Mixed-Use Property with
For Sale
$1,365,000
195 Broad Street, Staten Island, NY 10304
First-floor deli/store space is paired with two one-bedroom apartments above, with all units currently rented.
Property Size2,900 SF
Price / SF$470.69
Days on Market47
Property Features for 195 Broad Street
General Information
Standard status
Active
Size
2,900 SF
Property subtype
Mixed Use
Occupancy
100%
Units
Unit Mix
2 x 1BR
Multifamily Units
2
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
RE/MAX Edge
Listed By:
Mohammad A. Chohan
(718) 612-3088
Source:
Prideestates
Added: Sep 9
Changed: Oct 10
Last Checked: Oct 24 at 6:32PM
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
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Investment Insights
Based on property information with market context.
This 2,900-square-foot mixed-use property combines a first-floor deli/store with two one-bedroom residential apartments on the second floor. The layout provides separate commercial and residential components within one building, supporting multiple occupancy types.
All units are currently rented, including the ground-floor commercial space and both apartments. The property is located at 195 Broad Street in Staten Island, New York, and offers an existing tenant setup across its retail and residential areas.
All units are currently rented, including the ground-floor commercial space and both apartments. The property is located at 195 Broad Street in Staten Island, New York, and offers an existing tenant setup across its retail and residential areas.
Key Highlights
- 2,900‑square‑foot mixed‑use property
- First‑floor deli/store space
- Two one‑bedroom apartments on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,674
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,313,480
$1.3M
Cap Rate 7%
$938,200
$938.2K
Cap Rate 9%
$729,711
$729.7K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$130.5K $45.00/SF
− Vacancy
−$11.1K −$3.83/SF
EGI
$119.4K $41.18/SF
− OpEx
−$53.7K −$18.53/SF
NOI
$65.7K $22.65/SF
Area
ZIP 10304
Vacancy
8.50%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,313,480
Cap Rate 7%
$938,200
Cap Rate 9%
$729,711
Alternative Uses
Best Use
Apartment 5plus
$938.2K
$820.9K – $1.09M
NOI $65,674 @ 7.0% cap · market cap 4.81%
Second Best
Mixed Use
$838.9K
$734.1K – $978.8K
NOI $58,725 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,861 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor deli/store space is paired with two one-bedroom apartments above, with all units currently rented.
Where is this mixed-use property located?
The property is located at 195 Broad Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,365,000.
What are key features of this property?
This property features: 2,900‑square‑foot mixed‑use property; First‑floor deli/store space; Two one‑bedroom apartments on the second floor
