Two-Story Mixed-Use Commercial
New
For Sale
$2,450,000
250 Buel Ave, Staten Island, NY 10305
Ground-floor retail and upper-level office areas create a flexible commercial configuration.
Property Size7,200 SF
Price / SF$340.28
Days on Market2
Property Features for 250 Buel Ave
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$35,000
Building Details
Building Size
7,200 SF
Buildings
1
Stories
2
Listing Agency:
REMAX EDGE
(718) 612-3088
Listed By:
Anna Soboleva · License #10401366828
(718) 612-3088
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 5:05PM
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 REMAX EDGE
Investment Insights
Based on property information with market context.
This two-story mixed-use commercial building contains 7,200 SF across a varied layout. The ground level includes a 2,600 SF retail showroom and 1,000 SF of rear commercial space, while the second floor provides 3,600 SF of office area. The property is partially occupied, allowing the existing configuration to support both retail and office functions.
The Staten Island property is situated near the Staten Island Expressway, Verrazzano-Narrows Bridge, Hylan Blvd, and public transportation. WalkScore is 76, TransitScore is 70, and BikeScore is 60. A projected 9.7% CAP rate is also provided.
The Staten Island property is situated near the Staten Island Expressway, Verrazzano-Narrows Bridge, Hylan Blvd, and public transportation. WalkScore is 76, TransitScore is 70, and BikeScore is 60. A projected 9.7% CAP rate is also provided.
Key Highlights
- 7,200 SF two‑story mixed‑use commercial building
- 2,600 SF ground‑floor retail showroom
- 1,000 SF rear commercial space plus 3,600 SF second‑floor office
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$202,854
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,057,080
$4.1M
Cap Rate 7%
$2,897,914
$2.9M
Cap Rate 9%
$2,253,933
$2.3M
Market Conditions
NOI Build-Up for 7,200 SF
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.
Gross rent
$333.5K $46.32/SF
− Vacancy
−$63.0K −$8.75/SF
EGI
$270.5K $37.57/SF
− OpEx
−$67.6K −$9.39/SF
NOI
$202.9K $28.17/SF
Area
ZIP 10305
Vacancy
18.90%
Lease Rate
$46.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,057,080
Cap Rate 7%
$2,897,914
Cap Rate 9%
$2,253,933
Alternative Uses
Best Use
Office B
$2.90M
$2.54M – $3.38M
NOI $202,854 @ 7.0% cap · market cap 8.28%
Second Best
Mixed Use
$2.08M
$1.82M – $2.43M
NOI $145,800 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$3.44M
$3.01M – $4.01M
NOI $240,482 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,525
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail and upper-level office areas create a flexible commercial configuration.
Where is this mixed-use property located?
The property is located at 250 Buel Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 7,200 SF two‑story mixed‑use commercial building; 2,600 SF ground‑floor retail showroom; 1,000 SF rear commercial space plus 3,600 SF second‑floor office
