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Multifamily Property with Studio
For Sale
$1,098,888

35 Georgia Ct, Staten Island, NY 10309

Flexible residence with separate studio-style area, private backyard, finished basement, and parking.

Property Size1,800 SF
Price / SF$610.49
Days on Market97

Property Features for 35 Georgia Ct

General Information

Standard status Active
Size 1,800 SF
Property subtype Multi-Family

Building Details

Year Built 2000
Listing Agency: Plaza Island Properties
Listed By: Dilani Pompeus
Source: Statenislandhomelistings
Added: Aug 2 Changed: Nov 1 Last Checked: Nov 4 at 2:38PM

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 Plaza Island Properties

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Investment Insights

Based on property information with market context.

This 1,800-square-foot multifamily property, built in 2000, offers a layered layout with hardwood floors, multiple staircases, and three-zone central air conditioning. The main level includes separate living and dining rooms, an eat-in kitchen, a half bathroom, and sliding doors opening to the backyard. Upstairs are three bedrooms, including a primary suite with a private full bathroom, along with an additional full bathroom. The finished basement adds a family room and three-quarter bathroom.

A separate side entrance leads to a studio-style area with its own kitchen and bathroom, with potential for a separate bedroom. The property also includes abundant storage, a private backyard, a driveway for two cars, and off-street parking. Located at 35 Georgia Court, the home sits on a private court shared by four homes, with access from Amboy Road. The roof was completed in 2021, and one AC unit was replaced in 2025.

Key Highlights

  • 1,800‑square‑foot property built in 2000
  • Studio‑style area with separate kitchen, bathroom, and side entrance
  • Three‑zone central air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,917
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,340 $798.3K
Cap Rate 7%
$570,243 $570.2K
Cap Rate 9%
$443,522 $443.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$75.6K $42.00/SF
− Vacancy
−$3.0K −$1.68/SF
EGI
$72.6K $40.32/SF
− OpEx
−$32.7K −$18.14/SF
NOI
$39.9K $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%
$798,340
Cap Rate 7%
$570,243
Cap Rate 9%
$443,522

Alternative Uses

Best Use
Apartment 5plus
$570.2K
$499.0K – $665.3K (±1% cap)
NOI $39,917 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$858.9K
$751.5K – $1.00M (±1% cap)
NOI $60,120 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby

Demographics for 10309, NY

33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Flexible residence with separate studio-style area, private backyard, finished basement, and parking.
Where is this multifamily property located?
The property is located at 35 Georgia Ct Staten Island, NY.
What is the asking price?
The asking price for this property is $1,098,888.
What are key features of this property?
This property features: 1,800‑square‑foot property built in 2000; Studio‑style area with separate kitchen, bathroom, and side entrance; Three‑zone central air conditioning
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