36 Hamilton Ave Unit 4h · New York, NY 10301

$309,000

1 bd · 1.0 ba · 900 sqft · Condo · 13 Days on market

Built 1964

---

Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Cash flow +4.5/30.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• 1% rule +3.6/10.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Extra Large 1 Br. apartment with large living room space. Bonus Room or dining room adjacent to kitchen. Manhattan/Harbor Views from Living room and bedroom. Very Bright and tons of closet space. 5 Min walk to the FREE Staten Island ferry and other transportation (MTA train, busses, fast ferry to Midtown), walking distance to shopping and dining at the Empire Outlets. Exterior or building recently updated. Hallways and the lobby have been recently renovated. Beautifully maintained private yard with gas BBQ grills, bistro tables and lounge chairs. Roof-top deck with stunning 360 views. On-site gym, and Laundry

Key facts

• Generous closets
• Modern kitchen
• Updated bathroom

Tags

• MANHATTAN SKYLINE VIEWS
• NEW YORK HARBOR VIEWS
• MODERN KITCHEN
• UPDATED BATHROOM
• GENEROUS CLOSETS
• FULL-SERVICE BUILDING

Property features AI

Finance

• Other: Parcel number: 00010-0019
• HOA & community: Part of 36 Hamilton Ave Tenants Corp; Monthly association with amenities including a health club; Association fee covers taxes, snow removal, sewer, outside maintenance, water, and gas

Exterior

• Parking: On-street parking
• Utilities: Electric: 220 volts
• Home design: Brick construction; Single-story; Built circa 2025 (approximate); Excellent condition; Zoning: R6A
• Construction: Brick exterior; Built around 2025; 1 story
• Exterior features: Handicap accessible; Has waterview

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Heating: Natural gas, Steam, Oil; Cooling: Units (central air)
• Interior features: Walk-in closet(s); Central air conditioning (units)

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $309k.

Deal economics

• At list price, monthly cash flow is $-794 ($-10k/yr) — negative.
• To cash-flow at today's rent, offer at most $304k (1.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $266k (13.9% below list).
• Recommended offer: $266k (13.9% below list) — sets the bar for 1% rule.
• Cap rate 3.2% vs local median 2.6% in New York — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 75/100 on livability (#268 in NY, #4,188 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: crime F, cost of living F.
• Zoned schools: Elm Tree Elementary School (math 27% / reading 52%, grade F, #1,444 of 2,108 statewide, top 71%, 806 students, 94% FRL); Is 61 William A Morris (math 22% / reading 57%, grade F, #418 of 729 statewide, top 59%, 932 students, 84% FRL); Midwood High School (math 94% / reading 96%, grade A+, #83 of 1,100 statewide, top 8%, 4,062 students, 73% FRL).
• Market conditions: Rents rising fast (+6.1%/yr); 265 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 480 units permitted in Richmond County in 2024 (22 in 5+ unit buildings).
• This rent runs 37% of the median local income ($86k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Richmond County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 29% of rent.
• Climate carrying-cost: major wind risk, 52% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $266,039 (13.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.86% ✗
• Cap rate: 3.21%
• Cash-on-cash: -11.01%
• DSCR: 0.51
• GRM: 9.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 6.07% rent growth · sell at horizon

5-year hold

• IRR: -31.1%
• Equity multiple: -0.06×
• Total profit: $-91,647
• Equity at exit: $46,073

10-year hold

• IRR: -19.3%
• Equity multiple: -0.22×
• Total profit: $-105,817
• Equity at exit: $26,717

Cash invested: $86,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City New York: 0 Strongly Tenant-Friendly · D+34

Rent Stabilization Code; HSTPA; 6+ months in housing court.

