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Property profile & analytics
OFF-MARKET
Estimated value
$8,780,000
Office buildings
110 Edgewater St Staten Island, NY 10305
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-4186873
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2018
Total area
39,149 SF
Lot
0.78 ac (33,942 SF)
Zoning code
M2-1
APN
02825-0004
UPID
US63-4186873
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.78M
Owner & transaction history
Chang An Real Property LLC · 2 yrs held
Chang An Real Property LLC
since 2024
Last sale
$8.8M
2 recorded transactions
Zoning & alternative use
M2-1 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.8M
+17.3%
Retail stores
$13.0M
+11.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Staten Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Staten Island submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$8,780,000
ML approach
$8,780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,720,000
Current use
AUTO REPAIR, GARAGE
$13,750,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$13,015,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$11,405,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$8.78M
Range $7.90M – $9.66M · ±10% · vs last sale $8.78M (Feb 20 2024)
Last sale anchor
$8.78M
Feb 20 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$224 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$323,095
Tax year 2024
Assessed value
$3,050,370
Assessed 2024
Previous assessed
$2,927,790
+4.2% YoY
Effective rate
10.59%
On assessed value
Assessed land
$339,030
Assessed improvement
$2,711,340
Land market value
$881,000
Improvement market value
$6,254,000
Total market value
$7,135,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
2
Stories
4
Units
3
Total area
39,149 SF
Lot
0.78 ac (33,942 SF)
Zoning code
M2-1
APN
02825-0004
UPID
US63-4186873
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M2-1 · Staten Island, NY
Zoning M2-1 · permitted uses
M2-1 · Staten Island, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Staten Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$11.7M
AUTO REPAIR, GARAGE
Est. value
$13.8M
RETAIL STORES
Est. value
$13.0M
COMMERCIAL (GENERAL)
Est. value
$11.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Stories
4
Buildings
2
Units
3
Lot
0.78 ac
Current owner
From public records · entity-resolved
Chang An Real Property LLC
Entity
Mailing address
21 SYLVATON TER #27, STATEN ISLAND, NY 10305-4901
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2024
$8,778,375
Chang An Real Property LLC
Bay Street Partners LLC
Deed
$7,200,000 · Bay Street Partners LLC
Jun 20, 2013
—
Bay Street Partners LLC
Bay Street Partners LLC
Quit Claim Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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