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    Brighton Heights Multifamily Property Title is generated by Realmo AI

    260 Brighton Ave, Staten Island, NY 10301

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    Four-story multifamily property in Clove Lake/Brighton Heights.

    Type:Multifamily
    Property size:
    2,840 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $351/SF
    Added:
    Apr 17, 2024
    Days on Market:
    786
    Last Refresh:
    May 12 at 9:22 pm

    Property Features for 260 Brighton Ave

    General Information

    Standard status
    Active
    Size
    2,840 SF
    Lot size
    0.14 Acres
    Property subtype
    Multifamily

    Building Details

    Year Built
    2024

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    Listing Contact
    Melsa Skrapalliu

    Listing agent Melsa Skrapalliu License #NY

    Listing office RJM Realty Empire

    Listing date Apr 17, 2024

    Source Crexi

    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 RJM Realty Empire

    HighLights

    • New construction completed in 2024
    • Enjoy a large living space with 2840.23 sq ft total area
    • Features two units: A main house with 3 beds and 3 baths, plus a second unit with kitchen/living room and 1 full bath
    • Situated on a large 6237 sq ft lot
    • Basement includes large windows for ample natural light
    • Includes a convenient one‑car garage

    Overview

    Located in Clove Lake/Brighton Heights, this four-story multifamily property offers a total of 2840.23 square feet of living space and is built on a 6237 square foot lot. The building includes a basement and three additional floors. The first level provides 767.67 square feet, the second level offers 776.09 square feet, and the third level contains 753.35 square feet. The basement measures 486.16 square feet. The main house features a large, open floor plan ready for a custom kitchen and tiled flooring, along with three bedrooms, three bathrooms, and a laundry room. It also includes a one-car garage. The basement benefits from large windows, providing ample natural light. The second unit includes a kitchen/living room and one full bath.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $119.3k $42.00
    − Vacancy −$4.8k −$1.68
    EGI $114.5k $40.32
    − OpEx −$51.5k −$18.14
    NOI $63.0k $22.18
    2,840 SF · lease $42.00/SF/yr · vacancy 4.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $899.7K
    $787.3K – $1.05M (±1% cap)
    NOI $62,980 @ 7.0% cap · market cap 6.30%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.36M
    $1.19M – $1.58M (±1% cap)
    NOI $94,857 @ 7.0% cap · market cap 9.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.094741
    Latitude
    40.635004

    FAQs

    What type of property is this?
    Multifamily property - Four-story multifamily property in Clove Lake/Brighton Heights.
    Where is this multifamily property located?
    The property is located at 260 Brighton Ave Staten Island, NY.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: New construction completed in 2024; Enjoy a large living space with 2840.23 sq ft total area; Features two units: A main house with 3 beds and 3 baths, plus a second unit with kitchen/living room and 1 full bath
    More about this property
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