Victorian Quadplex with Hardwood
New
For Sale
$1,428,000
9 Saint Marks Place, Staten Island, NY 10301
Residential, Victorian, Staten Island, NY
Property Size5,390 SF
Lot Size0.20 Acres
Price / SF$264.94
Days on Market1
Property Features for 9 Saint Marks Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3A
Bedrooms
10
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bathroom 1, Bedroom 9, Bathroom 2, Bedroom 7, Bathroom 3, Bedroom 10, Bedroom 8, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 5
Basement
Full, Finished
Subdivision
St. George
Standard status
Active
Size
5,390 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
14400
Building Details
Year built
1930
Floors in Building
3
Number of units
4
Flooring type
Hardwood
Building materials
Wood Frame
Architectural style
Victorian
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Meijuan (Minnie) Lin · License #MJL6058
(718) 382-0001
Added: Aug 20
Last Checked: Aug 20 at 6:06PM
MLS# 503937
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.
This Victorian quadplex contains 5,390 square feet within a wood-frame residential building constructed in 1930. The property includes four separate units arranged across two floors. The first floor has a one-bedroom, one-bath unit and a two-bedroom, one-bath unit. Upstairs are a three-bedroom, one-bath unit and a four-bedroom, two-bath unit.
Interior features include hardwood flooring, original woodwork, and 12-foot ceilings. The property occupies a 0.2014-acre lot measuring 8,772 square feet and carries R3A zoning. Located at 9 Saint Marks Place in Staten Island, the building offers a four-unit residential configuration with a varied bedroom mix.
Interior features include hardwood flooring, original woodwork, and 12-foot ceilings. The property occupies a 0.2014-acre lot measuring 8,772 square feet and carries R3A zoning. Located at 9 Saint Marks Place in Staten Island, the building offers a four-unit residential configuration with a varied bedroom mix.
Key Highlights
- Four‑unit residential configuration with 1-, 2-, 3-, and 4‑bedroom layouts
- 5,390 square feet in a wood‑frame building constructed in 1930
- 0.2014‑acre lot measuring 8,772 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$119,529
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 9.39%
Second Best
Apartment 5plus
$1.71M
$1.49M – $1.99M
NOI $119,529 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $180,027 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
985
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 - Four residential units occupy a wood-frame building with hardwood flooring and original woodwork.
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 $1,428,000.
What are key features of this property?
This property features: Four‑unit residential configuration with 1-, 2-, 3-, and 4‑bedroom layouts; 5,390 square feet in a wood‑frame building constructed in 1930; 0.2014‑acre lot measuring 8,772 square feet
