Quadplex with Original
For Sale
Contact for pricing
9-11 Saint Marks Place, Staten Island, NY 10301
Four residential units offer varied layouts within a substantial two-story property on an expansive parcel.
Property Size5,390 SF
Lot Size0.20 Acres
Price / SF$255.84
Days on Market64
Property Features for 9-11 Saint Marks Place
General Information
Standard status
Active
Size
5,390 SF
Lot size
0.20 Acres
Property subtype
Multifamily
Zoning
R3A
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/1BA, 1 x 4BR/2BA
Multifamily Units
4
Building Details
Year Built
1930
Buildings
1
Stories
3
Units
4
Listing Agency:
Momentum Real Estate LLC
Listed By:
MeiJuan Lin · License #10401310408
(718) 382-0001
Source:
Crexi
Added: Aug 21
Changed: Oct 20
Last Checked: Oct 20 at 6:50PM
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 Momentum Real Estate LLC
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Investment Insights
Based on property information with market context.
This R3A-zoned quadplex contains 5,390 square feet and four separate residential units arranged across two floors. The first floor includes one one-bedroom, one-bathroom unit and one two-bedroom, one-bathroom unit. Upstairs are a three-bedroom, one-bathroom residence and a four-bedroom, two-bathroom residence with two bathrooms. Interior details include 12-foot ceilings and original woodwork.
The property occupies an 8,772-square-foot lot at 9-11 Saint Marks Place in Staten Island, NY 10301. Built in 1930, the building combines a varied unit mix with substantial land area and R3A zoning.
The property occupies an 8,772-square-foot lot at 9-11 Saint Marks Place in Staten Island, NY 10301. Built in 1930, the building combines a varied unit mix with substantial land area and R3A zoning.
Key Highlights
- Four‑unit quadplex with a varied bedroom mix
- 5,390 square feet on an 8,772‑square‑foot lot
- First‑floor units include 1‑bedroom and 2‑bedroom layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,529
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,390,580
$2.4M
Cap Rate 7%
$1,707,557
$1.7M
Cap Rate 9%
$1,328,100
$1.3M
Market Conditions
NOI Build-Up for 5,390 SF
Gross rent
$226.4K $42.00/SF
− Vacancy
−$9.1K −$1.68/SF
EGI
$217.3K $40.32/SF
− OpEx
−$97.8K −$18.14/SF
NOI
$119.5K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,390,580
Cap Rate 7%
$1,707,557
Cap Rate 9%
$1,328,100
Alternative Uses
Best Use
Multifamily LT 5
$1.91M
$1.68M – $2.23M
NOI $134,040 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$1.71M
$1.49M – $1.99M
NOI $119,529 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $180,027 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,059
Businesses Nearby
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Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer varied layouts within a substantial two-story property on an expansive parcel.
Where is this quadplex located?
The property is located at 9-11 Saint Marks Place Staten Island, NY.
What is the asking price?
The asking price for this property is $1,379,000.
What are key features of this property?
This property features: Four‑unit quadplex with a varied bedroom mix; 5,390 square feet on an 8,772‑square‑foot lot; First‑floor units include 1‑bedroom and 2‑bedroom layouts
