Mixed-Use Property With
For Sale
$799,999
3020 Richmond Terrace, Staten Island, NY 10303
Two-level property combines flexible commercial space with an upstairs residence and on-site parking.
Property Size2,600 SF
Price / SF$307.69
Days on Market74
Property Features for 3020 Richmond Terrace
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Mixed Use
Additional Details
Public Transit
Yes
Building Details
Year Built
2020
Buildings
1
Stories
2
Listing Agency:
RE/MAX Edge
Listed By:
XiaoMei(May) He · License #10401313430
(718) 612-3088
Source:
Prideestates
Added: Jul 25
Changed: Sep 19
Last Checked: Oct 5 at 6:30PM
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 RE/MAX Edge
Investment Insights
Based on property information with market context.
Built in 2020, this mixed-use property contains approximately 2,600 square feet across two levels. The ground floor provides an open commercial area with a half bath, while the upper level includes a three-bedroom residence with one full bath, front and rear balconies, and washer and dryer hookups. An attic offers the possibility of adding another bedroom, as described in the property information.
A general parking area accommodates five or more vehicles. The property is near MTA bus lines, shopping, dining, and the Bayonne Bridge, providing a combination of commercial and residential functionality in a single building.
A general parking area accommodates five or more vehicles. The property is near MTA bus lines, shopping, dining, and the Bayonne Bridge, providing a combination of commercial and residential functionality in a single building.
Key Highlights
- Built in 2020 with approximately 2,600 square feet
- Open ground‑floor commercial area with half bath
- Upper‑level three‑bedroom residence with one full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,954
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,080
$1.1M
Cap Rate 7%
$799,343
$799.3K
Cap Rate 9%
$621,711
$621.7K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$87.4K $33.60/SF
− Vacancy
−$7.4K −$2.86/SF
EGI
$79.9K $30.74/SF
− OpEx
−$24.0K −$9.22/SF
NOI
$56.0K $21.52/SF
Area
Staten Island, NY
Vacancy
8.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,080
Cap Rate 7%
$799,343
Cap Rate 9%
$621,711
Alternative Uses
Best Use
Retail
$799.3K
$699.4K – $932.6K
NOI $55,954 @ 7.0% cap · market cap 6.99%
Second Best
Mixed Use
$735.4K
$643.5K – $858.0K
NOI $51,480 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,841 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
CubeSmart Self Storage
Shops & Services
2,679 visits/mo
0.1 miles
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines flexible commercial space with an upstairs residence and on-site parking.
Where is this mixed-use property located?
The property is located at 3020 Richmond Terrace Staten Island, NY.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Built in 2020 with approximately 2,600 square feet; Open ground‑floor commercial area with half bath; Upper‑level three‑bedroom residence with one full bath
