Mixed-Use Property with Two
For Sale
$1,100,000
Pending
227 Broad Street, Staten Island, NY 10304
Residential Income, Staten Island, NY
Property Size3,375 SF
Lot Size0.05 Acres
Days on Market371
Property Features for 227 Broad Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R3-2
Bedrooms
6
Bathrooms
5
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 6, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 5
Parking features
On Street
Basement
Full, Unfinished
Lot features
Back Yard
Subdivision
Stapleton
Standard status
Pending
APN
00541-0026
Size
3,375 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2825
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Amenities
backyard
Building Details
Year built
1931
Floors in Building
3
Number of units
3
Building materials
Vinyl Siding
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
Young A Choi
(347) 733-3231
Added: Oct 10, 2025
Changed: Oct 14
Last Checked: Oct 15 at 10:06AM
MLS# 2506035
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use building contains a liquor store on the ground floor and one three-bedroom apartment on each of the two upper floors. The residential units have updated window frames and fresh paint, while the property also includes a backyard for tenant use or future improvements.
Built in 1931, the 3,375-square-foot structure sits on a 0.0517-acre lot at 227 Broad Street in Staten Island. The property is zoned R3-2 and features vinyl siding, hot-water heating, natural gas service, public sewer, and on-street parking. The configuration combines an operating retail component with two residential apartments in a compact, income-producing format.
Built in 1931, the 3,375-square-foot structure sits on a 0.0517-acre lot at 227 Broad Street in Staten Island. The property is zoned R3-2 and features vinyl siding, hot-water heating, natural gas service, public sewer, and on-street parking. The configuration combines an operating retail component with two residential apartments in a compact, income-producing format.
Key Highlights
- Mixed‑use building with a ground‑floor liquor store
- Two 3‑bedroom apartments occupy the second and third floors
- 3,375 square feet on a 0.0517‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,399
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,667,980
$1.7M
Cap Rate 7%
$1,191,414
$1.2M
Cap Rate 9%
$926,656
$926.7K
Market Conditions
NOI Build-Up for 3,375 SF
Gross rent
$129.6K $38.40/SF
− Vacancy
−$10.5K −$3.10/SF
EGI
$119.1K $35.30/SF
− OpEx
−$35.7K −$10.59/SF
NOI
$83.4K $24.71/SF
Area
ZIP 10304
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,667,980
Cap Rate 7%
$1,191,414
Cap Rate 9%
$926,656
Alternative Uses
Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.39M
NOI $83,399 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$1.09M
$955.4K – $1.27M
NOI $76,431 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,726 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,396
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor liquor retail accompanies two updated three-bedroom apartments with separate residential levels above.
Where is this mixed-use property located?
The property is located at 227 Broad Street 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: Mixed‑use building with a ground‑floor liquor store; Two 3‑bedroom apartments occupy the second and third floors; 3,375 square feet on a 0.0517‑acre lot
