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Four-Bedroom Residential Income Property
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1f-22 Hope Ave, Staten Island, NY 10305

Second-floor apartment with an ensuite primary bedroom, walk-in closet, and in-unit laundry appliances.

Property Size1,350 SF
Price / SF$2.44
Days on Market46

Property Features for 1f-22 Hope Ave

General Information

Standard status Active
Size 1,350 SF
Property subtype Residential Income

Units

Unit Mix 1 x 4BR/2BA
Multifamily Units 1

Amenities

refrigerator
stove
washer and dryer
walk-in closet
Listing Agency: Fang Fang Realty Inc
Listed By: Xiujin (Cici) Li
Source: Exprealty
Added: Sep 12 Changed: Oct 25 Last Checked: Oct 26 at 5:12PM

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 Fang Fang Realty Inc

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Investment Insights

Based on property information with market context.

This second-floor apartment offers a four-bedroom, two-bathroom layout with approximately 1,350 square feet of living space. The primary bedroom includes its own full bathroom and a walk-in closet. A refrigerator, stove, washer, and dryer are included in the apartment.

The property is located at 1f-22 Hope Ave in Staten Island’s Shore Acres area, with access to Brooklyn, shopping, and transportation. The tenant is responsible for all utilities. The apartment is scheduled to be available 09/14/2026, with credit and income verification required.

Key Highlights

  • Four‑bedroom, two‑bathroom second‑floor apartment
  • Approximately 1,350 sq ft of living space
  • Primary bedroom includes a private full bathroom and walk‑in closet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,611
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,220 $652.2K
Cap Rate 7%
$465,871 $465.9K
Cap Rate 9%
$362,344 $362.3K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$64.8K $48.00/SF
− Vacancy
−$5.5K −$4.08/SF
EGI
$59.3K $43.92/SF
− OpEx
−$26.7K −$19.76/SF
NOI
$32.6K $24.16/SF
Area
ZIP 10305
Vacancy
8.50%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,220
Cap Rate 7%
$465,871
Cap Rate 9%
$362,344

Alternative Uses

Best Use
Apartment 5plus
$465.9K
$407.6K – $543.5K (±1% cap)
NOI $32,611 @ 7.0% cap · market cap 988.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$644.1K
$563.6K – $751.5K (±1% cap)
NOI $45,090 @ 7.0% cap · market cap 1,366.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby

Demographics for 10305, NY

44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Second-floor apartment with an ensuite primary bedroom, walk-in closet, and in-unit laundry appliances.
Where is this residential income property located?
The property is located at 1f-22 Hope Ave Staten Island, NY.
What are key features of this property?
This property features: Four‑bedroom, two‑bathroom second‑floor apartment; Approximately 1,350 sq ft of living space; Primary bedroom includes a private full bathroom and walk‑in closet
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Includes: Price & PSF · Cap rate · Location · Zoning

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