Mixed-Use Property with Commercial
For Sale
$850,000
3020 Richmond Terrace, Staten Island, NY 10303
Commercial Sale, Staten Island, NY
Property Size2,600 SF
Price / SF$326.92
Days on Market102
Property Features for 3020 Richmond Terrace
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Subdivision
Mariner's Harbor
High school district
000000
Standard status
Active
Size
2,600 SF
Amenities
half bath
Building Details
Architectural style
Other
Listing Agency:
Compass
(646) 982-0353
Listed By:
Sarah Yu
Added: Jul 8
Changed: Oct 16
Last Checked: Oct 17 at 6:06PM
MLS# 11875024
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2020, this mixed-use property combines commercial and residential components in a two-level configuration. The ground floor provides an open commercial area with a half bath, while the upper level contains a residence with one full bath, front and rear balconies, and washer and dryer hookups. The property totals 2,600 square feet and is maintained in contemporary condition.
A general parking area accommodates five or more vehicles. The property is near MTA bus lines, shopping, dining, and the Bayonne Bridge, providing access to established transportation and commercial amenities. Its layout supports combined business and residential occupancy within the same building.
A general parking area accommodates five or more vehicles. The property is near MTA bus lines, shopping, dining, and the Bayonne Bridge, providing access to established transportation and commercial amenities. Its layout supports combined business and residential occupancy within the same building.
Key Highlights
- Mixed‑use building constructed in 2020
- 2,600‑square‑foot property with commercial and residential components
- Open ground‑floor commercial area with half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,954
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,080
$1.1M
Cap Rate 7%
$799,343
$799.3K
Cap Rate 9%
$621,711
$621.7K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$87.4K $33.60/SF
− Vacancy
−$7.4K −$2.86/SF
EGI
$79.9K $30.74/SF
− OpEx
−$24.0K −$9.22/SF
NOI
$56.0K $21.52/SF
Area
Staten Island, NY
Vacancy
8.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,080
Cap Rate 7%
$799,343
Cap Rate 9%
$621,711
Alternative Uses
Best Use
Retail
$799.3K
$699.4K – $932.6K
NOI $55,954 @ 7.0% cap · market cap 6.58%
Second Best
Mixed Use
$735.4K
$643.5K – $858.0K
NOI $51,480 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,841 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
CubeSmart Self Storage
Shops & Services
2,679 visits/mo
0.1 miles
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines an open commercial floor with an upstairs residence and on-site vehicle parking.
Where is this mixed-use property located?
The property is located at 3020 Richmond Terrace Staten Island, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Mixed‑use building constructed in 2020; 2,600‑square‑foot property with commercial and residential components; Open ground‑floor commercial area with half bath
