage, and access to building amenities.

Property Size1,145 SF
Days on Market1557

Property Features for 215 Hart Boulevard #3-L

General Information

Standard status Pending
Size 1,145 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

gym
outdoor bbq area
basement storage
live in super

Building Details

Building Size 1,145 SF
Year Built 1931
Listing Agency: Tom Crimmins Realty, Ltd.
Listed By: Steven Schwab · License #10401349960
Source: Karolinakemski.kw
Added: Jul 25, 2022 Changed: Oct 25 Last Checked: Oct 28 at 4:43AM

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 Tom Crimmins Realty, Ltd.

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Investment Insights

Based on property information with market context.

Renovated residential income property offering a two-bedroom, two-bath apartment with oversized bedrooms, each paired with a private en-suite bathroom. The layout includes an unusually large living room that can accommodate separate living and dining areas, along with a spacious eat-in kitchen. Ample closet space and additional basement storage provide practical utility.

Building amenities include a recently added gym and outdoor BBQ area. A live-in superintendent is also available on site. The property was built in 1931 and is positioned near the ferry and express buses on Forest Avenue, with parks, restaurants, supermarkets, and coffee shops nearby. The apartment is located at 215 Hart Boulevard #3-L, Staten Island, NY 10301.

Key Highlights

  • Two‑bedroom, two‑bath apartment with oversized bedrooms
  • Each bedroom has its own en‑suite bathroom
  • Large living room with space for living and dining areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,392
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,840 $507.8K
Cap Rate 7%
$362,743 $362.7K
Cap Rate 9%
$282,133 $282.1K
Market Conditions
NOI Build-Up for 1,145 SF
Gross rent
$48.1K $42.00/SF
− Vacancy
−$1.9K −$1.68/SF
EGI
$46.2K $40.32/SF
− OpEx
−$20.8K −$18.14/SF
NOI
$25.4K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,840
Cap Rate 7%
$362,743
Cap Rate 9%
$282,133

Alternative Uses

Best Use
Apartment 5plus
$362.7K
$317.4K – $423.2K (±1% cap)
NOI $25,392 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$546.3K
$478.0K – $637.4K (±1% cap)
NOI $38,243 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,236
Businesses Nearby

Demographics for 10301, NY

41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Renovated apartment with private en-suite bathrooms, generous living space, storage, and access to building amenities.
Where is this residential income property located?
The property is located at 215 Hart Boulevard #3-L Staten Island, NY.
What is the asking price?
The asking price for this property is $389,999.
What are key features of this property?
This property features: Two‑bedroom, two‑bath apartment with oversized bedrooms; Each bedroom has its own en‑suite bathroom; Large living room with space for living and dining areas
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