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Property profile & analytics
FOR LEASE
Warehouses
3111 Richmond Ter, Staten Island, NY 10303
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-4290493
For Lease
1 / 11
$14,666/Mo
3111 Richmond Ter, Staten Island, NY 10303
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1931
Total area
39,278 SF
Lot
1.14 ac (49,833 SF)
Zoning code
M3-1
APN
01208-0017
UPID
US63-4290493
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.23M
Blend (final)
Blend
$5.00M
Owner & transaction history
3045 Richmond Holdings LLC · 3 yrs held
3045 Richmond Holdings LLC
since 2022
6 recorded transactions
Zoning & alternative use
M3-1 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,380,000
Current use
Blend value · Realmo final
$5.00M
Range $4.50M – $5.49M · ±10%
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
$127 / 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
$45,281
Tax year 2024
Assessed value
$427,500
Assessed 2024
Previous assessed
$404,730
+5.6% YoY
Effective rate
10.59%
On assessed value
Assessed land
$224,100
Assessed improvement
$203,400
Land market value
$498,000
Improvement market value
$619,000
Total market value
$1,117,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1931
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
39,278 SF
Lot
1.14 ac (49,833 SF)
Zoning code
M3-1
APN
01208-0017
UPID
US63-4290493
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M3-1 · Staten Island, NY
Zoning M3-1 · permitted uses
M3-1 · 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
WAREHOUSE, STORAGE Current
Est. value
$7.4M
WAREHOUSE, STORAGE Current
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
1
Buildings
1
Units
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
3045 Richmond Holdings LLC
Entity
Mailing address
22 MICHAEL LOOP, STATEN ISLAND, NY 10301-4639
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
—
3045 Richmond Holdings LLC
Vitaly Nekhanevich
Bargain And Sale Deed
—
Jul 11, 2018
$5,000,000
Vitaly Nekhanevich
Richmond Industrial Center INC
Grant Deed
—
Jan 5, 2011
$573,459
Richmond Industrial Center INC
Mannion,william
Grant Deed
—
Apr 13, 2007
$4,800,000
Rasay Corp
Richmond Industrial Center INC
Grant Deed
$3,600,000 · Liebman Raymond L (te)
—
—
Richmond Industrial Center INC
—
Deed Of Trust
related
$950,000 · First Platinum Cap
—
—
Richmond Industrial Center Icn
—
Deed Of Trust
related
$700,000 · Park Avenue Platinum Group LLC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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