Four-Unit Multifamily
For Sale
$1,379,000
9 Saint Marks Place, Staten Island, NY 10301
Two-story configuration with four apartments, original woodwork, and a varied bedroom and bathroom mix.
Property Size5,390 SF
Lot Size0.20 Acres
Price / SF$255.84
Days on Market57
Property Features for 9 Saint Marks Place
General Information
Standard status
Active
Size
5,390 SF
Lot size
0.20 Acres
Property subtype
Multi Family
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/1BA, 1 x 4BR/2BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$14,400
Building Details
Building Size
5,390 SF
Year Built
1930
Listing Agency:
Momentum Real Estate LLC
Listed By:
Meijuan (Minnie) Lin · License #MJL6058
(718) 382-0001
Source:
Penrealty
Added: Aug 20
Changed: Oct 13
Last Checked: Oct 15 at 7:42AM
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
Investment Insights
Based on property information with market context.
This four-unit multifamily property contains 5,390 square feet across two floors. The first floor includes a one-bedroom, one-bath apartment and a separate two-bedroom, one-bath apartment. Upstairs are a three-bedroom, one-bath unit and a four-bedroom, two-bath unit. Interior features include 12-foot ceilings and original woodwork.
The property occupies an 8,772-square-foot lot at 9 Saint Marks Place in Staten Island, NY 10301. Built in 1930, it offers a substantial residential layout with four distinct units and a broad range of bedroom configurations.
The property occupies an 8,772-square-foot lot at 9 Saint Marks Place in Staten Island, NY 10301. Built in 1930, it offers a substantial residential layout with four distinct units and a broad range of bedroom configurations.
Key Highlights
- Four‑unit multifamily property with 5,390 square feet
- Unit mix includes 1-, 2-, 3-, and 4‑bedroom apartments
- First floor contains two separate apartments
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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,059
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two-story configuration with four apartments, original woodwork, and a varied bedroom and bathroom mix.
Where is this quadplex located?
The property is located at 9 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 multifamily property with 5,390 square feet; Unit mix includes 1-, 2-, 3-, and 4‑bedroom apartments; First floor contains two separate apartments
