Modern Multifamily
For Sale
$724,998
28 Butler Ter, Staten Island, NY 10301
Constructed in 2016 with modern finishes and convenient access to Brooklyn, Manhattan, and New Jersey.
Property Size1,484 SF
Price / SF$488.54
Days on Market70
Property Features for 28 Butler Ter
General Information
Standard status
Active
Size
1,484 SF
Property subtype
Multi-Family
Additional Details
Asking Price
$759,000
Building Details
Year Built
2016
Listing Agency:
Re/Max Advisors
Listed By:
Rafael Goodman · License #10401385164
Source:
Statenislandhomelistings
Added: Aug 19
Changed: Oct 25
Last Checked: Oct 26 at 4:47PM
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 Re/Max Advisors
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Investment Insights
Based on property information with market context.
This multifamily property at 28 Butler Ter in Staten Island offers 1,484 square feet and was built in 2016. The home features modern finishes and remains in condition consistent with newer construction. It is situated on a quiet dead-end street, providing a residential setting within the North Shore area of Staten Island.
The property offers access to Brooklyn, Manhattan, and New Jersey, supporting regional commuter connectivity. Its combination of recent construction, modern interior finishes, and a defined Staten Island location provides a straightforward multifamily offering for buyers seeking a newer residential property.
The property offers access to Brooklyn, Manhattan, and New Jersey, supporting regional commuter connectivity. Its combination of recent construction, modern interior finishes, and a defined Staten Island location provides a straightforward multifamily offering for buyers seeking a newer residential property.
Key Highlights
- 1,484‑square‑foot multifamily property
- Built in 2016
- Modern finishes and newer‑construction condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,909
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,180
$658.2K
Cap Rate 7%
$470,129
$470.1K
Cap Rate 9%
$365,656
$365.7K
Market Conditions
NOI Build-Up for 1,484 SF
Gross rent
$62.3K $42.00/SF
− Vacancy
−$2.5K −$1.68/SF
EGI
$59.8K $40.32/SF
− OpEx
−$26.9K −$18.14/SF
NOI
$32.9K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,180
Cap Rate 7%
$470,129
Cap Rate 9%
$365,656
Alternative Uses
Best Use
Apartment 5plus
$470.1K
$411.4K – $548.5K
NOI $32,909 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$708.1K
$619.6K – $826.1K
NOI $49,566 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Constructed in 2016 with modern finishes and convenient access to Brooklyn, Manhattan, and New Jersey.
Where is this multifamily property located?
The property is located at 28 Butler Ter Staten Island, NY.
What is the asking price?
The asking price for this property is $724,998.
What are key features of this property?
This property features: 1,484‑square‑foot multifamily property; Built in 2016; Modern finishes and newer‑construction condition
