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Property profile & analytics
FOR SALE
Office buildings
343 Sand Ln, Staten Island, NY 10305
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-1336511
For Sale
1 / 23
$1,300,000
343 Sand Ln, Staten Island, NY 10305
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2002
Total area
2,880 SF
Lot
0.08 ac (3,480 SF)
Zoning code
R3-2
APN
03122-0020
UPID
US63-1336511
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
-
Di A Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.00M
Owner & transaction history
Chung Wong · 1 yrs held
Chung Wong
since 2025
Last sale
$999,000
7 recorded transactions
Zoning & alternative use
R3-2 · Staten Island, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+17.3%
Retail stores
$960,000
+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
$1,020,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
$1,445,000
6.5%
$1,330,000
7%
$1,235,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$860,000
Current use
AUTO REPAIR, GARAGE
$1,010,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$960,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$840,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $999k (May 19 2025)
Last sale anchor
$999k
May 19 2025
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
$347 / 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
$26,025
Tax year 2024
Assessed value
$391,140
Assessed 2024
Previous assessed
$427,950
-8.6% YoY
Effective rate
6.65%
On assessed value
Assessed land
$77,670
Assessed improvement
$313,470
Land market value
$157,000
Improvement market value
$389,000
Total market value
$546,000
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
PROFESSIONAL BUILDING
Status
For Sale
Year built
2002
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
2,880 SF
Lot
0.08 ac (3,480 SF)
Zoning code
R3-2
APN
03122-0020
UPID
US63-1336511
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3-2 · Staten Island, NY
Zoning R3-2 · permitted uses
R3-2 · 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
$860,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$960,000
COMMERCIAL (GENERAL)
Est. value
$840,000
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
2002
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Chung Wong
Individual
Mailing address
343 SAND LN, STATEN ISLAND, NY 10305-4500
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2025
$999,000
Chung Wong
Aj Partners LLC
Bargain & Sale Deed
—
Nov 29, 2024
$495,000
Aj Partners LLC
Isf Properties LLC
Deed
related
—
Jul 6, 2017
—
Isf Properties LLC
—
Deed
related
$2,825,000 · Ponce De Leon Fsb
Sep 10, 2002
$30,000
Isf Properties LLC
Denmore Properties LLC
Grant Deed
—
Jan 4, 2002
$1,625,000
Bay Shore Estates LLC
Pizzo,paul J & Karen A
Grant Deed
$1,050,000 · Victory State Bank
Apr 12, 2001
—
Denmore Properties LLC
Birnbaun,sofia
Quit Claim Deed
related
—
—
—
I & A Dev LLC
—
Deed Of Trust
related
$1,810,881 · Royal Bank America
—
—
Isf Properties LLC
—
Deed Of Trust
related
$2,825,000 · Ponce De Leon Fsb
—
—
Isf Properties LLC
—
Deed Of Trust
related
$435,000 · Valley National Bank
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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