Charming Staten Island Two-Family
For Sale
$875,000
Pending
1 Vine St, Staten Island, NY 10301
Spacious 6-bedroom, 3-bath two-family home with modern updates.
Property Size2,600 SF
Days on Market223
Property Features for 1 Vine St
General Information
Standard status
Pending
Size
2,600 SF
Property subtype
Multi-Family
Building Details
Year Built
1920
Listing Agency:
Redfin Real Estate
Listed By:
Steve Kazoleas
(917) 577-5420
Source:
Statenislandhomelistings
Added: Mar 12
Changed: Oct 1
Last Checked: Oct 19 at 7:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redfin Real Estate
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Investment Insights
Based on property information with market context.
This charming corner two-family property features classic architecture, a welcoming front porch, and strong curb appeal. The residence includes a detached 2-car garage and a private driveway. Located adjacent to the St. George Historic District and in close proximity to the ferry, this spacious property offers a combination of character, functionality, and location. The 6-bedroom, 3-bath residence offers a flexible layout with generously sized rooms, hardwood flooring, and abundant natural light. The living spaces are enhanced by multiple fireplaces, detailed trim work, elegant French doors, and pocket doors. Bright and inviting dining areas flow into the kitchens, including a newly remodeled second-floor kitchen featuring updated cabinetry, modern countertops, and stainless steel appliances. Upper-level bedrooms showcase unique architectural details with pitched ceilings and versatile use options. Additional highlights include a basement providing extra storage or potential living space, roof access, a newer roof, and a single heating unit servicing the property. The yard offers outdoor enjoyment space, while the detached 2-car garage adds convenience and additional storage. A covered front porch and balcony provide even more opportunities for outdoor relaxation. Situated in a well-established Staten Island neighborhood, the property offers convenient access to parks, shopping, dining, transportation, and the Staten Island Ferry. The property size is 2600 square feet.
Key Highlights
- Prime location adjacent to the St. George Historic District and close to the Staten Island Ferry
- Two‑family home with 6 bedrooms and 3 baths, providing flexibility
- Detached 2‑car garage offers secure parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,657
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,293,140
$1.3M
Cap Rate 7%
$923,671
$923.7K
Cap Rate 9%
$718,411
$718.4K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$96.7K $37.20/SF
− Vacancy
−$4.4K −$1.67/SF
EGI
$92.4K $35.53/SF
− OpEx
−$27.7K −$10.66/SF
NOI
$64.7K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,293,140
Cap Rate 7%
$923,671
Cap Rate 9%
$718,411
Alternative Uses
Best Use
Multifamily LT 5
$923.7K
$808.2K – $1.08M
NOI $64,657 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$823.7K
$720.7K – $961.0K
NOI $57,658 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,841 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,462
Businesses Nearby
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Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Spacious 6-bedroom, 3-bath two-family home with modern updates.
Where is this duplex located?
The property is located at 1 Vine St Staten Island, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Prime location adjacent to the St. George Historic District and close to the Staten Island Ferry; Two‑family home with 6 bedrooms and 3 baths, providing flexibility; Detached 2‑car garage offers secure parking
