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Fully Detached Two-Family Duplex
For Sale
$699,900
Pending

333 Hanover Ave, Staten Island, NY 10304

MULTI_FAMILY - Colonial - Staten Island, NY

Property Size1,368 SF
Lot Size0.11 Acres
Days on Market91

Property Features for 333 Hanover Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3A
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Parking features Garage, Off Street, Driveway
Interior features Ceiling Fan(s)
Basement Unfinished, Full
Lot features Front Yard, Back Yard
Subdivision Clifton
Standard status Pending
APN 2892-26
Size 1,368 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 5276

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Forced Air, Natural Gas
Cooling system Window Unit(s)

Building Details

Year built 1932
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Architectural style Colonial
Listing Agency: Keller Williams Realty Staten Island
Listed By: Weiping Liang · License #10401332637
Added: May 4 Changed: Jul 30 Last Checked: Aug 2 at 6:06AM
MLS# 2602459

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.

333 Hanover Ave is a fully detached, Colonial-style two-family home with two separate units and fully independent systems. The home sits on an oversized 5,000 sqft lot and includes approximately 2,000 sqft of total living space, with the first floor at 1,132 sqft and the second floor at 868 sqft. Each unit has its own utilities with 2 gas meters, 2 electric meters, and 2 furnaces. Heating includes natural gas hot water and forced air, and cooling is provided via window A/C units.

The first-floor layout offers a flexible 2–3 bedroom, 1-bath configuration with forced air heating and window A/C. The second-floor unit features 2 bedrooms, 1 full bath with baseboard heating, window A/C, and a laundry room that could support an additional bedroom configuration. A full unfinished basement with a side entrance adds space for additional living, office, or recreation uses.

Additional features include a private 12ft wide driveway and a detached two-car garage. Recent updates include a newer roof about 5 years old and newly completed front steps and masonry in 2025. The property is served by public sewer and is convenient to S93 & S53 buses to Brooklyn and express buses to Manhattan, with minutes access to the Verrazzano Bridge and nearby shopping at Targee Plaza.

Key Highlights

  • Two‑family home with fully independent systems including 2 gas meters, 2 electric meters, and 2 furnaces
  • Approximately 2,000 sqft total living space with 1,132 sqft first floor and 868 sqft second floor
  • Over‑sized 5,000 sqft lot with Colonial exterior and vinyl siding

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 $52.5k $38.40
− Vacancy −$4.2k −$3.10
EGI $48.3k $35.30
− OpEx −$14.5k −$10.59
NOI $33.8k $24.71
1,368 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$482.9K
$422.6K – $563.4K (±1% cap)
NOI $33,804 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$442.6K
$387.3K – $516.3K (±1% cap)
NOI $30,980 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$652.7K
$571.2K – $761.5K (±1% cap)
NOI $45,692 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Parking Lot & Garage

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

978
Businesses Nearby

Demographics for 10304, NY

46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - R3A zoned, fully detached duplex with two units and separate utility systems plus window A/C.
Where is this duplex located?
The property is located at 333 Hanover Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two‑family home with fully independent systems including 2 gas meters, 2 electric meters, and 2 furnaces; Approximately 2,000 sqft total living space with 1,132 sqft first floor and 868 sqft second floor; Over‑sized 5,000 sqft lot with Colonial exterior and vinyl siding
More about this property
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