Methodology + full state rankings →

ZIP-level market 10301

• Rents YoY: 6.1%
• Active inventory: 265
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,660 medium
• Mortgage (P&I): −$1,620
• Tax est. 1.5%: −$386 /mo · $4,635/yr
• Insurance: −$129
• HOA est. from 3 same-building comps: −$760
• Vacancy / Maint / Mgmt: −$559
• Net cashflow: $-794

Break-even live

Break-even rent $3,665

Max offer price $194,147

Occupancy floor —

Sensitivity live

Price	-10% $-580	-5% $-687	+0% $-794	+5% $-900	+10% $-1,007
Rent	-10% $-1,004	-5% $-899	+0% $-794	+5% $-689	+10% $-584
Rate	-1.0pp $-638	-0.5pp $-715	base $-794	+0.5pp $-874	+1.0pp $-955

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $77,250
• Closing costs: $9,270
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
430 Saint Marks Pl Unit 3b Staten Island, NY	2.0	1.0	885	$3,200	$3.62	26d	1	0.41mi
0 Victory Blvd Unit 1 FL Staten Island, NY	2.0	1.0	900	$2,500	$2.78	26d	1	0.56mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: gasgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 8 events

1. 2026-06-21
   days on market $309,000 Active 13 DOM
2. 2026-06-18
   days on market $309,000 Active 10 DOM
3. 2026-06-17
   days on market $309,000 Active 9 DOM
4. 2026-06-16
   days on market $309,000 Active 8 DOM
5. 2026-06-15
   days on market $309,000 Active 7 DOM
6. 2026-06-13
   days on market $309,000 Active 5 DOM
7. 2026-06-08
   remarks 699-char remark
8. 2026-06-08
   listed $309,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 52% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,925
• − Mortgage interest: −$17,309
• − Property taxes: −$4,635
• − Insurance: −$1,545
• − Repairs & maintenance: −$2,554
• − Management: −$2,554
• − HOA: −$9,120
• − Depreciation: −$8,989
• Taxable loss: −$14,781
• Est. tax savings @ 24.0%: +$3,547
• After-tax cash flow: $-5,977/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — New York

• Score: 75/100
• State rank: #268
• US rank: #4188

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A- Housing C+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New York, NY
• County: Richmond County · 404,174 people
• City population: 7,731,280
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 41,052
• Household income: $85,609
• Rent vs Own: 54.2% rent · 45.8% own
• Severe rent burden: 2008.0

Population outlook (Richmond County) Hauer SSP2

• Today (2025): 482,784 people
• By 2030: 481,831 · -0.2%
• By 2040: 473,159 · -2.0%
• By 2050: 457,242 · -5.3%
• By 2075: 408,029 · -15.5%
• By 2100: 341,459 · -29.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: White 37% Hispanic / Latino 29% Black 23% Two or more races 16% Asian 7%
• Hispanic origin (detail): Mexican 5% Puerto Rican 10% Cuban 2% Dominican 6%
• Common ancestry: Romanian 3% Scotch-Irish 2% Italian 1%
• Foreign-born: 22% · Canada, China, Jamaica
• Languages at home: 68% English-only · Spanish 16% Other Indo-European 5% Russian/Polish/Slavic 3%

Political lean MEDSL · Richmond

• 2024 margin: Strong R (+29.8) · D 35.1% · R 64.9%
• 2008→2024 swing: -25.7pp toward R · 2008: -4.0pp · 2024: -29.8pp
• All cycles: 2024: R+29.8 2020: R+14.9 2016: R+16.8 2012: D+0.8 2008: R+4.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -407.37%
• Current HPI: 319.0616
• Rent YoY: ▲ 6.07%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+94.3% since first listed

19 events — show timeline

• 2026-06-08 Listed $309,000 SIBORMLS
• 2023-10-30 Sold (MLS) $275,000 SIBORMLS
• 2023-07-10 Pending — SIBORMLS
• 2023-06-21 Contingent — SIBORMLS
• 2023-06-07 Price Changed $293,000 SIBORMLS
• 2023-04-11 Price Changed $294,000 SIBORMLS
• 2023-03-20 Price Changed $295,000 SIBORMLS
• 2023-03-06 Price Changed $296,000 SIBORMLS
• 2023-01-27 Price Changed $297,000 SIBORMLS
• 2022-10-27 Price Changed $298,000 SIBORMLS
• 2022-07-27 Listed $299,000 SIBORMLS
• 2014-11-29 Listing Removed — SIBORMLS
• 2014-11-28 Listing Removed — SIBORMLS
• 2010-01-25 Listed $229,000 SIBORMLS
• 2008-12-05 Listed $230,000 SIBORMLS
• 2008-05-13 Sold (MLS) $205,000 SIBORMLS
• 2007-08-30 Listed $215,000 SIBORMLS
• 2004-07-19 Sold (MLS) $155,000 SIBORMLS
• 2004-04-23 Listed $159,000 SIBORMLS