Attached Two 4-Family
440-442 Saint Marks Place Staten Island, NY 10301
New
MULTI_FAMILY - Staten Island, NY
Property size:
6,352 SFLot size:
0.10 AcresPrice / SF:
$393/SF- Added:
- Jul 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 11:06 am
Property Features for 440-442 Saint Marks Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C4-2
- Bedrooms
- 18
- Bathrooms
- 10
- Rooms
- Bedroom 7, Bedroom 5, Bedroom 12, Bedroom 13, Bedroom 1, Bedroom 9, Bedroom 15, Bedroom 6, Bedroom 3, Bathroom 10, Bedroom 8, Bedroom 16, Bedroom 10, Bathroom 9, Bedroom 18, Bathroom 4, Bathroom 3, Bedroom 17, Bathroom 7, Bathroom 2, Bedroom 14, Bathroom 1, Bathroom 5, Bathroom 8, Bedroom 2, Bedroom 11, Bathroom 6, Bedroom 4
- Parking features
- On Street
- Security features
- Security System
- Basement
- Unfinished
- Standard status
- Active
- Size
- 6,352 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 30054
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1900
- Floors in Building
- 4
- Number of units
- 8
- Building materials
- Brick, Stucco
Listing agent Michael A Martin (917) 974-7540
Listing office Robert DeFalco Realty, Inc. 1678 Hylan Blvd., STATEN ISLAND, NY (718) 987-7900
Listing date Jul 9, 2026
MLS# 2603880
Listing URL
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering features two separate four-family apartment buildings attached to each other, providing a total of eight fully occupied units. The buildings are described as fully renovated and modernized for tenant convenience. The unit mix consists of six two-bedroom apartments and two three-bedroom apartments. Both buildings include basements and backyards, adding functional outdoor space and additional storage or utility areas associated with residential basements.
The property is located at 440-442 Saint Marks Place on Staten Island, Richmond County, New York (10301). The listing notes an attached configuration and highlights that the C4-2 zoning supports mixed-use potential. The remarks also reference transportation convenience, stating the property is minutes from the Staten Island Ferry.
From an owner or buyer standpoint, this setup offers the convenience of managing two attached multifamily buildings under one ownership structure, with all units currently occupied and no rent stabilization mentioned in the public remarks. With basements and backyards on both buildings and the C4-2 zoning designation allowing for mixed-use potential, the property may appeal to investors or operators seeking an established residential income asset with additional development-related considerations noted as unused FAR.
The property is located at 440-442 Saint Marks Place on Staten Island, Richmond County, New York (10301). The listing notes an attached configuration and highlights that the C4-2 zoning supports mixed-use potential. The remarks also reference transportation convenience, stating the property is minutes from the Staten Island Ferry.
From an owner or buyer standpoint, this setup offers the convenience of managing two attached multifamily buildings under one ownership structure, with all units currently occupied and no rent stabilization mentioned in the public remarks. With basements and backyards on both buildings and the C4-2 zoning designation allowing for mixed-use potential, the property may appeal to investors or operators seeking an established residential income asset with additional development-related considerations noted as unused FAR.
Key Highlights
- Two attached 4‑family buildings with 8 total apartments, all fully occupied
- Apartment mix: six 2‑bedroom units and two 3‑bedroom units
- Fully renovated/modernized buildings with basements and backyards
Local Financial Insights For Apartment 5plus
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 | $266.8k | $42.00 |
| − Vacancy | −$10.7k | −$1.68 |
| EGI | $256.1k | $40.32 |
| − OpEx | −$115.3k | −$18.14 |
| NOI | $140.9k | $22.18 |
6,352 SF · lease $42.00/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.01M
$1.76M – $2.35M
NOI $140,862 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.54M
NOI $212,158 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - For sale, two fully occupied, renovated 4-family buildings attached together with basements and backyards.
Where is this apartment building located?
The property is located at 440-442 Saint Marks Place Staten Island, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Two attached 4‑family buildings with 8 total apartments, all fully occupied; Apartment mix: six 2‑bedroom units and two 3‑bedroom units; Fully renovated/modernized buildings with basements and backyards
