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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Investment properties
1953 Richmond Ter Staten Island, NY 10302-1201
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-1730540
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1931
Total area
1,904 SF
Lot
0.07 ac (2,910 SF)
Zoning code
M1-1
APN
00185-0523
UPID
US63-1730540
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
Current use
Occupant on record · Public records
-
Harrison House Co-Ed Sober Living Home of Staten Island, NY Social Service Agency
-
Project Lab NYC Coworking & Hybrid Office
-
Delsa J. Fauconier, LCSW Foster Care Service Social Service Agency
-
Harrison House Resource Center Medical Clinic
-
Projectivity Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
1953 Richmond Corp · 4 yrs held
1953 Richmond Corp
since 2022
Last sale
$750,000
3 recorded transactions
Zoning & alternative use
M1-1 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$670,000
+102.1%
Retail stores
$635,000
+91.4%
Office building
$570,000
+72.3%
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
$650,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$670,000
Change: +102% · Conversion: Difficult
RETAIL STORES
$635,000
Change: +91% · Conversion: Easy
OFFICE BUILDING
$570,000
Change: +72% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $750k (Mar 25 2022)
Last sale anchor
$750k
Mar 25 2022
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
$352 / 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
$3,307
Tax year 2024
Assessed value
$16,463
Assessed 2024
Previous assessed
$15,532
+6.0% YoY
Effective rate
20.09%
On assessed value
Assessed land
$8,083
Assessed improvement
$8,380
Land market value
$218,000
Improvement market value
$226,000
Total market value
$444,000
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
2
Units
3
Total area
1,904 SF
Lot
0.07 ac (2,910 SF)
Zoning code
M1-1
APN
00185-0523
UPID
US63-1730540
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Staten Island, NYZoning M1-1 · permitted uses
M1-1 · Staten Island, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$670,000
RETAIL STORES
Est. value
$635,000
OFFICE BUILDING
Est. value
$570,000
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
1953 Richmond Corp
Entity
Free & Clear · 4 yrs held
Mailing address
1953 RICHMOND TER, STATEN ISLAND, NY 10302-1201
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2022
$750,000
1953 Richmond Corp
Zheng And Family 1953 LLC
Bargain And Sale Deed
—
Dec 5, 2018
$590,000
Zheng And Family 1953 LLC
1953 RT LLC
Bargain And Sale Deed
$442,500 · Empire State Bank
Apr 26, 2018
$310,000
1953 RT LLC
Caribou Properties LLC
Grant Deed
$300,000 · Peter Gioello
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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