Semi-Detached Multifamily
37 Clifton Avenue Staten Island, NY 10305
For Sale
Contact for pricing
Well-maintained three-unit building with individually metered utilities, on-site laundry, and off-street parking for up to 8 vehicles.
Property Size2,880 SF
Price / SF$503.47
Days on Market170
Property Features for 37 Clifton Avenue
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2005
Listing Agency:
Molcho Realty Group
(732) 289-3900
Listed By:
Maurice Molcho · License #10301216355
Source:
Crexi
Added: Feb 6
Changed: Jul 23
Last Checked: Jul 25 at 4:25AM
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 Molcho Realty Group
Investment Insights
Based on property information with market context.
This well-maintained semi-detached multifamily building contains three residential units: one 1-bedroom apartment and two 2-bedroom apartments. Each unit is individually metered, with tenants responsible for heat, hot water, and electricity, as well as their proportionate share of water, helping keep owner expenses contained. The property also includes on-site laundry facilities and private off-street parking for up to 8 vehicles.
The building is located in the Rosebank neighborhood of Staten Island and is described as convenient to transportation, shopping, and major commuter routes.
This is a three-unit, individually metered income property with dedicated parking and laundry on-site.
The building is located in the Rosebank neighborhood of Staten Island and is described as convenient to transportation, shopping, and major commuter routes.
This is a three-unit, individually metered income property with dedicated parking and laundry on-site.
Key Highlights
- Well‑maintained semi‑detached multi‑family building built in 2005 in Rosebank, Staten Island
- Three residential units: one 1‑bedroom and two 2‑bedroom apartments
- Individually metered utilities; tenants pay heat, hot water, electricity, and a proportionate share of water
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 | $117.5k | $40.80 |
| − Vacancy | −$9.5k | −$3.29 |
| EGI | $108.0k | $37.51 |
| − OpEx | −$32.4k | −$11.25 |
| NOI | $75.6k | $26.26 |
2,880 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$945.2K – $1.26M
NOI $75,615 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$993.8K
$869.6K – $1.16M
NOI $69,569 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,193 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained three-unit building with individually metered utilities, on-site laundry, and off-street parking for up to 8 vehicles.
Where is this triplex located?
The property is located at 37 Clifton Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Well‑maintained semi‑detached multi‑family building built in 2005 in Rosebank, Staten Island; Three residential units: one 1‑bedroom and two 2‑bedroom apartments; Individually metered utilities; tenants pay heat, hot water, electricity, and a proportionate share of water
