Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    33 Ludwig Lane Staten Island, NY 10303

    View on Map
    Pending
    $699,000

    MULTI_FAMILY - Staten Island, NY

    Property size:
    2,000 SF
    Lot size:
    0.05 Acres
    Added:
    Sep 9, 2025
    Days on Market:
    205
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 33 Ludwig Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R3-2
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 5, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 2
    Parking features
    On Street, Carport
    Patio and Porch features
    Deck
    Fencing
    Fenced
    Basement
    Finished, Full
    Standard status
    Pending
    APN
    01680-0120
    Size
    2,000 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    5489

    Utilities

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

    Building Details

    Year built
    1999
    Floors in Building
    2
    Number of units
    2
    Building materials
    Vinyl Siding

    We can help!

    Listing Contact
    Ahmed Oun

    Listing agent Ahmed Oun

    Listing office Robert DeFalco Realty, Inc. 1678 Hylan Blvd., STATEN ISLAND, NY

    Listing date Sep 9, 2025

    MLS# 2505311

    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.

    Overview

    Renovated Two-Family Townhouse, Staten Island

    Located at 33 Ludwig Lane, Staten Island, NY 10303, this two-family townhouse offers a blend of modern living and investment potential. The property, fully renovated in 2025, features timeless finishes and contemporary details. The main residence includes a chef's kitchen equipped with white shaker cabinetry and quartz countertops, opening into spacious living areas with hardwood floors. The upper level houses three bedrooms, a full bathroom, and an additional half bath. The lower-level apartment, accessible via a private entrance, has a new kitchen and a modern full bathroom, suitable for extended family or rental income. Situated near Forest Avenue, the home provides access to shopping, dining, and public transportation, within a desirable school district. The property is move-in ready and located in a convenient neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.158551
    Latitude
    40.622535

    Nearby Similar for Sale

    • $4,500,000
      11,250 SF

      Staten Island Commercial Building For Sale

      Commercial building near downtown St. George with high ceilings.
      526 Richmond Terrace, Staten Island, NY 10301
      View Details
    • $850,000
      1,612 SF

      Versatile Staten Island Office Opportunity

      Adaptable office space or residential conversion potential in Staten Island.
      1562 Drumgoole Road East, Staten Island, NY 10309
      View Details
    • $950,000

      Staten Island Medical Office Building

      Medical office building with high visibility in prime location.
      3767 Richmond Ave, Staten Island, NY 10312
      View Details
    • $2,488,888
      5,600 SF

      Standalone Commercial Asset with Drive-Thru

      Former bank building in Staten Island's New Dorp business corridor.
      257 New Dorp Lane, Staten Island, NY 10306
      View Details
    • $2,690,000
      24,225 SF

      Staten Island Mixed-Use Investment

      Three-story mixed-use building with retail and office space.
      3974 Amboy Road, Staten Island, NY 10308
      View Details
    • $70,000
      1,500 SF

      Turn-Key Asian Restaurant Opportunity

      Established Asian restaurant for sale in a high-traffic Staten Island location.
      1351 Forest Avenue, Staten Island, NY 10302
      View Details
    • $280,000
      1,600 SF

      Established Gift Shop Business Opportunity

      Turnkey gift shop business for sale in Staten Island, NY.
      933 Richmond Avenue, Staten Island, NY 10314
      View Details
    • $999,000
      3,542 SF

      Staten Island Multifamily Opportunity

      Three-unit property with potential for additional income.
      7355 Amboy Road, Staten Island, NY 10307
      View Details
    • $1,490,000

      Staten Island Mixed-Use Investment

      Vacant mixed-use building near Verrazano Bridge with high potential.
      233 Sand Lane, Staten Island, NY 10305
      View Details
    • $1,480,000
      2,875 SF

      Prime Bay Street Retail Opportunity

      High-visibility location ideal for restaurant, retail, or office use.
      1221 Bay Street, Staten Island, NY 10305
      View Details
    • $11,000
      2,520 SF

      Turn-Key Restaurant in South Beach

      Fully operational restaurant for sale in Staten Island.
      124 Ocean Avenue, Staten Island, NY 10305
      View Details
    • $898,000
      2,754 SF

      Staten Island Two-Family Smart Home

      Updated two-family home with flexible living and investment potential.
      108 Fahy Avenue, Staten Island, NY 10314
      View Details

    FAQs

    What type of property is this?
    Duplex - Modern, renovated two-family townhouse near Forest Avenue, Staten Island.
    Where is this duplex located?
    The property is located at 33 Ludwig Lane Staten Island, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Fully renovated two‑family townhouse (renovated in 2025) offering both modern living and investment potential.; Lower‑level apartment with private entrance, brand‑new kitchen, and modern full bathroom, ideal for rental income or extended family.; Stunning chef's kitchen with white shaker cabinetry, quartz countertops, and premium upgrades.
    (347) 466-1819
    We can help!
    Listing Contact
    Ahmed Oun
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!