Exceptional legal 4 -family property consisting of two separate buildings, offering strong income potential in a prime South Beach location. The main building features three spacious units: a first-floor two-bedroom apartment, a second-floor one-bedroom, and a studio with the potential to be converted into a one-bedroom. One of the units has been recently renovated with a brand-new kitchen and appliances. The property also includes a large attic with high ceilings, providing additional usable space. The second building is a single-story ranch with a full basement and private yard, currently configured as a one-bedroom unit, ideal for additional rental income or owner occupancy. Conveniently located just minutes from the Verrazano Bridge, public transportation, shopping, restaurants, and beaches. This property offers an estimated rental income of approximately 8,400 per month, making it an excellent opportunity for investors or end-users looking for strong cash flow and long-term upside
Sold for $1,050,000
$1,050,000
12 Balfour St, Staten Island, NY 10305
4beds
3,245sqft
Quadruplex
Built in 1931
-- sqft lot
$1,050,100 Zestimate®
$324/sqft
$2,999 Estimated rent
Home value
$1,050,100
$966,000 - $1.14M
$2,999/mo
Zestimate® history
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List your homeWhat's special
First-floor two-bedroom apartmentPrivate yardThree spacious unitsSecond-floor one-bedroom
Zillow last checked:
Listing updated:
Listed by:
Theresa Kane,
Homes R Us Realty of NY, Inc.,
Gennady Gary Papirov 917-856-2012
Bought with:
Ross Buxbaum, 40BU1069624
Tom Crimmins Realty, Ltd.
Source: SIBOR,MLS#: 2602163
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 3/4 bathrooms: 1
Heating
- Steam, Oil
Cooling
- Units
Features
- Basement: None
Interior area
- Total structure area: 3,245
- Total interior livable area: 3,245 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 3,049 Square Feet
- Dimensions: 40.3 x 80.5
Details
- Parcel number: 034020011
- Zoning: R3-X
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stone
Condition
- Excellent
- New construction: No
- Year built: 1931
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
Community & HOA
Location
- Region: Staten Island
Financial & listing details
- Price per square foot: $324/sqft
- Tax assessed value: $559,000
- Annual tax amount: $9,589
- Date on market: 4/22/2026
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Sold | $1,050,000-4.5%$324/sqft |
Source:  SIBOR #2602163 Report a problem | ||
| 5/11/2026 | Pending sale | $1,099,999$339/sqft |
Source: SIBOR #2602163 Report a problem | ||
| 4/23/2026 | Listed for sale | $1,099,999$339/sqft |
Source: SIBOR #2602163 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,877 +7.9% | $251,550 +19.2% |
| 2024 | $9,150 | $211,050 +15.2% |
| 2023 | -- | $183,150 +1.5% |
| 2022 | -- | $180,450 +24.9% |
| 2021 | -- | $144,450 -18.5% |
| 2020 | $7,289 +8.3% | $177,300 +16.8% |
| 2019 | $6,731 +9.6% | $151,740 +214.4% |
| 2017 | $6,139 +3.7% | $48,267 |
| 2016 | $5,918 | $48,267 +3.3% |
| 2015 | $5,918 +28.6% | $46,745 +7.3% |
| 2014 | $4,603 | $43,567 +8.7% |
| 2013 | -- | $40,098 +8% |
| 2012 | -- | $37,129 |
| 2011 | -- | $37,129 +3.3% |
| 2010 | -- | $35,958 +8% |
| 2009 | -- | $33,300 +8% |
| 2008 | -- | $30,845 +8% |
| 2007 | -- | $28,561 |
| 2006 | -- | $28,561 +3.3% |
| 2005 | -- | $27,660 +8% |
| 2004 | -- | $25,616 +8% |
| 2003 | -- | $23,727 +8% |
| 2002 | -- | $21,970 |
| 2001 | -- | $21,970 +3.3% |
| 2000 | -- | $21,277 |
Find assessor info on the county website
Neighborhood: South Beach
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Nearby schools
GreatSchools rating
- 8/10Ps 39 Francis J Murphy JrGrades: K-5Distance: 0.4 mi
- 6/10Is 49 Bertha A DreyfusGrades: 6-8Distance: 2 mi
- 4/10Curtis High SchoolGrades: 9-12Distance: 3.7 mi
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Estimated market value
$1,050,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,050,100
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