Multifamily Property with Finished
For Sale
$758,000
1915 N Railroad Ave, Staten Island, NY 10306
Maintained residential property with renovated baths, a sunroom, and flexible finished lower-level space.
Property Size1,440 SF
Price / SF$526.39
Days on Market73
Property Features for 1915 N Railroad Ave
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Building Details
Year Built
1975
Listing Agency:
Ashford Homes LLC
Listed By:
Ting Ting "Helen" Fung
(929) 364-1301
Source:
Statenislandhomelistings
Added: Aug 26
Changed: Nov 1
Last Checked: Nov 4 at 2:02PM
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 Ashford Homes LLC
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Investment Insights
Based on property information with market context.
This multifamily property at 1915 N Railroad Ave offers 1,440 square feet of finished living space on a 139-foot-deep lot. Built in 1975, the home has hardwood flooring, newer Andersen windows on the upper level, updated interior doors, and renovated bathrooms. The layout includes a foyer, living room, formal dining room, eat-in kitchen, sunroom, three bedrooms, attic storage, and a finished basement with a family room and newly renovated three-quarter bath.
The property is in Staten Island, NY 10306, with access to shopping, restaurants, parks, schools, public transportation, and major highways. Its interior configuration provides multiple gathering and storage areas, while the sunroom and finished basement add usable space beyond the main living areas.
The property is in Staten Island, NY 10306, with access to shopping, restaurants, parks, schools, public transportation, and major highways. Its interior configuration provides multiple gathering and storage areas, while the sunroom and finished basement add usable space beyond the main living areas.
Key Highlights
- 1,440 square feet of finished living space
- 139‑foot‑deep lot
- Three bedrooms and renovated full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,504
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,080
$650.1K
Cap Rate 7%
$464,343
$464.3K
Cap Rate 9%
$361,156
$361.2K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$62.2K $43.20/SF
− Vacancy
−$3.1K −$2.16/SF
EGI
$59.1K $41.04/SF
− OpEx
−$26.6K −$18.47/SF
NOI
$32.5K $22.57/SF
Area
ZIP 10306
Vacancy
5.00%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,080
Cap Rate 7%
$464,343
Cap Rate 9%
$361,156
Alternative Uses
Best Use
Apartment 5plus
$464.3K
$406.3K – $541.7K
NOI $32,504 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$687.1K
$601.2K – $801.6K
NOI $48,096 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Maintained residential property with renovated baths, a sunroom, and flexible finished lower-level space.
Where is this multifamily property located?
The property is located at 1915 N Railroad Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $758,000.
What are key features of this property?
This property features: 1,440 square feet of finished living space; 139‑foot‑deep lot; Three bedrooms and renovated full bathroom
