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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Apartment buildings
1641 Castleton Ave, Staten Island, NY 10302-1231
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-6183075
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1931
Total area
3,844 SF
Lot
0.07 ac (3,100 SF)
Zoning code
R3A
APN
01088-0001
UPID
US63-6183075
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
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$797k
Blend (final)
Blend
$865k
Owner & transaction history
Ryan Lin · 3 yrs held
Ryan Lin
since 2023
Last sale
$940,000
6 recorded transactions
Zoning & alternative use
R3A · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+64.2%
Retail stores
$1.3M
+55.5%
Office building
$1.2M
+40.0%
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
$825,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$820,000
Current use
AUTO REPAIR, GARAGE
$1,350,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$1,280,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$1,150,000
Change: +40% · Conversion: Moderate
WAREHOUSE, STORAGE
$720,000
Change: -12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$670,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $940k (Feb 21 2023)
Last sale anchor
$940k
Feb 21 2023
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
$225 / 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
$14,790
Tax year 2024
Assessed value
$118,304
Assessed 2024
Previous assessed
$109,582
+8.0% YoY
Effective rate
12.50%
On assessed value
Assessed land
$3,157
Assessed improvement
$115,147
Land market value
$13,000
Improvement market value
$474,200
Total market value
$487,200
Applied tax rate
2.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
2
Units
6
Total area
3,844 SF
Lot
0.07 ac (3,100 SF)
Zoning code
R3A
APN
01088-0001
UPID
US63-6183075
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3A · Staten Island, NY
Zoning R3A · permitted uses
R3A · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$720,000
COMMERCIAL (GENERAL)
Est. value
$670,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1931
Heating
NONE
Stories
2
Buildings
1
Units
6
Lot
0.07 ac
Current owner
From public records · entity-resolved
Ryan Lin
Individual
Mailing address
738 45TH ST, BROOKLYN, NY 11220-1508
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2023
$940,000
Ryan Lin
Debra I Werner
Bargain And Sale Deed
$400,000 · East West Bank
Aug 21, 2009
$725,000
Debra J Werner
Marke,burim & Safet
Grant Deed
$543,750 · Amtrust Bank
Apr 28, 2006
$610,000
Burim Marke
Sorrentino,joseph & Janet
Grant Deed
$488,000 · Countrywide Home Loans INC
Apr 13, 2005
$495,000
Joseph Sorrentino
Jack Murphy Realty INC
Grant Deed
$412,000 · Washington Mutual Fsb
Aug 13, 2003
$40,000
Jack Murphy Realty INC
Hefferan,john T
Grant Deed
—
Aug 13, 2003
—
126 Guernsey Corp
Colonna,vincent N
Grant Deed
related
—
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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