51 Cassidy Place, Staten Island, NY 10301
Renovated 6-over-6 income building with a rented second floor and vacant first floor ready for occupancy.
- Added:
- Jun 11, 2026
- Days on Market:
- 26
- Last Refresh:
- Jun 20 at 5:24 am
Property Features for 51 Cassidy Place
General Information
- Standard status
- Active
- Size
- 1,872 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1910
Listing office ROBERT DEFALCO REALTY
Listing date Jun 11, 2026
Source Crexi
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 ROBERT DEFALCO REALTY
HighLights
- Renovated 6‑over‑6 income building (Year Built: 1910)
- Second floor is rented for $3,500
- First floor is vacant and ready for occupancy
- Renovated about 2 years ago
Overview
The asset is located at 51 Cassidy Place on Staten Island, New York. The current rent roll noted in the remarks indicates the second floor is rented for $3,500.
From a tenant or owner-operator standpoint, the current configuration offers both an operating unit and immediate flexibility. With the second floor already in place as a rented space, the building supports an income-producing arrangement while the vacant first floor allows for new occupancy plans at the buyer’s discretion. As with any renovation and mixed-occupancy structure, prospective buyers and brokers should confirm all details during due diligence, including the condition of the finishes and the terms supporting the stated rental amount.
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 | $78.6k | $42.00 |
| − Vacancy | −$3.1k | −$1.68 |
| EGI | $75.5k | $40.32 |
| − OpEx | −$34.0k | −$18.14 |
| NOI | $41.5k | $22.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.095692
- Latitude
- 40.642474
