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43-Unit Brick Apartment Building

646-662 Port Richmond Ave, Staten Island, NY 10302

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For Sale

$10,800,000

Garden-style apartment building with parking in Port Richmond.

Type:Commercial

Property size:

27,152 SF

Lot size:

0.83 Acres

Price / SF:

$397/SF

Listing Contact

Giovanna Cardinale

Real Estate License ID: 40CA1050108

HighLights

43‑unit all brick garden style apartment building
39 private parking spaces on property
Relatively new roof and state‑of‑the‑art heating system
Located in Staten Island, offering access to New York City amenities
Good transit options with city buses to Brooklyn, Manhattan, and Staten Island Mall
Large 6,000 sq ft basement with laundry area

Learn more

For Sale

$10,800,000

Garden-style apartment building with parking in Port Richmond.

Type:Commercial

Property size:

27,152 SF

Lot size:

0.83 Acres

Price / SF:

$397/SF

Added:: Mar 31, 2026
Days on Market:: 73
Last Refresh:: Mar 31 at 4:34 am

Property Features for 646-662 Port Richmond Ave

General Information

Standard status: Active
Size: 27,152 SF
Lot size: 0.83 Acres
Property subtype: Commercial

Building Details

Year Built: 1974

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Listing Contact

Giovanna Cardinale

Listing agent Giovanna Cardinale License #40CA1050108

Listing office Neuhaus Realty, Inc.

Listing date Mar 31, 2026

Source Elliman

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 Neuhaus Realty, Inc.

HighLights

43‑unit all brick garden style apartment building
39 private parking spaces on property
Relatively new roof and state‑of‑the‑art heating system
Located in Staten Island, offering access to New York City amenities
Good transit options with city buses to Brooklyn, Manhattan, and Staten Island Mall
Large 6,000 sq ft basement with laundry area

Overview

This 27,152 square foot, all-brick, U-shaped garden-style apartment building contains 43 units. The building is not rent stabilized. The unit mix includes 13 two-bedroom apartments, 17 one-bedroom apartments, and 12 studio apartments, as well as a large first-floor office. The property features a 5-year-old roof and an 8-year-old heating system. A large 6,000 square foot basement includes a laundry area. The property lot measures 200 by 180 feet and includes 39 private parking spaces. Located in the Port Richmond neighborhood of Staten Island, New York, the property offers convenient access to shopping and city buses to Brooklyn, Manhattan, and the Staten Island Mall.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.14M	$42.00
− Vacancy	−$45.6k	−$1.68
EGI	$1.09M	$40.32
− OpEx	−$492.6k	−$18.14
NOI	$602.1k	$22.18

27,152 SF · lease $42.00/SF/yr · vacancy 4.00% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$8.60M

$7.53M – $10.04M (±1% cap)

NOI $602,123 @ 7.0% cap · market cap 5.58%

Second Best

—

no second resolved use

Theoretical Best

Office A

$12.96M

$11.34M – $15.11M (±1% cap)

NOI $906,883 @ 7.0% cap · market cap 8.40%

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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

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Local Demand

City: Staten Island
County: Richmond
State: New York
Longitude: -74.142262
Latitude: 40.627615

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For sale
Apartment buildings
NY
Staten Island
10302
646-662 Port Richmond Ave

What type of property is this?

Apartment building - Garden-style apartment building with parking in Port Richmond.

Where is this apartment building located?

The property is located at 646-662 Port Richmond Ave Staten Island, NY.

What is the asking price?

The asking price for this property is $10,800,000.

What are key features of this property?

This property features: 43‑unit all brick garden style apartment building; 39 private parking spaces on property; Relatively new roof and state‑of‑the‑art heating system