219 Broad St Staten Island, NY 10304
This exceptional mixed-use property, located at 219-225 Broad Street in Staten Island's Stapleton neighborhood, presents a compelling investment opportunity. The 8,548 square foot building, constructed in 1931, sits on a 1,827 square foot lot (APN 06019-0012) and is zoned R3-2. The property comprises three residential units – one two-bedroom apartment and two five-bedroom apartments – and two commercial spaces. Its prime location directly across from the 693-unit Stapleton Houses ensures high foot traffic for the commercial units, which also benefit from ample parking. The building offers a strong financial performance, boasting a Net Operating Income (NOI) of $209,395. Its proximity to the Staten Island Ferry (1.6 miles) provides convenient access to Manhattan, while the surrounding area features numerous new construction projects and retail shops, indicating significant growth potential. This property is an ideal investment for those seeking a blend of residential and commercial income streams in a thriving Staten Island location. The asking price is $1,988,888.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.