Residential Income Property with High
For Sale
$1,180,000
399 Patterson Ave, Staten Island, NY 10305
Finished interior features include cathedral ceilings, hot-water service, and wall or window units.
Property Size3,450 SF
Days on Market62
Property Features for 399 Patterson Ave
General Information
Standard status
Active
Size
3,450 SF
Total Parking Spaces
2
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1.00
Amenities
Wall/Window Unit(s)
Hot Water
Finished
Cathedral Ceiling(s), High Ceilings
Driveway
Building Details
Building Size
3,450 SF
Year Built
2026
Listing Agency:
Royalux Realty LLC
Listed By:
Linying Zheng · License #10401262819
(516) 777-0887
Source:
Evrealestate
Added: Aug 28
Changed: Oct 25
Last Checked: Oct 26 at 4:07PM
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 Royalux Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property has a finished interior with cathedral ceilings and additional high ceilings. Wall or window units provide heating or cooling, and hot water is available. A driveway is included with the property.
The building was constructed in 2026 and is located in Staten Island, New York.
The building was constructed in 2026 and is located in Staten Island, New York.
Key Highlights
- Built in 2026
- Finished interior with cathedral and high ceilings
- Wall or window units and hot‑water service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,338
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,666,760
$1.7M
Cap Rate 7%
$1,190,543
$1.2M
Cap Rate 9%
$925,978
$926.0K
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$165.6K $48.00/SF
− Vacancy
−$14.1K −$4.08/SF
EGI
$151.5K $43.92/SF
− OpEx
−$68.2K −$19.76/SF
NOI
$83.3K $24.16/SF
Area
ZIP 10305
Vacancy
8.50%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,666,760
Cap Rate 7%
$1,190,543
Cap Rate 9%
$925,978
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,338 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,231 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,810
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Finished interior features include cathedral ceilings, hot-water service, and wall or window units.
Where is this residential income property located?
The property is located at 399 Patterson Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Built in 2026; Finished interior with cathedral and high ceilings; Wall or window units and hot‑water service
