Renovated Inside Multifamily
For Sale
$869,000
86 Russek Dr, Staten Island, NY 10312
MULTI_FAMILY - Staten Island, NY
Property Size2,080 SF
Price / SF$417.79
Days on Market8
Property Features for 86 Russek Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Laundry Room, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking features
Driveway
Patio and Porch features
Deck
Interior features
Walk-In Closet(s)
Subdivision
Rossville
Standard status
Active
Size
2,080 SF
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1980
Floors in Building
2
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
TRADEMARK PROPERTIES NYC LLC
(908) 451-1421
Listed By:
Kathy Giovinazzo
Added: Jul 26
Changed: Jul 31
Last Checked: Aug 2 at 1:06AM
MLS# 11904518
Copyright © 2026 My State MLS. 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.
This renovated-inside multifamily home includes a walk-in closet and multiple bedrooms and bathrooms, with a deck and driveway parking. The property has vinyl siding, asphalt roofing, and natural gas forced-air heating. Public water serves the home.
Built in 1980, the interior has been updated, while the exterior is described as needing some TLC. Heating is provided via natural gas and forced air, and the home’s layout includes a laundry room along with several bedrooms and bathrooms.
Additional interior features include a walk-in closet, and exterior features include a deck. The combination of renovated interior space and workable exterior updates may appeal to buyers seeking a multifamily property they can finish and personalize.
Built in 1980, the interior has been updated, while the exterior is described as needing some TLC. Heating is provided via natural gas and forced air, and the home’s layout includes a laundry room along with several bedrooms and bathrooms.
Additional interior features include a walk-in closet, and exterior features include a deck. The combination of renovated interior space and workable exterior updates may appeal to buyers seeking a multifamily property they can finish and personalize.
Key Highlights
- Renovated inside with exterior needing some TLC
- 2,080 SF multifamily home
- Built in 1980 with vinyl siding and asphalt roof
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 | $89.9k | $43.20 |
| − Vacancy | −$7.6k | −$3.67 |
| EGI | $82.2k | $39.53 |
| − OpEx | −$37.0k | −$17.79 |
| NOI | $45.2k | $21.74 |
2,080 SF · lease $43.20/SF/yr · vacancy 8.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$646.0K
$565.3K – $753.7K
NOI $45,220 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$992.5K
$868.4K – $1.16M
NOI $69,472 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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?
Multifamily property - Renovated inside with a deck, driveway parking, and natural gas forced-air heat in a vinyl-sided home built in 1980.
Where is this multifamily property located?
The property is located at 86 Russek Dr Staten Island, NY.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Renovated inside with exterior needing some TLC; 2,080 SF multifamily home; Built in 1980 with vinyl siding and asphalt roof
