Custom Multifamily Income
911 Rathbun Avenue Staten Island, NY 10309
911 Rathbun Avenue, Staten Island, NY, 10309
$1,329,999
For Sale
$1,329,999
Custom-built multifamily home with 6 bedrooms, 5 baths, finished basement with separate entry, and three electric meters.
Property Size2,900 SF
Price / SF$458.62
Days on Market218
Property Features for 911 Rathbun Avenue
General Information
- Standard status
- Active
- Size
- 2,900 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 2026
Listing agency
Neuhaus Realty, Inc.
(917) 656-1583
Listed by
Gaetano Marasa · License #10301215761
(917) 656-1583
Source
Compass
Added: Dec 16, 2025 Updated: Jul 20 at 3:56PM Checked: Jul 21 at 6:03AM
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 Neuhaus Realty, Inc.
Investment Insights
Based on property information with market context.
This custom-built multifamily property is scheduled for completion in Spring 2026 and is configured as a 6/6 style setup. The home measures approximately 18 by 68, with two main levels featuring 3 bedrooms, an eat-in kitchen, living/dining combo, washer/dryer hookups, and 2 baths per level. Ceiling heights are listed at 9 feet throughout levels 1 and 2.
The full finished basement includes a separate side entry, an additional bath, washer/dryer hookups, and 9-foot ceilings. The property also includes three separate electric meters and three-zone heating and central air, with recessed lighting throughout and custom kitchen cabinetry with quartz countertops. Off-street parking is provided.
In addition to the recessed lighting package and custom finishes, the home is described as having over 80 “high hats” and recessed fixtures throughout.
The full finished basement includes a separate side entry, an additional bath, washer/dryer hookups, and 9-foot ceilings. The property also includes three separate electric meters and three-zone heating and central air, with recessed lighting throughout and custom kitchen cabinetry with quartz countertops. Off-street parking is provided.
In addition to the recessed lighting package and custom finishes, the home is described as having over 80 “high hats” and recessed fixtures throughout.
Key Highlights
- Custom 2026 multifamily home with 6 bedrooms and 5 baths and a full finished basement
- Approximately 2,900 SF home (18 x 68) on a 33 x 100 lot
- Finished full basement has separate side entry, 9‑foot ceilings, and a full bath plus washer/dryer hookups
Local Financial Insights For Multifamily LT 5
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 | $107.9k | $37.20 |
| − Vacancy | −$4.9k | −$1.67 |
| EGI | $103.0k | $35.53 |
| − OpEx | −$30.9k | −$10.66 |
| NOI | $72.1k | $24.87 |
2,900 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$901.5K – $1.20M
NOI $72,118 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$918.7K
$803.9K – $1.07M
NOI $64,310 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,861 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Custom-built multifamily home with 6 bedrooms, 5 baths, finished basement with separate entry, and three electric meters.
Where is this triplex located?
The property is located at 911 Rathbun Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,329,999.
What are key features of this property?
This property features: Custom 2026 multifamily home with 6 bedrooms and 5 baths and a full finished basement; Approximately 2,900 SF home (18 x 68) on a 33 x 100 lot; Finished full basement has separate side entry, 9‑foot ceilings, and a full bath plus washer/dryer hookups
