Two Attached Fourplex
440-442 Saint Marks Place Staten Island, NY 10301
For Sale
$2,500,000
MULTI_FAMILY - Staten Island, NY
Property Size6,352 SF
Lot Size0.10 Acres
Price / SF$393.58
Days on Market18
Property Features for 440-442 Saint Marks Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- C4-2
- Bedrooms
- 18
- Bathrooms
- 10
- Rooms
- Bathroom 7, Bedroom 16, Bathroom 10, Bathroom 4, Bathroom 1, Bathroom 9, Bedroom 5, Bedroom 17, Bedroom 18, Bedroom 13, Bathroom 6, Bedroom 2, Bathroom 5, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 11, Bedroom 15, Bedroom 7, Bathroom 8, Bedroom 10, Bedroom 1, Bedroom 12, Bedroom 14, Bedroom 9, Bedroom 8, Bedroom 3, Bedroom 6
- 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 Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Michael A Martin
(917) 974-7540
Added: Jul 9
Changed: Jul 24
Last Checked: Jul 26 at 4:06PM
MLS# 2603880
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.
The property consists of two attached four-family buildings containing eight total apartments, with six two-bedroom units and two three-bedroom units. Public remarks state that both buildings are fully renovated and modernized, and that each building includes a basement and a backyard.
The site is zoned C4-2, which supports mixed-use potential. The listing also notes additional development potential related to unused FAR, and describes transportation convenience to and from Manhattan via Staten Island Ferry.
Set up as two separate four-unit structures attached to each other, the configuration may appeal to buyers seeking consolidated management of multiple income-producing units within a single lot.
The site is zoned C4-2, which supports mixed-use potential. The listing also notes additional development potential related to unused FAR, and describes transportation convenience to and from Manhattan via Staten Island Ferry.
Set up as two separate four-unit structures attached to each other, the configuration may appeal to buyers seeking consolidated management of multiple income-producing units within a single lot.
Key Highlights
- Two attached 4‑family buildings with 8 total apartments (six 2‑bedroom units and two 3‑bedroom units)
- All 8 apartments are fully occupied
- Both buildings reportedly fully renovated and modernized, with basements and backyards
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
FAQs
What type of property is this?
Apartment building - Two attached fully occupied four-family buildings offer six two-bedroom units and two three-bedroom units.
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 (six 2‑bedroom units and two 3‑bedroom units); All 8 apartments are fully occupied; Both buildings reportedly fully renovated and modernized, with basements and backyards
