Mixed-Use Corner
4132 Victory Boulevard Staten Island, NY 10314
4132 Victory Boulevard, Staten Island, NY, 10314
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For Sale
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Newly constructed 2023 corner building combines a ground-floor studio with two upstairs rental apartments and rear paved parking.
Property Size2,880 SF
Price / SF$486.11
Days on Market152
Property Features for 4132 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 22 at 1:19PM Checked: Jul 22 at 1:19PM
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.
Newly constructed in 2023, this mixed-use corner building offers a versatile ground level and two finished residential units upstairs. The ground floor is currently occupied by a ballerina studio, with both the first floor and the fully finished basement being used for the studio space. The layout is open and adaptable, with approximately 960 square feet available on each level, supporting a range of future commercial uses. Upstairs, there are two modern two-bedroom apartments finished with contemporary touches.
The property is positioned on a corner just off the highway in a high-traffic, highly visible area. A paved rear parking area adds convenience for both commercial and residential occupants.
Both residential units are currently rented at $2,000 per month, providing established income while the ground level remains available to reconfigure for another approved use, subject to applicable requirements.
The property is positioned on a corner just off the highway in a high-traffic, highly visible area. A paved rear parking area adds convenience for both commercial and residential occupants.
Both residential units are currently rented at $2,000 per month, providing established income while the ground level remains available to reconfigure for another approved use, subject to applicable requirements.
Key Highlights
- Newly constructed 2023 mixed‑use corner building with ground‑floor studio plus two upstairs rental apartments
- Ground level includes a ballerina studio on first floor and fully finished basement, with ~960 SF on each level
- Two modern 2‑bedroom apartments upstairs; both units are currently rented for $2,000/month each
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
Office B
$1.05M
$922.1K – $1.23M
NOI $73,771 @ 7.0% cap · market cap 5.27%
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 constructed 2023 corner building combines a ground-floor studio with two upstairs rental apartments and rear paved parking.
Where is this duplex located?
The property is located at 4132 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 constructed 2023 mixed‑use corner building with ground‑floor studio plus two upstairs rental apartments; Ground level includes a ballerina studio on first floor and fully finished basement, with ~960 SF on each level; Two modern 2‑bedroom apartments upstairs; both units are currently rented for $2,000/month each
