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    Modernized Unit with Loft Area Title is generated by Realmo AI

    84A Lamped Loop, Staten Island, NY 10314

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    Move-in ready unit featuring LG appliances, new roof and AC.

    Type:Multifamily
    Property size:
    1,649 SF
    Price / SF:
    $318/SF
    Added:
    Aug 14, 2024
    Days on Market:
    667
    Last Refresh:
    May 12 at 9:56 pm

    Property Features for 84A Lamped Loop

    General Information

    Standard status
    Active
    Size
    1,649 SF
    Property subtype
    Multifamily

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    Listing Contact
    Melsa Skrapalliu

    Listing agent Melsa Skrapalliu License #NY

    Listing office RJM Realty Empire

    Listing date Aug 14, 2024

    Source Crexi

    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 RJM Realty Empire

    HighLights

    • Move‑in ready condition
    • Large loft area adaptable as bedroom, workout room, or office
    • Master bedroom with walk‑in closet and en‑suite full bath
    • New roof and newer air conditioning units
    • Stainless steel appliances in eat‑in kitchen
    • LG appliances

    Overview

    This modernized unit features LG appliances, a new roof, and newer air conditioning units. The interior includes hardwood and laminated floors. Level 1 provides an entrance. Level 2 features a foyer, a living room/dining room area, an eat-in kitchen with stainless steel appliances, a laundry area, a half bath, and a utilities room with storage space. Level 3 includes a master bedroom with a walk-in closet and en-suite full bath, as well as a second bedroom with a closet. Level 4 offers a loft area that can be used as an additional bedroom, work out room, or office, and includes a separate storage area. The property size is 1649 square feet. This unit is in move-in ready condition.

    Local 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 $79.2k $48.00
    − Vacancy −$3.3k −$2.02
    EGI $75.8k $45.98
    − OpEx −$34.1k −$20.69
    NOI $41.7k $25.29
    1,649 SF · lease $48.00/SF/yr · vacancy 4.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $595.8K
    $521.3K – $695.1K (±1% cap)
    NOI $41,705 @ 7.0% cap · market cap 7.94%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $786.8K
    $688.5K – $918.0K (±1% cap)
    NOI $55,077 @ 7.0% cap · market cap 10.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.162742
    Latitude
    40.584872

    FAQs

    What type of property is this?
    Residential income property - Move-in ready unit featuring LG appliances, new roof and AC.
    Where is this residential income property located?
    The property is located at 84A Lamped Loop Staten Island, NY.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Move‑in ready condition; Large loft area adaptable as bedroom, workout room, or office; Master bedroom with walk‑in closet and en‑suite full bath
    More about this property
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