Multifamily
For Sale
$399,999
Pending
52 Mayberry Promenade, Staten Island, NY 10312
A 1975-built residential income property measures 1,260 square feet.
Property Size1,260 SF
Days on Market20
Property Features for 52 Mayberry Promenade
General Information
Standard status
Pending
Size
1,260 SF
Property subtype
Multi-Family
Building Details
Year Built
1975
Listing Agency:
Revolution Realty Group
Listed By:
Salvatore Taormina · License #10301210276
(718) 938-0662
Source:
Statenislandhomelistings
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 19 at 6:43AM
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 Revolution Realty Group
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Investment Insights
Based on property information with market context.
This 1,260-square-foot multifamily property was built in 1975. The house is a shell, and access is limited to a drive-by viewing; showings are not available. The seller will consider cash offers only.
Key Highlights
- 1,260‑square‑foot multifamily property
- Built in 1975
- House is a shell
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,393
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,860
$547.9K
Cap Rate 7%
$391,329
$391.3K
Cap Rate 9%
$304,367
$304.4K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$54.4K $43.20/SF
− Vacancy
−$4.6K −$3.67/SF
EGI
$49.8K $39.53/SF
− OpEx
−$22.4K −$17.79/SF
NOI
$27.4K $21.74/SF
Area
ZIP 10312
Vacancy
8.50%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,860
Cap Rate 7%
$391,329
Cap Rate 9%
$304,367
Alternative Uses
Best Use
Apartment 5plus
$391.3K
$342.4K – $456.6K
NOI $27,393 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$601.2K
$526.1K – $701.4K
NOI $42,084 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - A 1975-built residential income property measures 1,260 square feet.
Where is this multifamily property located?
The property is located at 52 Mayberry Promenade Staten Island, NY.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: 1,260‑square‑foot multifamily property; Built in 1975; House is a shell
