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Mixed-Use Building with Rooftop Deck
For Sale
$700,000

430 Castleton Ave, Staten Island, NY 10301

A commercial ground floor is paired with a two-bedroom apartment featuring hardwood floors and a modern kitchen.

Property Size1,932 SF
Price / SF$362.32
Days on Market8

Property Features for 430 Castleton Ave

General Information

Standard status Active
Size 1,932 SF
Property subtype Multi-Family

Additional Details

Utilities to Site Yes

Building Details

Year Built 1920
Buildings 1
Listing Agency: Master Associates Inc.
Listed By: Louis L Rizzo · License #30RI0802013
Source: Statenislandhomelistings
Added: Oct 13 Changed: Oct 19 Last Checked: Oct 19 at 2:48PM

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 Master Associates Inc.

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Investment Insights

Based on property information with market context.

This mixed-use building, constructed in 1920, combines a large commercial space on the first floor with a two-bedroom apartment above. The residence includes a living room, dining room, full bath, and modern kitchen. Hardwood floors, air conditioning, Andersen windows, and granite countertops are among its interior features. A door from the kitchen opens onto a rooftop deck fitted with a retractable awning.

The basement is half finished, with utilities and high ceilings. The property contains 1,932 square feet and is located at 430 Castleton Ave, Staten Island, NY 10301.

Key Highlights

  • 1,932‑square‑foot mixed‑use property
  • Large commercial area occupies the first floor
  • Second‑floor apartment has two bedrooms, living and dining rooms, and a full bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,235
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,700 $884.7K
Cap Rate 7%
$631,929 $631.9K
Cap Rate 9%
$491,500 $491.5K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$74.2K $38.40/SF
− Vacancy
−$15.2K −$7.87/SF
EGI
$59.0K $30.53/SF
− OpEx
−$14.7K −$7.63/SF
NOI
$44.2K $22.90/SF
Area
Staten Island, NY
Vacancy
20.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,700
Cap Rate 7%
$631,929
Cap Rate 9%
$491,500

Alternative Uses

Best Use
Office B
$631.9K
$552.9K – $737.3K (±1% cap)
NOI $44,235 @ 7.0% cap · market cap 6.32%
Second Best
Retail
$594.0K
$519.7K – $693.0K (±1% cap)
NOI $41,578 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$921.8K
$806.6K – $1.08M (±1% cap)
NOI $64,529 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Neal's Upholstery Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,177
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A commercial ground floor is paired with a two-bedroom apartment featuring hardwood floors and a modern kitchen.
Where is this mixed-use property located?
The property is located at 430 Castleton Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,932‑square‑foot mixed‑use property; Large commercial area occupies the first floor; Second‑floor apartment has two bedrooms, living and dining rooms, and a full bath
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