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    Spacious Multifamily Property Near Clove Lake Title is generated by Realmo AI

    262 Brighton Ave, Staten Island, NY 10301

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    Four-story multifamily property with open floor plan and large lot.

    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 9:23 pm

    Property Features for 262 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 (2024)
    • Boasting a large total living space: 2840.23 sq ft
    • Spacious 6235 sq ft lot
    • Features 4 bedrooms and 4 bathrooms
    • Large open floor plan allows for custom kitchen
    • Basement with large windows and natural light

    Overview

    Located in Clove Lake/Brighton Height Town, this four-story multifamily property offers 2840.23 square feet of living space on a 6235 square foot lot. The building includes a basement and three additional floors. Level 1 comprises 767.67 square feet, Level 2 offers 776.09 square feet, and Level 3 provides 753.35 square feet. The basement measures 486.16 square feet. The house features a large open floor plan ready for a custom kitchen and tiled flooring. It includes four bedrooms, four bathrooms, a laundry room, and a one-car garage. The basement benefits from large windows and rooms filled with natural light.

    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 Daycare Center

    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
    -74.09639
    Latitude
    40.635136

    FAQs

    What type of property is this?
    Multifamily property - Four-story multifamily property with open floor plan and large lot.
    Where is this multifamily property located?
    The property is located at 262 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 (2024); Boasting a large total living space: 2840.23 sq ft; Spacious 6235 sq ft lot
    More about this property
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