Two-Family Residential Income
194 Nugent Street Staten Island, NY 10306
For Sale
$1,149,000
MULTI_FAMILY - Staten Island, NY
Property Size2,246 SF
Lot Size0.14 Acres
Price / SF$511.58
Days on Market189
Property Features for 194 Nugent Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R1-3
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 2
- Parking features
- On Street, Off Street
- Patio and Porch features
- Deck
- Fencing
- Fenced
- Basement
- Partially Finished, Full
- Standard status
- Active
- APN
- 02264-0031
- Size
- 2,246 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10467
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1905
- Floors in Building
- 3
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
Edward A Mezzadri Jr. · License #10401297160
(718) 370-3200
Added: Jan 18
Changed: Jul 25
Last Checked: Jul 26 at 2:06PM
MLS# 2600395
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.
Investment Insights
Based on property information with market context.
This two-family residential income property provides separate living space alongside the primary residence. The primary single-family home was originally built in 1905 and underwent a complete rebuild in 2006. Its first floor features an open concept with a living room, dining room, eat-in kitchen, three bedrooms, and two baths, along with a partially finished basement. The home also includes two cooling units and a deck off the dining room that leads to a fully decked above-ground pool.
In addition to the primary residence, the property includes an extra living space with a living room, kitchen, two bedrooms with walk-in closets, and a 3/4 bathroom. The property is zoned R1-3 as a two-family property.
The lot size is 5,899 square feet, supporting the combined residential configuration and outdoor improvements described above.
In addition to the primary residence, the property includes an extra living space with a living room, kitchen, two bedrooms with walk-in closets, and a 3/4 bathroom. The property is zoned R1-3 as a two-family property.
The lot size is 5,899 square feet, supporting the combined residential configuration and outdoor improvements described above.
Key Highlights
- Two‑family zoning; offers separate living space in addition to the primary single‑family home
- Primary home originally built in 1905 with a complete rebuild in 2006
- 5,899 sq ft lot; fenced property with deck off the dining room
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.2k | $38.40 |
| − Vacancy | −$4.7k | −$2.11 |
| EGI | $81.5k | $36.29 |
| − OpEx | −$24.5k | −$10.89 |
| NOI | $57.1k | $25.40 |
2,246 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$815.0K
$713.2K – $950.9K
NOI $57,052 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$724.2K
$633.7K – $845.0K
NOI $50,697 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$1.07M
$937.7K – $1.25M
NOI $75,017 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family property with separate living spaces, including an open-concept primary home and an additional unit with two bedrooms.
Where is this duplex located?
The property is located at 194 Nugent Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Two‑family zoning; offers separate living space in addition to the primary single‑family home; Primary home originally built in 1905 with a complete rebuild in 2006; 5,899 sq ft lot; fenced property with deck off the dining room
