New Staten Island Two-Family
168 Otis Avenue, Staten Island, NY 10306
MULTI_FAMILY - Staten Island, NY
Property size:
4,919 SFLot size:
0.10 AcresPrice / SF:
$355/SF- Added:
- Jan 12, 2026
- Days on Market:
- 130
- Last Refresh:
- May 22 at 3:06 am
Property Features for 168 Otis Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- R3-X
- Bedrooms
- 6
- Bathrooms
- 7
- Rooms
- Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 6, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 7, Bedroom 6, Bathroom 5, Bathroom 4
- Parking features
- Off Street
- Basement
- Full, Finished
- Standard status
- Active
- APN
- 03633-0059
- Size
- 4,919 SF
- Lot size
- 0.10 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl Siding
Listing agent Huan Kuei Lo (718) 668-2550
Listing office Homes R Us Realty of NY, Inc. 111 Fingerboard Road, Staten Island, NY (718) 668-2550
Listing date Jan 12, 2026
MLS# 2600211
Listing URL
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brand‑new, oversized (30' x 57' footprint) custom‑built two‑family home with 6 over 6 layouts, ideal for owner‑occupancy with rental income or investment.
- High‑end finishes throughout, including designer chef's kitchens with custom cabinetry and premium surfaces.
- Each unit features 3 bedrooms with walk‑in closets and 2 full bathrooms, providing ample living space and storage.
- Constructed with exceptional structural quality and durability, featuring solid framing, structural steel beams, copper plumbing, and all‑new underground drainage.
- Convenient location near transportation, shopping, and everyday amenities, including a 3‑minute drive to HL Supermarket.
- Private parking available, a valuable amenity in Staten Island.
Overview
This brand-new, oversized custom-built two-family residence is located at 168 Otis Ave. The property features a desirable 6 over 6 layout within a 30' x 57' building footprint. Constructed with attention to structural quality, long-term durability, and high-end finishes, this developer-built home includes three electric meters and private parking. Each unit features 3 bedrooms, 2 full bathrooms, and a walk-in closet in every bedroom. The designer chef's kitchens include custom cabinetry, large center islands, slab-style premium surfaces, and a pot filler. The home features top-of-the-line Andersen 400 Series windows throughout, a premium stone and stucco exterior facade, and custom wrought iron entry doors. Solid framing, structural steel beams, copper plumbing, all-new underground drainage, metal conduit electrical, and professionally fire-stopped penetrations are present throughout. The home offers bright, open layouts, generous living and dining areas, and high-end finishes. The property is conveniently located near transportation, shopping, and everyday amenities, including a 3-minute drive to HL Supermarket. The lot size is 0.1 acres and the property size is 4919 square feet. This property offers an opportunity to own a high-quality, oversized, custom-built two-family home in Staten Island.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$1.39M
NOI $124,950 @ 9.00% cap · cautious / downside scenario
Moderate
$1.78M
NOI $124,950 @ 7.00% cap · market / base-case scenario
Aggressive
$2.50M
NOI $124,950 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $188.9k | $38.40 |
| − Vacancy | −$10.4k | −$2.11 |
| EGI | $178.5k | $36.29 |
| − OpEx | −$53.6k | −$10.89 |
| NOI | $125.0k | $25.40 |
4,919 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$1.78M
$1.56M – $2.08M
NOI $124,950 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$1.59M
$1.39M – $1.85M
NOI $111,032 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,296 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.111739
- Latitude
- 40.575487
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Oversized, custom-built two-family home with high-end finishes and private parking.
Where is this duplex located?
The property is located at 168 Otis Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Brand‑new, oversized (30' x 57' footprint) custom‑built two‑family home with 6 over 6 layouts, ideal for owner‑occupancy with rental income or investment.; High‑end finishes throughout, including designer chef's kitchens with custom cabinetry and premium surfaces.; Each unit features 3 bedrooms with walk‑in closets and 2 full bathrooms, providing ample living space and storage.
