Vacant Staten Island
For Sale
Contact for pricing
65 Union Avenue, Staten Island, NY 10303
Fully vacant triplex with separate entrances, meters, and large yard.
Property Size2,200 SF
Price / SF$331.82
Days on Market220
Property Features for 65 Union Avenue
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Multifamily
Zoning
R3 A
Building Details
Year Built
1920
Stories
2
Units
2
Listing Agency:
Revolution Real Estate
Listed By:
Salvatore Taormina · License #000000
Source:
Crexi
Added: Feb 27
Changed: Oct 1
Last Checked: Oct 4 at 10:00AM
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 Real Estate
Investment Insights
Based on property information with market context.
This is a triplex property where each apartment has a separate entrance and separated meters. The driveway can accommodate four cars, and there is a large yard. The basement is accessible from the first floor or through a separate back entrance. A full attic is present and could potentially be converted into two additional bedrooms. The property is delivered fully vacant.
Key Highlights
- Fully vacant 6‑unit apartment building, ready for immediate occupancy or renovation.
- Separate entrances and meters for each apartment, simplifying management and tenant billing.
- Driveway with space for four cars, a valuable amenity.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,710
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,094,200
$1.1M
Cap Rate 7%
$781,571
$781.6K
Cap Rate 9%
$607,889
$607.9K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$81.8K $37.20/SF
− Vacancy
−$3.7K −$1.67/SF
EGI
$78.2K $35.53/SF
− OpEx
−$23.4K −$10.66/SF
NOI
$54.7K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,094,200
Cap Rate 7%
$781,571
Cap Rate 9%
$607,889
Alternative Uses
Best Use
Multifamily LT 5
$781.6K
$683.9K – $911.8K
NOI $54,710 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$697.0K
$609.8K – $813.1K
NOI $48,787 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$1.05M
$918.5K – $1.22M
NOI $73,480 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Explore this area
Business Placement
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully vacant triplex with separate entrances, meters, and large yard.
Where is this triplex located?
The property is located at 65 Union Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $729,999.
What are key features of this property?
This property features: Fully vacant 6‑unit apartment building, ready for immediate occupancy or renovation.; Separate entrances and meters for each apartment, simplifying management and tenant billing.; Driveway with space for four cars, a valuable amenity.
