Mixed-Use Property with
For Sale
$1,550,000
339 Lincoln Avenue, Staten Island, NY 10306
Commercial, Staten Island, NY
Property Size4,475 SF
Lot Size0.11 Acres
Price / SF$346.37
Days on Market92
Property Features for 339 Lincoln Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R3-1
Subdivision
Midland Beach
Standard status
Active
Size
4,475 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
17800
Building Details
Number of units
3
Flooring type
Tile
Building materials
Brick
Roof type
Asphalt
Listing Agency:
Reliance Realty One LLC
(646) 881-6225
Listed By:
Tsun M. (Calvin) Lau · License #10301216684
(917) 332-8987
Added: Jun 17
Changed: Sep 7
Last Checked: Sep 16 at 6:06AM
MLS# 502373
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property contains 4,475 square feet across three fully leased units. The first floor is occupied by a retail nail salon, while the second floor provides a private office suite. A standalone industrial warehouse is positioned at the rear of the lot, adding a separate masonry-brick building for storage, distribution, or contractor use.
The property sits on a 4,949-square-foot lot and includes 14-foot clear ceiling heights and a 12-foot rollup door at the warehouse. Additional construction details include brick materials, tile flooring, and an asphalt roof. Zoning is R3-1. The location is minutes from the Grant City Staten Island Railway station and major traffic arteries.
The property sits on a 4,949-square-foot lot and includes 14-foot clear ceiling heights and a 12-foot rollup door at the warehouse. Additional construction details include brick materials, tile flooring, and an asphalt roof. Zoning is R3-1. The location is minutes from the Grant City Staten Island Railway station and major traffic arteries.
Key Highlights
- Three fully leased units totaling 4,475 square feet
- 4,949‑square‑foot lot with a standalone rear warehouse
- 14‑foot clear ceiling heights in the industrial warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$121,671
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,433,420
$2.4M
Cap Rate 7%
$1,738,157
$1.7M
Cap Rate 9%
$1,351,900
$1.4M
Market Conditions
NOI Build-Up for 4,475 SF
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.
Gross rent
$204.1K $45.60/SF
− Vacancy
−$41.8K −$9.35/SF
EGI
$162.2K $36.25/SF
− OpEx
−$40.6K −$9.06/SF
NOI
$121.7K $27.19/SF
Area
ZIP 10306
Vacancy
20.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,433,420
Cap Rate 7%
$1,738,157
Cap Rate 9%
$1,351,900
Alternative Uses
Best Use
Office B
$1.74M
$1.52M – $2.03M
NOI $121,671 @ 7.0% cap · market cap 7.85%
Second Best
Retail
$1.38M
$1.20M – $1.61M
NOI $96,306 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M
NOI $149,466 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
14 ft
Clear height
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,539
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased three-unit property combining retail, office, and standalone warehouse space.
Where is this mixed-use property located?
The property is located at 339 Lincoln Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Three fully leased units totaling 4,475 square feet; 4,949‑square‑foot lot with a standalone rear warehouse; 14‑foot clear ceiling heights in the industrial warehouse
