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Spacious Two-Family Home in Shore Acres

10 Andrease Street Staten Island, NY 10305

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Well-maintained two-family home with rental income potential.

Type:Multifamily
Property size:
3,169 SF
Price / SF:
$337.33/SF
Added:
May 14, 2026
Days on Market:
62
Last Refresh:
Jun 28 at 8:34 am

Property Features for 10 Andrease Street

General Information

Standard status
Active
Size
3,169 SF
Property subtype
Multifamily

Building Details

Year Built
2004

Listing office Homes R Us Realty of NY, Inc.

Listing date May 14, 2026

Source Crexi

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 Homes R Us Realty of NY, Inc.


Investment Insights

Based on property information with market context.

This spacious and well-maintained two-family detached home is located in the desirable Shore Acres neighborhood. The main unit features 4 generously sized bedrooms, 2 full bathrooms, and 1 half bath, along with a kitchen, formal dining room, and oversized living room. Hardwood floors and large windows throughout the home provide plenty of natural light. A bright and inviting family room offers direct access to the private backyard. The second unit is a well-sized 1-bedroom, 1-bathroom apartment, perfect for extended family, guests, or additional rental income. The property offers generous closet space, a private backyard, and a huge patio ideal for outdoor entertaining. The property size is 3169 square feet. It is conveniently located close to parks, restaurants, shopping, and transportation, and just minutes from the Verrazano Bridge.

Key Highlights

  • Two‑family detached home ideal for extended family, guests, or rental income.
  • Main unit features 4 bedrooms, 2 full bathrooms, and 1 half bath.
  • Convenient location near parks, restaurants, shopping, and transportation.

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 $129.3k $40.80
− Vacancy −$10.4k −$3.29
EGI $118.9k $37.51
− OpEx −$35.7k −$11.25
NOI $83.2k $26.26
3,169 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,203 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$1.09M
$956.9K – $1.28M (±1% cap)
NOI $76,550 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,845 @ 7.0% cap · market cap 9.90%
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 Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Computer & Electronic Repair Accounting Firm Skin Care Clinic

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

FAQs

What type of property is this?
Duplex - Well-maintained two-family home with rental income potential.
Where is this duplex located?
The property is located at 10 Andrease Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,069,000.
What are key features of this property?
This property features: Two‑family detached home ideal for extended family, guests, or rental income.; Main unit features **4 bedrooms, 2 full bathrooms, and 1 half bath.**; Convenient location near parks, restaurants, shopping, and transportation.
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