Mixed-Use Residential and Retail
262 Maine Avenue Staten Island, NY 10314
262 Maine Avenue, Staten Island, NY, 10314
Contact for pricing
For Sale
Contact for pricing
Pending
Well-maintained mixed-use building with two vacant apartments and a ground-level retail store.
Property Size2,280 SF
Days on Market196
Property Features for 262 Maine Avenue
General Information
- Standard status
- Pending
- Size
- 2,280 SF
- Property subtype
- Business for Sale, Office, Mixed Use
Building Details
- Year Built
- 1947
Listing agency
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed by
Skender Alex Fici · License #10301209813
Source
Crexi
Added: Jan 6 Updated: Jul 21 at 3:50AM Checked: Jul 21 at 3:50AM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
This well-maintained mixed-use building includes two updated two-bedroom apartments on the first and second floors. Each apartment features individual heating and hot-water units, with hardwood floors throughout. The ground level is a spacious front retail store, also equipped with its own heating and hot-water system.
A separate garage and a two-car driveway are located at the rear of the property. The residential units and the retail store will be delivered vacant for the convenience of a new owner.
Overall, the building presents a combined residential-and-retail configuration with separate utilities for the apartments and the ground-level store.
A separate garage and a two-car driveway are located at the rear of the property. The residential units and the retail store will be delivered vacant for the convenience of a new owner.
Overall, the building presents a combined residential-and-retail configuration with separate utilities for the apartments and the ground-level store.
Key Highlights
- Well‑maintained mixed‑use building built in 1947 with residential and retail space
- First- and second‑floor units each offer updated 2‑bedroom apartments with individual heating and hot‑water units
- Hardwood floors throughout both apartments
Local Financial Insights For Multifamily LT 5
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 | $93.0k | $40.80 |
| − Vacancy | −$4.2k | −$1.84 |
| EGI | $88.8k | $38.96 |
| − OpEx | −$26.7k | −$11.69 |
| NOI | $62.2k | $27.27 |
2,280 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$888.4K
$777.3K – $1.04M
NOI $62,187 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$823.8K
$720.8K – $961.1K
NOI $57,664 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$1.09M
$951.9K – $1.27M
NOI $76,153 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
City Plumbing and Heating
General Contractor
Joe Centner Realty
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained mixed-use building with two vacant apartments and a ground-level retail store.
Where is this duplex located?
The property is located at 262 Maine Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Well‑maintained mixed‑use building built in 1947 with residential and retail space; First- and second‑floor units each offer updated 2‑bedroom apartments with individual heating and hot‑water units; Hardwood floors throughout both apartments
