All-Electric Solar-Powered
383 Philip Avenue Staten Island, NY 10312
383 Philip Avenue, Staten Island, NY, 10312
$1,575,000
Pending
For Sale
$1,575,000
Pending
MULTI_FAMILY - Staten Island, NY
Property Size3,200 SF
Lot Size0.14 Acres
Days on Market156
Property Features for 383 Philip Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- R3-1
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 5, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 5, Bathroom 1
- Parking features
- Off Street, Open
- Interior features
- Walk-In Closet(s)
- Basement
- Full, Finished
- Standard status
- Pending
- APN
- 06457-0001
- Size
- 3,200 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14000
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding
Listing agency
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed by
Laura B Vallone
(917) 880-7818
Added: Feb 16 Updated: Jul 10 at 9:57PM Checked: Jul 22 at 3:06PM
MLS# 2600824
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 brand new construction duplex by Savo Brothers is an all-electric residence featuring a 15-panel solar energy system. The home is described as approximately 4,000 square feet and includes finishes such as Pella windows, solid oak flooring, and raised panel interior doors with crown moldings. The kitchen is highlighted with a large center island, custom cabinetry, and designer overhead lighting.
Located at 383 Philip Avenue in Staten Island (Richmond County), the property is listed under zoning R3-1. The solar system is noted as qualifying the homeowner for state and property tax rebates, according to the public remarks.
Located at 383 Philip Avenue in Staten Island (Richmond County), the property is listed under zoning R3-1. The solar system is noted as qualifying the homeowner for state and property tax rebates, according to the public remarks.
Key Highlights
- Brand new construction (2025) by Savo Brothers in Annandale
- All‑electric home with a 15‑panel solar energy system; qualifies for state and property tax rebates
- Approx. 4,000 SF interior with central air cooling and forced‑air/electric heating
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 | $122.9k | $38.40 |
| − Vacancy | −$9.9k | −$3.10 |
| EGI | $113.0k | $35.30 |
| − OpEx | −$33.9k | −$10.59 |
| NOI | $79.1k | $24.71 |
3,200 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$988.4K – $1.32M
NOI $79,075 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$993.8K
$869.6K – $1.16M
NOI $69,569 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,881 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Brand new all-electric duplex with a 15-panel solar energy system and high-end finishes throughout.
Where is this duplex located?
The property is located at 383 Philip Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Brand new construction (2025) by Savo Brothers in Annandale; All‑electric home with a 15‑panel solar energy system; qualifies for state and property tax rebates; Approx. 4,000 SF interior with central air cooling and forced‑air/electric heating
