Residential Income
For Sale
$1,590,000
403 Patterson Ave, Staten Island, NY 10305
A full finished basement provides storage space and walk-out access.
Property Size5,523 SF
Days on Market61
Property Features for 403 Patterson Ave
General Information
Standard status
Active
Size
5,523 SF
Total Parking Spaces
8
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1.00
Amenities
Hot Water
Finished, Full, Storage Space, Walk-Out Access
Driveway, Parking Lot
Building Details
Building Size
5,523 SF
Year Built
2026
Listing Agency:
Royalux Realty LLC
Listed By:
Linying Zheng · License #10401262819
(516) 777-0887
Source:
Evrealestate
Added: Aug 29
Changed: Oct 27
Last Checked: Oct 26 at 4:08PM
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
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Investment Insights
Based on property information with market context.
Built in 2026, this residential income property has hot-water service and a full finished basement with storage and walk-out access. Exterior parking is available via a driveway and parking lot.
Key Highlights
- Year built: 2026
- Full finished basement with storage space and walk‑out access
- Hot‑water service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,414
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,668,280
$2.7M
Cap Rate 7%
$1,905,914
$1.9M
Cap Rate 9%
$1,482,378
$1.5M
Market Conditions
NOI Build-Up for 5,523 SF
Gross rent
$265.1K $48.00/SF
− Vacancy
−$22.5K −$4.08/SF
EGI
$242.6K $43.92/SF
− OpEx
−$109.2K −$19.76/SF
NOI
$133.4K $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%
$2,668,280
Cap Rate 7%
$1,905,914
Cap Rate 9%
$1,482,378
Alternative Uses
Best Use
Apartment 5plus
$1.91M
$1.67M – $2.22M
NOI $133,414 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.64M
$2.31M – $3.07M
NOI $184,469 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,810
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - A full finished basement provides storage space and walk-out access.
Where is this residential income property located?
The property is located at 403 Patterson Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Year built: 2026; Full finished basement with storage space and walk‑out access; Hot‑water service
