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Split-Level Two-Unit Residential Property

52 Ridgewood Avenue Staten Island, NY 10312

52 Ridgewood Avenue, Staten Island, NY, 10312
$1,299,000
For Sale
$1,299,000

MULTI_FAMILY - Colonial - Staten Island, NY

Property Size3,360 SF
Lot Size0.09 Acres
Price / SF$386.61
Days on Market19

Property Features for 52 Ridgewood Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-2
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 1, Bathroom 2
Parking features
Driveway
Fencing
Fenced
Basement
Apartment
Standard status
Active
APN
5507-0197
Size
3,360 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
11503

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air

Building Details

Year built
1993
Floors in Building
3
Number of units
1
Building materials
Brick
Architectural style
Colonial
Listing Agency Homes R Us Realty of NY, Inc.
111 Fingerboard Road, Staten Island, NY
Listed by Miroslava Simanovsky · License #40SI0750581
Added: Jul 2 Checked: Jul 20 at 11:06 am
MLS# 2603763 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 split-level colonial-style two-unit property features a main residence with three bedrooms and three bathrooms, including a grand foyer, formal living and dining rooms, a spacious eat-in kitchen (renovated five years ago), and a family room with a gas fireplace. Sliding glass doors open to a large deck overlooking an in-ground pool. Hardwood floors run throughout, and stainless steel appliances are included, along with a washer and dryer.

An additional rental apartment provides a separate 1-bedroom layout with a living room and kitchen combo and a full bathroom. The home includes a private driveway and garage. The roof is reported to be approximately six years old, and the property is described as being in excellent condition. The property is zoned R3-2.

For owner-occupants and investors, the configuration offers an on-site income-producing rental unit alongside a spacious family layout. With key day-to-day amenities noted as within walking distance, the property may appeal to buyers seeking a practical live-and-collect setup while keeping much of the household’s footprint dedicated to the main residence.

Key Highlights

  • Split‑level main residence with 3 bedrooms and 3 bathrooms plus an additional 1‑bedroom rental apartment
  • Eat‑in kitchen was renovated 5 years ago and includes stainless steel appliances
  • Family room features a gas fireplace and sliding glass doors to a large deck and in‑ground pool

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 $129.0k $38.40
− Vacancy −$10.4k −$3.10
EGI $118.6k $35.30
− OpEx −$35.6k −$10.59
NOI $83.0k $24.71
3,360 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $83,028 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$1.04M
$913.1K – $1.22M (±1% cap)
NOI $73,048 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $112,225 @ 7.0% cap · market cap 8.64%
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 Parking Lot & Garage Building Supply Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - A split-level home with a 3-bedroom main residence and a separate 1-bedroom rental unit.
Where is this duplex located?
The property is located at 52 Ridgewood Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Split‑level main residence with 3 bedrooms and 3 bathrooms plus an additional 1‑bedroom rental apartment; Eat‑in kitchen was renovated 5 years ago and includes stainless steel appliances; Family room features a gas fireplace and sliding glass doors to a large deck and in‑ground pool
Contact an agent
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