Mixed-Use Building with Salon
4128 Victory Boulevard Staten Island, NY 10314
4128 Victory Boulevard, Staten Island, NY, 10314
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For Sale
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Newly built 2023 mixed-use property with a salon storefront, basement spa, and two rented two-bedroom apartments.
Property Size2,880 SF
Price / SF$486.11
Days on Market151
Property Features for 4128 Victory Boulevard
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Property subtype
- Multifamily, Retail
Building Details
- Year Built
- 2023
Listing agency
Robert Defalco Realty
(718) 987-7900
Listed by
Monica Girgis · License #10401340435
Source
Crexi
Added: Feb 20 Updated: Jul 20 at 5:41PM Checked: Jul 21 at 9:49AM
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 Robert Defalco Realty
Investment Insights
Based on property information with market context.
Located at 4128 Victory Boulevard, Staten Island, this newly built 2023 mixed-use property is set up for immediate income with modern finishes throughout. The first-floor space is a fully renovated salon storefront, with the layout continuing into a fully finished salon spa in the basement. Each level is described as approximately 960 square feet, supporting a seamless operating setup across the main and lower levels.
The storefront tenant also covers the cost of the solar panels, which can help reduce overall operating expenses. Upstairs, there are two spacious two-bedroom apartments, each finished with the same modern quality while designed with its own style. Both apartments are currently rented, providing steady rental income alongside the retail/salon component.
As a newer construction with income-producing residential units and a dedicated salon space, the building is positioned for an owner to maintain a turnkey, multi-level use in a highly visible area just off the highway.
The storefront tenant also covers the cost of the solar panels, which can help reduce overall operating expenses. Upstairs, there are two spacious two-bedroom apartments, each finished with the same modern quality while designed with its own style. Both apartments are currently rented, providing steady rental income alongside the retail/salon component.
As a newer construction with income-producing residential units and a dedicated salon space, the building is positioned for an owner to maintain a turnkey, multi-level use in a highly visible area just off the highway.
Key Highlights
- Newly built 2023 mixed‑use property with salon storefront plus a fully finished basement salon spa
- Approx. 960 SF per level: storefront on the first floor and spa space in the basement
- Upstairs includes two spacious 2‑bedroom apartments, each finished with modern quality
Local 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 | −$5.3k | −$1.84 |
| EGI | $112.2k | $38.96 |
| − OpEx | −$33.7k | −$11.69 |
| NOI | $78.6k | $27.27 |
2,880 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$981.9K – $1.31M
NOI $78,551 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$1.04M
$910.5K – $1.21M
NOI $72,839 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,193 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly built 2023 mixed-use property with a salon storefront, basement spa, and two rented two-bedroom apartments.
Where is this duplex located?
The property is located at 4128 Victory Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Newly built 2023 mixed‑use property with salon storefront plus a fully finished basement salon spa; Approx. 960 SF per level: storefront on the first floor and spa space in the basement; Upstairs includes two spacious 2‑bedroom apartments, each finished with modern quality
