Vacant Three-Unit Residential
For Sale
$925,000
42 Brighton Avenue, Staten Island, NY 10301
Separate utilities serve each apartment, with nearby bus routes and ferry access.
Property Size2,580 SF
Price / SF$358.53
Days on Market11
Property Features for 42 Brighton Avenue
General Information
Standard status
Active
Size
2,580 SF
Property subtype
Residential Income
Zoning
R3A
Units
Unit Mix
1 x 2BR, 2 x 3BR
Multifamily Units
3
Individually Metered Utilities
unspecified utilities
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,592
Amenities
large backyard
Building Details
Building Size
2,580 SF
Year Built
1935
Buildings
1
Units
3
Listing Agency:
Ben Bay Realty Co of SI
(718) 370-0330
Listed By:
Nicholas Venturini · License #NV3472
(347) 543-2741
Source:
Connieprofaci
Added: Oct 14
Changed: Oct 23
Last Checked: Oct 23 at 3:20PM
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 Ben Bay Realty Co of SI
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Investment Insights
Based on property information with market context.
This 2,580-square-foot triplex was built in 1935 and is zoned R3A. Its three apartments comprise a two-bedroom unit on the first floor and two three-bedroom units on the floors above. Each apartment has one full bathroom and separate utilities. The property includes a backyard and will be vacant at closing.
Bus routes S42, S46, S52, and S96 serve the area. The St. George Ferry Terminal is a short distance away, with ferry service to Lower Manhattan.
Bus routes S42, S46, S52, and S96 serve the area. The St. George Ferry Terminal is a short distance away, with ferry service to Lower Manhattan.
Key Highlights
- Three apartments: one two‑bedroom unit and two three‑bedroom units
- 2,580 square feet; built in 1935
- Each apartment has one full bathroom and separate utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,160
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,200
$1.3M
Cap Rate 7%
$916,571
$916.6K
Cap Rate 9%
$712,889
$712.9K
Market Conditions
NOI Build-Up for 2,580 SF
Gross rent
$96.0K $37.20/SF
− Vacancy
−$4.3K −$1.67/SF
EGI
$91.7K $35.53/SF
− OpEx
−$27.5K −$10.66/SF
NOI
$64.2K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,200
Cap Rate 7%
$916,571
Cap Rate 9%
$712,889
Alternative Uses
Best Use
Multifamily LT 5
$916.6K
$802.0K – $1.07M
NOI $64,160 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$817.3K
$715.2K – $953.6K
NOI $57,214 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,173 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
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Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Separate utilities serve each apartment, with nearby bus routes and ferry access.
Where is this triplex located?
The property is located at 42 Brighton Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Three apartments: one two‑bedroom unit and two three‑bedroom units; 2,580 square feet; built in 1935; Each apartment has one full bathroom and separate utilities
