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New Construction Two-Family Home

22 Hope Avenue Staten Island, NY 10305

22 Hope Avenue, Staten Island, NY, 10305
$1,499,000
Pending
For Sale
$1,499,000
Pending

MULTI_FAMILY - Staten Island, NY

Property Size2,691 SF
Lot Size0.10 Acres
Days on Market83

Property Features for 22 Hope Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
R3A
Bedrooms
8
Bathrooms
8
Rooms
Bedroom 8, Bedroom 1, Bathroom 8, Bedroom 4, Bathroom 5, Bathroom 9, Bedroom 7, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 6, Bathroom 1, Bathroom 2, Bathroom 10, Bedroom 5, Bedroom 6, Bathroom 7
Parking features
Carport, On Street
Basement
Finished, Full
Standard status
Pending
APN
2863-0029
Size
2,691 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Annual Amount
8500

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
1
Building materials
Stone, Stucco, Vinyl Siding
Listing Agency Homes R Us Realty of NY, Inc.
111 Fingerboard Road, Staten Island, NY
Listed by Svetlana Noll
Added: Apr 29 Checked: Jul 20 at 11:06 am
MLS# 2602367 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.


Investment Insights

Based on property information with market context.

This is a newly constructed two-family home located in the Shore Acres section of Staten Island. Each unit features 4 bedrooms and 2 full bathrooms, along with an open-concept living and dining area. The kitchens are equipped with high-end finishes, stainless steel appliances, and quartz countertops. Large windows provide natural light, and the layouts are designed for comfort and functionality. The primary suites include private baths, and both units offer ample closet space, hardwood flooring, and contemporary fixtures. The property includes a full finished basement with a 3/4 bath and a separate entrance, suitable for additional living space or recreation. There is ample parking space with a 3+ car driveway. Situated on a quiet, tree-lined street, the property is near parks, shopping, dining, and transportation options, including the VZ Bridge, SI expressway, and Ferry. The property is situated on a lot of 0.1 acres and the property size is 2691 square feet. The zoning is R3A. This property is ideal for both homeowners and investors, offering strong income potential in a desirable neighborhood.

Key Highlights

  • Under construction 7‑over‑7 two‑family home, year built 2026, in Staten Island’s Shore Acres section
  • Each unit features 4 bedrooms and 2 full bathrooms with open‑concept living/dining and a custom kitchen
  • Sleek kitchen package includes stainless steel appliances and quartz countertops

Local 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 $109.8k $40.80
− Vacancy −$8.9k −$3.29
EGI $100.9k $37.51
− OpEx −$30.3k −$11.25
NOI $70.7k $26.26
2,691 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.01M
$883.2K – $1.18M (±1% cap)
NOI $70,653 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$928.6K
$812.6K – $1.08M (±1% cap)
NOI $65,004 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,880 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon (Bike/Boat/Book/etc) Store Computer & Electronic Repair Cafe & Coffee Shop Parking Lot & Garage Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New construction two-family home in Shore Acres, Staten Island.
Where is this duplex located?
The property is located at 22 Hope Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Under construction 7‑over‑7 two‑family home, year built 2026, in Staten Island’s Shore Acres section; Each unit features 4 bedrooms and 2 full bathrooms with open‑concept living/dining and a custom kitchen; Sleek kitchen package includes stainless steel appliances and quartz countertops
Contact an agent
More about this property
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