Staten Island Multifamily
For Sale
$699,999
Pending
171 Silver Lake Rd, Staten Island, NY 10301
Multifamily property for sale in Staten Island, New York.
Property Size1,260 SF
Lot Size0.06 Acres
Days on Market334
Property Features for 171 Silver Lake Rd
General Information
Standard status
Pending
Size
1,260 SF
Lot size
0.06 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$5,466
Building Details
Building Size
1,260 SF
Year Built
1931
Stories
2
Listed By:
Lucy Badwan
(718) 500-1919
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 26
Last Checked: Oct 26 at 5:44PM
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 Lucy Badwan
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Investment Insights
Based on property information with market context.
A multifamily property located at 171 Silver Lake Rd, Staten Island, New York 10301, is available for purchase. The list price is $699,999.
Key Highlights
- YearBuilt: 1931
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,942
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,840
$558.8K
Cap Rate 7%
$399,171
$399.2K
Cap Rate 9%
$310,467
$310.5K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$52.9K $42.00/SF
− Vacancy
−$2.1K −$1.68/SF
EGI
$50.8K $40.32/SF
− OpEx
−$22.9K −$18.14/SF
NOI
$27.9K $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%
$558,840
Cap Rate 7%
$399,171
Cap Rate 9%
$310,467
Alternative Uses
Best Use
Apartment 5plus
$399.2K
$349.3K – $465.7K
NOI $27,942 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$601.2K
$526.1K – $701.4K
NOI $42,084 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,177
Businesses Nearby
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Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property for sale in Staten Island, New York.
Where is this multifamily property located?
The property is located at 171 Silver Lake Rd Staten Island, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: YearBuilt: 1931
