176 Cedar Avenue Staten Island, NY 10305
Two bi-level apartments and finished basement near transportation and shopping.
Property Features for 176 Cedar Avenue
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1988
Listing office NEUHAUS REALTY INC.
Listing date Mar 24, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of NEUHAUS REALTY INC.
Investment Insights
Based on property information with market context.
Key Highlights
- Semi‑attached 2‑family property.
- Two bi‑level apartments offer income potential or space for extended family.
- Finished basement with studio‑like setup, full bath, and separate entrance.
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 | $58.8k | $40.80 |
| − Vacancy | −$4.7k | −$3.29 |
| EGI | $54.0k | $37.51 |
| − OpEx | −$16.2k | −$11.25 |
| NOI | $37.8k | $26.26 |
