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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Retail residential properties
772 Richmond Ter Staten Island, NY 10301-1113
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-0137226
Property summary
AI-generated overview
This exceptional mixed-use property at 772 Richmond Terrace, Staten Island, NY 10301, presents a compelling investment opportunity. The fee-simple ownership includes a three-story, 3,600 square foot building constructed in 1899 and renovated in 2000. Currently configured as a bar with two offices and two apartments, the property offers significant upside potential. The building sits on a 5,184 square foot lot and includes a newly decked yard and a two-car driveway on an adjacent lot. The current NOI is $56,600, yielding a 3.77% cap rate. However, a pro-forma NOI of $79,000 projects a 5.27% cap rate, reflecting the property's strong growth potential. The M-1 zoning permits a variety of uses. The property also boasts 74 square feet of air rights. This prime location offers stunning city views and is situated in a rapidly developing area of Staten Island, promising significant future appreciation. The property consists of five units in total and is currently occupied. The asking price is $1,500,000. APN: 5000690107. Occupancy date: September 15, 2022.
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1899
Total area
3,765 SF
Lot
0.12 ac (5,110 SF)
Zoning code
M1-1
APN
00069-0107
UPID
US63-0137226
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
-
Shakers Bar & Pub Restaurant
-
International Brotherhood of Electrical Workers Advocacy Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.13M
Owner & transaction history
772 Richmond Ter LLC · 1 yrs held
772 Richmond Ter LLC
since 2025
Last sale
$1.1M
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
$1.3M
+46.6%
Retail stores
$1.3M
+38.8%
Office building
$1.1M
+24.9%
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
$1,125,000
ML approach
$1,145,000
CAP Approach
CAP Return
Estimation
6%
$1,240,000
6.5%
$1,145,000
7%
$1,065,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$900,000
Current use
AUTO REPAIR, GARAGE
$1,320,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$1,250,000
Change: +39% · Conversion: Easy
OFFICE BUILDING
$1,125,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.10M (Apr 11 2025)
Last sale anchor
$1.10M
Apr 11 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
$299 / 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
$13,632
Tax year 2024
Assessed value
$135,270
Assessed 2024
Previous assessed
$137,700
-1.8% YoY
Effective rate
10.08%
On assessed value
Assessed land
$80,550
Assessed improvement
$54,720
Land market value
$179,000
Improvement market value
$107,000
Total market value
$286,000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1899
Heating
NONE
Buildings
1
Stories
3
Units
5
Total area
3,765 SF
Lot
0.12 ac (5,110 SF)
Zoning code
M1-1
APN
00069-0107
UPID
US63-0137226
Jurisdiction
RICHMOND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Staten Island, NY
Zoning 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
Staten Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
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
1899
Heating
NONE
Stories
3
Buildings
1
Units
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
772 Richmond Ter LLC
Entity
Mailing address
11 EGBERT AVE, STATEN ISLAND, NY 10310-2617
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2025
$1,100,000
772 Richmond Ter LLC
Four Seas Holdings LLC
Bargain & Sale Deed
$900,000 · Emigrant Funding Corp
Dec 22, 2005
$375,000
Four Seas Holdings LLC
Iannella,antonio & Lucille
Grant Deed
—
Oct 2, 2002
$200,000
Antonio Iannella
Green,mary
Grant 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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