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Two-Family Ranch with Sun Room

72 Reading Avenue Staten Island, NY 10312

Claim this Listing
Pending
$1,198,000

MULTI_FAMILY - Ranch - Staten Island, NY

Type:Single Family Residence
Property size:
3,060 SF
Lot size:
0.14 Acres
Added:
Apr 14, 2026
Days on Market:
92
Last Refresh:
Jul 14 at 7:06 am

Property Features for 72 Reading Avenue

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
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, Garage
Patio and Porch features
Patio
Interior features
Walk-In Closet(s)
Basement
Finished
Standard status
Pending
APN
5643138
Size
3,060 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Annual Amount
8805

Utilities

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

Building Details

Year built
1983
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding, Wood Siding
Architectural style
Ranch

Listing agent Marion Donovan

Listing office Connie Profaci Realty 40 New Dorp Lane, Staten Island, NY

Listing date Apr 14, 2026

MLS# 2601964 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.

72 Reading Avenue is a two-family broadside ranch located on a private dead-end street in the Eltingville section of Staten Island. The property includes an updated one-bedroom apartment with a private side entrance, plus a main level featuring three bedrooms, including a primary en-suite with a walk-in closet and an additional closet. A second full bathroom serves the remaining bedrooms and common areas.

The main living and dining area offers open-concept flow with soaring ceilings, a cozy fireplace, and custom built-ins. The home also includes a light-filled kitchen that opens to a sun room overlooking the backyard. The finished lower level provides additional living space with high ceilings, an open layout, a fireplace, a 3/4 bathroom, and a wall of sliding glass windows.

A garage adds storage convenience. The property sits on a 60 x 100 lot and features a paved patio, two private driveways, and a pool.

Key Highlights

  • Two‑family broadside ranch built in 1983 in the Eltingville section of Staten Island
  • Updated 1‑bedroom apartment with a private side entrance for additional income or multi‑generational use
  • Main level includes 3 bedrooms, open living/dining area with soaring ceilings and fireplace, plus kitchen that opens to a sun room

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 $117.5k $38.40
− Vacancy −$9.5k −$3.10
EGI $108.0k $35.30
− OpEx −$32.4k −$10.59
NOI $75.6k $24.71
3,060 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.08M
$945.2K – $1.26M (±1% cap)
NOI $75,615 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$950.4K
$831.6K – $1.11M (±1% cap)
NOI $66,526 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,205 @ 7.0% cap · market cap 8.53%
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 Restaurant Parking Lot & Garage Spa & Massage Center Building Supply Grocery & Convenience Store Food Market Hair Salon Barber Shop

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

FAQs

What type of property is this?
Duplex - Two-family ranch with an updated one-bedroom apartment and multiple indoor living areas, plus finished lower level and garage.
Where is this duplex located?
The property is located at 72 Reading Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Two‑family broadside ranch built in 1983 in the Eltingville section of Staten Island; Updated 1‑bedroom apartment with a private side entrance for additional income or multi‑generational use; Main level includes 3 bedrooms, open living/dining area with soaring ceilings and fireplace, plus kitchen that opens to a sun room
Contact an agent
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