Newly Renovated Four-Family Residence

48 Tompkins Circle Staten Island, NY 10301

Claim this Listing
For Sale
$1,595,000

MULTI_FAMILY - Staten Island, NY

Property size:
5,000 SF
Lot size:
0.14 Acres
Price / SF:
$319/SF
Added:
Jun 10, 2026
Days on Market:
33
Last Refresh:
Jul 12 at 7:06 am

Property Features for 48 Tompkins Circle

General Information

Property type
Residential Multi Family
Property subtype
Other
Bathrooms
6
Rooms
Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 1
Interior features
A/C Unit
Basement
Full
Standard status
Active
Size
5,000 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Annual Amount
23636

Building Details

Number of units
4
Flooring type
Hardwood
Roof type
Asphalt

Listing agent Lin Liu

Listing office Ashford Homes LLC 95 Guyon Ave, Staten Island, NY

Listing date Jun 10, 2026

MLS# 502203 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.

48 Tompkins Circle is a move-in-ready four-family residence presented as newly renovated. The property is configured as four separate dwelling units within a single building, and it features soaring ceilings exceeding 11 feet along with abundant natural light. Updates are described as modernized throughout, combining historic character with recent improvements for an updated, turn-key living environment.

The home sits on a hilltop on Staten Island’s North Shore, with multiple vantage points offering panoramic views of the Manhattan skyline, New York Harbor, and the Verrazzano-Narrows Bridge. The setting is positioned near the Staten Island Ferry, Empire Outlets, waterfront attractions, shopping, dining, and public transportation.

This property may fit investors seeking a turnkey, income-producing asset and owner-occupants interested in offsetting expenses with rental income. With four units, tall-ceiling living spaces, and recently renovated condition, it offers a practical option for those looking for a multi-family residence that is ready to move into or deploy in a rental program without waiting on renovation work.

Key Highlights

  • Newly renovated, move‑in‑ready four‑family residence
  • Panoramic views of the Manhattan skyline, New York Harbor, and the Verrazzano‑Narrows Bridge from multiple vantage points
  • Soaring ceilings exceeding 11 feet with natural light

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 $186.0k $37.20
− Vacancy −$8.4k −$1.67
EGI $177.6k $35.53
− OpEx −$53.3k −$10.66
NOI $124.3k $24.87
5,000 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.78M
$1.55M – $2.07M (±1% cap)
NOI $124,341 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$1.58M
$1.39M – $1.85M (±1% cap)
NOI $110,880 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$2.39M
$2.09M – $2.78M (±1% cap)
NOI $167,001 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Dental Office Acupuncture (Bike/Boat/Book/etc) Store Accounting Firm Computer & Electronic Repair Home Appliance Store Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Move-in-ready four-family home with updated interiors and tall ceilings designed to support comfortable tenant living.
Where is this quadplex located?
The property is located at 48 Tompkins Circle Staten Island, NY.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Newly renovated, move‑in‑ready four‑family residence; Panoramic views of the Manhattan skyline, New York Harbor, and the Verrazzano‑Narrows Bridge from multiple vantage points; Soaring ceilings exceeding 11 feet with natural light
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