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Modernized Unit with Loft Area
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84A Lamped Loop, Staten Island, NY 10314

Move-in ready unit featuring LG appliances, new roof and AC.

Property Size1,649 SF
Price / SF$318.37
Days on Market806

Property Features for 84A Lamped Loop

General Information

Standard status Active
Size 1,649 SF
Property subtype Multifamily
Listing Agency: RJM Realty Empire
Listed By: Melsa Skrapalliu · License #NY
Source: Crexi
Added: Aug 14, 2024 Changed: Oct 25 Last Checked: Oct 28 at 7:21AM

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 RJM Realty Empire

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Investment Insights

Based on property information with market context.

This modernized unit features LG appliances, a new roof, and newer air conditioning units. The interior includes hardwood and laminated floors. Level 1 provides an entrance. Level 2 features a foyer, a living room/dining room area, an eat-in kitchen with stainless steel appliances, a laundry area, a half bath, and a utilities room with storage space. Level 3 includes a master bedroom with a walk-in closet and en-suite full bath, as well as a second bedroom with a closet. Level 4 offers a loft area that can be used as an additional bedroom, work out room, or office, and includes a separate storage area. The property size is 1649 square feet. This unit is in move-in ready condition.

Key Highlights

  • Move‑in ready condition
  • Large loft area adaptable as bedroom, workout room, or office
  • Master bedroom with walk‑in closet and en‑suite full bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,705
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$834,100 $834.1K
Cap Rate 7%
$595,786 $595.8K
Cap Rate 9%
$463,389 $463.4K
Market Conditions
NOI Build-Up for 1,649 SF
Gross rent
$79.2K $48.00/SF
− Vacancy
−$3.3K −$2.02/SF
EGI
$75.8K $45.98/SF
− OpEx
−$34.1K −$20.69/SF
NOI
$41.7K $25.29/SF
Area
ZIP 10314
Vacancy
4.20%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$834,100
Cap Rate 7%
$595,786
Cap Rate 9%
$463,389

Alternative Uses

Best Use
Apartment 5plus
$595.8K
$521.3K – $695.1K (±1% cap)
NOI $41,705 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$786.8K
$688.5K – $918.0K (±1% cap)
NOI $55,077 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,244
Businesses Nearby

Demographics for 10314, NY

92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Move-in ready unit featuring LG appliances, new roof and AC.
Where is this residential income property located?
The property is located at 84A Lamped Loop Staten Island, NY.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Move‑in ready condition; Large loft area adaptable as bedroom, workout room, or office; Master bedroom with walk‑in closet and en‑suite full bath
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