Four-Family Income
172-174 Llewellyn Place Staten Island, NY 10314
172-174 Llewellyn Place, Staten Island, NY, 10314
Contact for pricing
For Sale
Contact for pricing
Pending
Well-maintained four-family residence is fully rented and sold occupied, with four additional rentable garages.
Property Size3,264 SF
Days on Market258
Property Features for 172-174 Llewellyn Place
General Information
- Standard status
- Pending
- Size
- 3,264 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1934
Listing agency
Leader Properties Inc
(917) 586-3142
Listed by
Christopher Burdzy · License #NY 31BU1064996
Source
Crexi
Added: Nov 6, 2025 Updated: Jul 20 at 6:40PM Checked: Jul 21 at 5:02AM
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 Leader Properties Inc
Investment Insights
Based on property information with market context.
This well-maintained four-family income property is fully rented and will be sold occupied. The building includes four empty garages that can be rented for additional revenue, and each tenant is responsible for their own heat, hot water, cooking gas, and electricity.
The property is offered for sale with showings for qualified buyers by appointment.
With all four units currently occupied and separate utility responsibility in place, the asset is structured to support ongoing rental operations from day one.
The property is offered for sale with showings for qualified buyers by appointment.
With all four units currently occupied and separate utility responsibility in place, the asset is structured to support ongoing rental operations from day one.
Key Highlights
- Well‑maintained 4‑family residence built in 1934
- Property is fully rented and sold occupied
- Each tenant pays their own heat, hot water, cooking gas, and electricity
Local Financial Insights For Multifamily LT 5
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 | $133.2k | $40.80 |
| − Vacancy | −$6.0k | −$1.84 |
| EGI | $127.2k | $38.96 |
| − OpEx | −$38.2k | −$11.69 |
| NOI | $89.0k | $27.27 |
3,264 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $89,025 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.38M
NOI $82,550 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $109,018 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-family residence is fully rented and sold occupied, with four additional rentable garages.
Where is this quadplex located?
The property is located at 172-174 Llewellyn Place Staten Island, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Well‑maintained 4‑family residence built in 1934; Property is fully rented and sold occupied; Each tenant pays their own heat, hot water, cooking gas, and electricity
