Six-Family Brick Apartment
New
For Sale
$2,000,000
76 Grove Avenue, Staten Island, NY 10302
MULTI_FAMILY - Staten Island, NY
Property Size3,780 SF
Lot Size0.10 Acres
Price / SF$529.10
Days on Market5
Property Features for 76 Grove Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C-2
Bedrooms
12
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 4, Bedroom 12, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 11, Bedroom 6, Bathroom 1, Bathroom 7, Bedroom 9, Bedroom 8, Bedroom 10, Bathroom 5, Bedroom 3, Bedroom 4, Bedroom 7, Bedroom 1, Bathroom 6
Subdivision
Port Richmond
Standard status
Active
Size
3,780 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
8625
Amenities
basement storage area
on-site property manager's quarters
24 hour security
Building Details
Year built
1987
Floors in Building
3
Number of units
6
Building materials
Brick
Roof type
Flat
Listing Agency:
DiTommaso Real Estate
(718) 667-8000
Listed By:
Steven Monterosso
(718) 667-8000
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 2 at 12:06AM
MLS# 503384
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Detached six-family income-producing apartment building located at 76 Grove Avenue in Port Richmond, Staten Island. The building is brick construction with a flat roof and was built in 1987. The layout includes 12 bedrooms and 7 bathrooms, plus a basement storage area and on-site property manager’s quarters. Off-street parking is provided with 4 spaces.
Zoned C-2, the property benefits from several recent and ongoing compliance items. Updated plumbing and electric systems are noted, and a gas piping inspection was completed in 2025 (required every 3 years). A current bed bug filing has been submitted, and there are no HPD or Department of Buildings violations reported.
From an ownership expense standpoint, tenants pay their own heat and hot water. The property is described as exempt from New York City’s Rent Stabilization Law and Lead Paint Law. A stated 8% cap rate is included for the investment profile.
Zoned C-2, the property benefits from several recent and ongoing compliance items. Updated plumbing and electric systems are noted, and a gas piping inspection was completed in 2025 (required every 3 years). A current bed bug filing has been submitted, and there are no HPD or Department of Buildings violations reported.
From an ownership expense standpoint, tenants pay their own heat and hot water. The property is described as exempt from New York City’s Rent Stabilization Law and Lead Paint Law. A stated 8% cap rate is included for the investment profile.
Key Highlights
- Detached six‑family brick apartment building built in 1987
- 12 bedrooms and 7 bathrooms with basement storage and manager quarters
- Zoned C‑2 with 4 off‑street parking spaces
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 | $158.8k | $42.00 |
| − Vacancy | −$6.4k | −$1.68 |
| EGI | $152.4k | $40.32 |
| − OpEx | −$68.6k | −$18.14 |
| NOI | $83.8k | $22.18 |
3,780 SF · lease $42.00/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,825 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,253 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,277
Businesses Nearby
Explore this area
Business Placement
Demographics for 10302, NY
20,931
Population
6,927
Households
3
Avg Household Size
35
Median Age
29%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
17,443
Density / Sq Mi
$76,089
Median Household Income
$43,608
Median Earnings
$1,800
Median Rent
$586,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Detached six-family apartment building in C-2 zoning with 12 bedrooms, 7 bathrooms, and 4 off-street parking spaces.
Where is this apartment building located?
The property is located at 76 Grove Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Detached six‑family brick apartment building built in 1987; 12 bedrooms and 7 bathrooms with basement storage and manager quarters; Zoned C‑2 with 4 off‑street parking spaces
