101 Myrtle Avenue
Staten Island · Parcel 5001820062
49,208 sq ft
Building area
Analysis
AI-generated Risk: Medium
The property offers solid equity but is constrained by over‑building and existing safety penalties, making it a moderate‑risk acquisition.
The good
- Assessed value of $2,750,850 and market value on record of $6,113,000 indicate strong equity potential.
- Enforcement penalties are $0, showing no recent summons fines.
- Only one safety violation is unpaid, limiting exposure to regulatory debt.
- Fourteen open violations translate to 0.4 per unit, a manageable level for a 34‑unit building.
The bad
- Building is over‑built for residential use, exceeding the residential floor‑area limit.
- Safety violation penalties of $3,000 remain unpaid and add to hidden costs.
- No arms‑length sale recorded, meaning no recent market transaction to confirm price.
- Unused buildable square footage cannot be added because the building is already over‑built.
Written by a language model from this property's own figures — the same numbers shown on this page. It introduces no facts of its own: every figure it cites is checked against the data before the text is shown. It is a reading of the numbers, not a professional opinion, and it can be wrong about emphasis even when it is right about arithmetic. See our methodology.
What the numbers say
Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.
Already larger than residential zoning would allow
The building occupies a floor-area ratio of 0.95, against a residential limit of 0.75 — it is over that limit by 0.20. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands. A higher limit of 1.00 does apply to community-facility use, which produces an apparent 2,582 sq ft of headroom — but that is not residential floor area and is not interchangeable with it. Reading that number as room for more apartments is the most expensive mistake available in this data.
Unresolved conditions on record
14 violations remain open across 34 residential units (about 0.4 per apartment), against an outstanding penalty balance of $0.00. A significant open count with little money attached usually means habitability items that were never certified as corrected, rather than a few expensive enforcement actions — an administrative problem more than a financial one, though it is still a problem.
Assessed value trend
Assessed value has risen 26.3% across the 5 assessment years on record (2023 to 2027), standing at $2,750,850. Because tax is levied on the assessed figure rather than on market value, a sustained move here tends to show up in the bill.
Development & zoning
Floor-area ratio
| Built | 0.95 |
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| Residential limit | 0.75 |
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| Commercial limit | 0.00 |
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| Community-facility limit | 1.00 |
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Development headroom (calculated) calculated
| Highest permitted ratio | 1.00 |
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| Unused ratio | 0.05 |
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| Unused buildable area | 2,582 sq ft |
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| Lot area | 51,642 sq ft |
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Value & taxes
Assessment
| Assessed total | $2,750,850 |
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| Assessed land | $580,950 |
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| Assessed building | $2,169,900 |
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| Market value on record | $6,113,000 |
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| Assessed as % of market | 45.0% |
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Tax
| Tax class | 4 |
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| Taxable assessed | $2,750,850 |
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| Tax rate | 10.592% |
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| Estimated annual levy | $291,370.03 |
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| Tax exemption (assessed value) | Article Xi — $2,750,850 (through 2028) |
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The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.
Assessed value by year
| Year | Assessed value | Change |
|---|
| 2027 | $2,750,850 | — |
| 2026 | $2,425,050 | +13.4% |
| 2025 | $2,357,550 | +2.9% |
| 2024 | $2,309,850 | +2.1% |
| 2023 | $2,178,000 | +6.1% |
Building & occupancy
Structure
| Year built | 1986 |
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| Floors | 2 |
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| Building area | 49,208 sq ft |
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| Residential area | — |
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| Commercial area | 49,208 sq ft |
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Occupancy
| Total units | 34 |
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| Residential units | 34 |
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| Building class | I7 |
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Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | Stapleton (SIR) — 2.09 mi |
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| School district | 31 |
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| Police precinct | 120 |
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| Nearest firehouse | Engine 156 — 412 Broadway |
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Location risk
| Flood zone | Minimal hazard (Zone X) |
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| Hurricane evacuation zone | Not in an evacuation zone |
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| Evictions on record | 1 (most recent 2024) |
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Energy & emissions
| Energy use intensity | 55.3 kBtu/ft² |
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| Greenhouse-gas emissions | 199 metric tons/yr |
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Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
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| 486 Delafield Avenue | 2025-10-08 | $586,000 | 1,231 | $476 |
| 496 Delafield Avenue | 2024-08-15 | $645,000 | 1,559 | $414 |
| 508 Delafield Avenue | 2024-04-30 | $825,000 | 2,000 | $413 |
| 514 Delafield Avenue | 2021-06-02 | $700,000 | 2,352 | $298 |
| 472 Delafield Avenue | 2021-05-13 | $550,000 | 1,542 | $357 |
| 508 Delafield Ave | 2019-08-23 | $640,000 | 2,000 | $320 |
| 464 Delafield Avenue | 2019-01-31 | $435,000 | 1,457 | $299 |
| 438 North Burgher Avenue | 2017-02-13 | $250,000 | 2,761 | $91 |
Record activity
Compliance calculated
| Open violations | 14 |
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| Open per residential unit | 0.4 (calculated) |
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| Enforcement penalties | $0.00 |
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| Safety-violation penalties | Not available |
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| Total penalties owed | $3,000.00 (calculated) |
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| On tax-lien sale list | No |
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Activity
| Complaints recorded | 29 |
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| Permits / alterations | 17 |
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| Recorded documents | 0 |
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| Legal proceedings | 0 |
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Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.
Ownership & last recorded sale
Owner of record
| Owner | Olivet St Vincent Hdfc |
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| Parcel | 5001820062 |
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| Block | 182 |
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| Lot | 62 |
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Last recorded transfer
| Date | — |
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| Recorded price | — |
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| Price per unit | Not meaningful |
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| Price vs assessed | Not meaningful |
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Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.
Open violations
Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
Permits & alterations
The absence of a permit does not prove no work was done — it may equally mean work was done without one.
About this page
Compiled from New York City public records — data retrieved 4 days ago. Coverage on this parcel: 15 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.
This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.