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Duplex with Ground-Level Apartment
For Sale
$1,779,900
Pending

1018 Ionia Ave, Staten Island, NY 10309

A two-family residence combines an expansive main home with a separate ground-level apartment and attached garage.

Property Size3,629 SF
Days on Market61

Property Features for 1018 Ionia Ave

General Information

Standard status Pending
Size 3,629 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

front porch
attached garage
alarm
laundry hookups

Building Details

Year Built 2026
Buildings 1
Construction colonial
Listing Agency: Barbara A. Smith
Listed By: Barbara Smith · License #10351207568
Source: Statenislandhomelistings
Added: Sep 7 Changed: Nov 1 Last Checked: Nov 4 at 2:23PM

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 Barbara A. Smith

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Investment Insights

Based on property information with market context.

Under construction for spring 2027 delivery, this 3,629-square-foot duplex pairs a two-story main residence with a ground-level one-bedroom apartment. The main home has four upstairs bedrooms, three baths, a large kitchen with quartz waterfall countertops, a butler’s bar and walk-in pantry, plus adjoining family, dining and living rooms. A second-floor laundry room and a lower-level recreation room with a three-quarter bath add further functional space.

The apartment includes laundry hookups. Additional features include hardwood floors, Pella windows, a curved oak staircase, a linear fireplace, radiant heating throughout the first floor and in the second-floor baths, and an attached garage. The exterior combines natural stone and stucco and includes a front porch.

Key Highlights

  • 3,629‑square‑foot duplex with a ground‑level one‑bedroom apartment
  • Main residence includes 4 upstairs bedrooms and 3 baths
  • Apartment has laundry hookups; dedicated laundry room is also located on the second floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,247
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,804,940 $1.8M
Cap Rate 7%
$1,289,243 $1.3M
Cap Rate 9%
$1,002,744 $1.0M
Market Conditions
NOI Build-Up for 3,629 SF
Gross rent
$135.0K $37.20/SF
− Vacancy
−$6.1K −$1.67/SF
EGI
$128.9K $35.53/SF
− OpEx
−$38.7K −$10.66/SF
NOI
$90.2K $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%
$1,804,940
Cap Rate 7%
$1,289,243
Cap Rate 9%
$1,002,744

Alternative Uses

Best Use
Multifamily LT 5
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,247 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,477 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M (±1% cap)
NOI $121,209 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby

Demographics for 10309, NY

33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A two-family residence combines an expansive main home with a separate ground-level apartment and attached garage.
Where is this duplex located?
The property is located at 1018 Ionia Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,779,900.
What are key features of this property?
This property features: 3,629‑square‑foot duplex with a ground‑level one‑bedroom apartment; Main residence includes 4 upstairs bedrooms and 3 baths; Apartment has laundry hookups; dedicated laundry room is also located on the second floor
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