Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Louis St Staten Island, NY 10304
    Back to Search
    Property profile & analytics

    Louis St Staten Island, NY 10304

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Louis St

    Property type
    Land

    Description

    This exceptional Staten Island property offers 17,400 square feet of vacant land zoned R3-2, providing a multitude of development options. Currently used as a parking lot, this prime location presents a blank canvas for investors and developers seeking to create a variety of residential or commercial ventures. The R3-2 zoning allows for diverse possibilities, including multi-family residences or townhomes. Its strategic location offers easy access to key amenities, transportation, and local attractions. The substantial lot size ensures ample space for a project that meets both creative aspirations and market demands. The asking price is $1,000,000. The property is located on Louis Street, Staten Island, NY 10304, in Richmond County. The lease, if any, expires May 31, 2024. This is a unique opportunity to acquire a significant parcel of land in a desirable Staten Island location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.0879
    Latitude
    40.631

    Comparable in this City

    • Value Estimation by Request

      181 Broad St

      Land
      181 Broad St, Staten Island, NY 10304
      View Details
    • Value Estimation by Request

      249 Targee St

      Land
      249 Targee St, Staten Island, NY 10304
      View Details
    • Value Estimation by Request
      3,375 SF

      53 Canal St

      Land • 3,375 SF
      53 Canal St, Staten Island, NY 10304
      View Details
    • Value Estimation by Request

      Overlook Ave

      Land
      0 Overlook Ave, Staten Island, NY 10304
      View Details
    • Value Estimation by Request

      12 Pearl St

      Agricultural land / Farmland
      12 Pearl St, Staten Island, NY 10304
      View Details
    • Value Estimation by Request

      53 Canal St

      Flex space
      53 Canal St, Staten Island, NY 10304
      View Details

    Similar Nearby for Sale

    • $450,000
      Pending

      Grymes Hill Raw Land

      Raw land available in Staten Island's Grymes Hill neighborhood.
      177 Hillside Ave, Staten Island, NY 10304
      View Details
    • $110,000
      0.11 Acres

      Residential Land in Staten Island

      Land for sale in Staten Island, New York.
      564 Van Duzer St, Staten Island, NY 10304
      View Details
    • $209,000
      0.08 Acres

      Raw Land Staten Island

      Raw land available in Staten Island's Grymes Hill neighborhood.
      Van Duzer St, Staten Island, NY 10304
      View Details
    • $888,000
      0.09 Acres

      Two-Family Home Plus Buildable Lot

      Two-family home with buildable lot near Verrazzano Bridge.
      601 Richmond Rd, Staten Island, NY 10304
      View Details
    • $599,000
      0.60 Acres

      Land in Todt Hill

      26,000 sq ft raw land with ocean views.
      Flagg Pl, Staten Island, NY 10304
      View Details
    • $875,000
      0.06 Acres

      Buildable Lots in Staten Island

      Large parcel with buildable lots available in Staten Island.
      1 Neckar Ave, Staten Island, NY 10304
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Stapleton Retail Space For Rent

      Renovated 1500 SF space in Stapleton, Staten Island.
      100 Canal St, Staten Island, NY 10304
      View Details
    • $3,000 /Mo
      1,000 SF

      Downtown Staten Island Office Space

      Versatile 1000 sq. ft. office in vibrant downtown Staten Island.
      101 Water St, Staten Island, NY 10304
      View Details
    • Contact for pricing

      Prime Retail Space on Broad

      Ground-floor retail spaces with high visibility and foot traffic.
      171 Broad St, Staten Island, NY 10304
      View Details
    • Contact for pricing

      Stapleton Office Space For Rent

      Recently renovated office space in Stapleton, Staten Island.
      105 Water St, Staten Island, NY 10304
      View Details
    • Contact for pricing

      Fully Equipped Restaurant Ready

      Turnkey restaurant with full kitchen, dining, and parking.
      2071 Clove Rd, Staten Island, NY 10304
      View Details
    • Contact for pricing

      New Retail Space Available

      Brand new retail development with high ceilings and loading dock.
      475 Bay St, Staten Island, NY 10304
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Louis St
    Staten Island, NY 10304
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Louis St, Staten Island, NY, 10304
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!