71 Osgood Avenue, Staten Island, NY 10304
Legal two-family currently used as an SRO and occupied, sold as-is with bank approval and cash-only terms.
- Added:
- May 22, 2026
- Days on Market:
- 21
- Last Refresh:
- Jun 6 at 2:16 am
Property Features for 71 Osgood Avenue
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1940
Listing agent Salvatore Taormina License #000000
Listing office Revolution Real Estate
Listing date May 22, 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 Revolution Real Estate
HighLights
- Legal two‑family currently used as an SRO (single room occupancy) and is occupied
- Sold as‑is with all existing violations
- Short sale subject to third‑party bank approval; cash offers only
- Drive‑by only—no interior access
Overview
Located at 71 Osgood Avenue on Staten Island, the property is available for drive-by viewing only, with no interior access provided. Due to the short sale process, interested parties should plan accordingly for timing and due diligence.
For buyers evaluating a residential income asset in SRO configuration, this is a straightforward, occupied two-family with no access for interior verification and an as-is condition subject to existing violations. The transaction requires cash offers only, and approval remains contingent on the third-party bank.
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 | $42.2k | $38.40 |
| − Vacancy | −$3.4k | −$3.10 |
| EGI | $38.8k | $35.30 |
| − OpEx | −$11.6k | −$10.59 |
| NOI | $27.2k | $24.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.083056
- Latitude
- 40.619115
