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Renovated Duplex with Finished Basement
For Sale
$849,000
Pending

278 Barnard Avenue, Staten Island, NY 10307

Residential, Staten Island, NY

Property Size1,280 SF
Lot Size0.05 Acres
Days on Market101

Property Features for 278 Barnard Avenue

General Information

Property type Residential
Property subtype Duplex
Zoning R3 A
Bedrooms 3
Bathrooms 3
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 2
Parking features Driveway
Basement Finished, Full
Appliances Dishwasher
Lot features Back Yard, Side
Subdivision Tottenville
Standard status Pending
APN 8042-112
Size 1,280 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 6326

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1996
Floors in Building 2
Building materials Brick, Vinyl Siding
Architectural style Colonial
Listing Agency: JM Properties
Listed By: Daniela J Sclafani · License #10401290560
Added: Jul 1 Changed: Oct 8 Last Checked: Oct 9 at 4:06AM
MLS# 2603724

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 renovated duplex is a Colonial-style property built in 1996, offering 1,280 square feet on a 0.0543-acre lot. The home includes three bedrooms, a newly updated kitchen with a dishwasher, and a finished basement with a wet bar, 3/4 bath, and separate side entrance. The basement can serve as additional living, recreation, office, or exercise space. A finished backyard extends the usable area, while brick and vinyl siding provide the exterior finish.

The property has forced-air natural gas heating, central air, public sewer, and driveway parking. It is located near parks, schools, shopping, dining, and transportation in Staten Island, New York. R3 A zoning is reported for the property.

Key Highlights

  • Renovated duplex with 1,280 square feet of property size
  • Finished basement with wet bar, 3/4 bath, and separate side entrance
  • Three‑bedroom layout with a newly updated kitchen and dishwasher

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,831
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,620 $636.6K
Cap Rate 7%
$454,729 $454.7K
Cap Rate 9%
$353,678 $353.7K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$47.6K $37.20/SF
− Vacancy
−$2.1K −$1.67/SF
EGI
$45.5K $35.53/SF
− OpEx
−$13.6K −$10.66/SF
NOI
$31.8K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,620
Cap Rate 7%
$454,729
Cap Rate 9%
$353,678

Alternative Uses

Best Use
Multifamily LT 5
$454.7K
$397.9K – $530.5K (±1% cap)
NOI $31,831 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$405.5K
$354.8K – $473.1K (±1% cap)
NOI $28,385 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$610.7K
$534.4K – $712.5K (±1% cap)
NOI $42,752 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office Daycare Center Travel Agency Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

840
Businesses Nearby

Demographics for 10307, NY

14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Colonial-style property with central air, a private driveway, and a finished lower level with separate exterior access.
Where is this duplex located?
The property is located at 278 Barnard Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Renovated duplex with 1,280 square feet of property size; Finished basement with wet bar, 3/4 bath, and separate side entrance; Three‑bedroom layout with a newly updated kitchen and dishwasher
More about this property
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