Renovated Two-Family
New
For Sale
$598,900
1035 Victory Boulevard, Staten Island, NY 10301
Two separate residences feature individual kitchens, living rooms, and full bathrooms.
Property Size1,344 SF
Days on Market6
Property Features for 1035 Victory Boulevard
General Information
Standard status
Active
Size
1,344 SF
Total Parking Spaces
5
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,806
Building Details
Building Size
1,344 SF
Year Built
1901
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Natalia Zukhovich · License #40ZU1080861
(718) 987-7900
Source:
Wonicarealtors
Added: Oct 7
Changed: Oct 11
Last Checked: Oct 11 at 6:13AM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
This renovated duplex contains two residences arranged across the first and second floors. Each has a kitchen, living room, and full bathroom; the lower unit has two bedrooms, while the upper unit has one. Hardwood flooring, custom interior doors, and newer appliances are among the interior updates. A finished, walk-out basement adds a family room, half bath, closet, storage, and utility room, with a door leading to the yard.
The property at 1035 Victory Blvd in Staten Island also includes a large backyard and a driveway with space for five cars. Both residences are tenant-occupied, with no leases in place. The 1,344-square-foot building was constructed in 1901.
The property at 1035 Victory Blvd in Staten Island also includes a large backyard and a driveway with space for five cars. Both residences are tenant-occupied, with no leases in place. The 1,344-square-foot building was constructed in 1901.
Key Highlights
- Two‑family layout with separate kitchens, living rooms, and full bathrooms
- Finished walk‑out basement includes a family room, half bath, storage, and utility room
- Driveway accommodates 5 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,423
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,460
$668.5K
Cap Rate 7%
$477,471
$477.5K
Cap Rate 9%
$371,367
$371.4K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$50.0K $37.20/SF
− Vacancy
−$2.2K −$1.67/SF
EGI
$47.7K $35.53/SF
− OpEx
−$14.3K −$10.66/SF
NOI
$33.4K $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%
$668,460
Cap Rate 7%
$477,471
Cap Rate 9%
$371,367
Alternative Uses
Best Use
Multifamily LT 5
$477.5K
$417.8K – $557.1K
NOI $33,423 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$425.8K
$372.6K – $496.8K
NOI $29,805 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$641.3K
$561.1K – $748.2K
NOI $44,890 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
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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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences feature individual kitchens, living rooms, and full bathrooms.
Where is this duplex located?
The property is located at 1035 Victory Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $598,900.
What are key features of this property?
This property features: Two‑family layout with separate kitchens, living rooms, and full bathrooms; Finished walk‑out basement includes a family room, half bath, storage, and utility room; Driveway accommodates 5 cars
