Two-Family Residence with Finished
106 Sharpe Avenue Staten Island, NY 10302
For Sale
Contact for pricing
Two-family home with multiple finished interior areas, including a basement with summer kitchen and a tenant-occupied upper unit.
Property Size2,200 SF
Price / SF$352.27
Days on Market20
Property Features for 106 Sharpe Avenue
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1899
Listing Agency:
Top Choice Realty LLC
(929) 488-3666
Listed By:
Habib Ahmad · License #10401350313
Source:
Crexi
Added: Jul 7
Changed: Jul 23
Last Checked: Jul 25 at 1:13PM
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 Top Choice Realty LLC
Investment Insights
Based on property information with market context.
This two-family residence offers a flexible, expanded interior layout with multiple finished spaces. The first unit includes three bedrooms, including an oversized primary bedroom, along with a bright living room and a full kitchen with a pantry. It also provides direct access to a huge backyard, plus a fully finished basement that features a summer kitchen and two additional rooms.
The second unit spans the second and third floors and is currently tenant-occupied, generating rental income. It includes three bedrooms, a spacious living room, and a full kitchen with a pantry. In addition, the second unit includes a fully finished attic with two extra rooms, creating an expansive layout.
Located in Port Richmond on Staten Island, the property is described as being close to shopping, schools, parks, and public transportation, supporting convenient day-to-day access.
The second unit spans the second and third floors and is currently tenant-occupied, generating rental income. It includes three bedrooms, a spacious living room, and a full kitchen with a pantry. In addition, the second unit includes a fully finished attic with two extra rooms, creating an expansive layout.
Located in Port Richmond on Staten Island, the property is described as being close to shopping, schools, parks, and public transportation, supporting convenient day-to-day access.
Key Highlights
- Two‑family home built in 1899 in Port Richmond, Staten Island, with a finished basement and finished attic space
- First unit offers 3 bedrooms, including an oversized primary bedroom, plus a bright living room and full kitchen with pantry
- First unit provides direct access to a huge backyard
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 | $81.8k | $37.20 |
| − Vacancy | −$3.7k | −$1.67 |
| EGI | $78.2k | $35.53 |
| − OpEx | −$23.4k | −$10.66 |
| NOI | $54.7k | $24.87 |
2,200 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$781.6K
$683.9K – $911.8K
NOI $54,710 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$697.0K
$609.8K – $813.1K
NOI $48,787 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$1.05M
$918.5K – $1.22M
NOI $73,480 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family home with multiple finished interior areas, including a basement with summer kitchen and a tenant-occupied upper unit.
Where is this duplex located?
The property is located at 106 Sharpe Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑family home built in 1899 in Port Richmond, Staten Island, with a finished basement and finished attic space; First unit offers 3 bedrooms, including an oversized primary bedroom, plus a bright living room and full kitchen with pantry; First unit provides direct access to a huge backyard
