Semi-Attached Two-Family
1069 Armstrong Avenue Staten Island, NY 10308
For Sale
$859,000
Pristine move-in condition with separate utilities, in-unit laundry in both units, and parking for up to four cars.
Property Size1,736 SF
Price / SF$494.82
Days on Market233
Property Features for 1069 Armstrong Avenue
General Information
- Standard status
- Active
- Size
- 1,736 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1987
Listing Agency:
Toscana Property LLC
(917) 753-9881
Listed By:
Antoneta Licollari · License #10401270501
(917) 753-9881
Source:
Compass
Added: Dec 5, 2025
Changed: Jul 21
Last Checked: Jul 25 at 10:07AM
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 Toscana Property LLC
Investment Insights
Based on property information with market context.
This semi-attached two-family duplex is presented in pristine move-in condition. The home is arranged with separate utilities for each unit, and both units feature in-unit laundry. Off-street parking is available for up to four cars, providing practical convenience for residents.
Located on Staten Island, the property is close to shopping, dining, entertainment, and public transportation. Everyday conveniences are within walking distance, and the Staten Island Mall and the Richmond Avenue shopping district are both accessible by a short drive.
Offered for sale as a versatile residential income property, the layout supports independent living while keeping day-to-day operations straightforward with separate utility service.
Located on Staten Island, the property is close to shopping, dining, entertainment, and public transportation. Everyday conveniences are within walking distance, and the Staten Island Mall and the Richmond Avenue shopping district are both accessible by a short drive.
Offered for sale as a versatile residential income property, the layout supports independent living while keeping day-to-day operations straightforward with separate utility service.
Key Highlights
- Two‑family semi‑attached home built in 1987, in pristine move‑in condition
- Separate utilities for both units
- In‑unit laundry in both units
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 | $64.6k | $37.20 |
| − Vacancy | −$2.9k | −$1.67 |
| EGI | $61.7k | $35.53 |
| − OpEx | −$18.5k | −$10.66 |
| NOI | $43.2k | $24.87 |
1,736 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$616.7K
$539.6K – $719.5K
NOI $43,171 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$550.0K
$481.2K – $641.6K
NOI $38,498 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$828.3K
$724.8K – $966.4K
NOI $57,983 @ 7.0% cap · market cap 6.75%
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 - Pristine move-in condition with separate utilities, in-unit laundry in both units, and parking for up to four cars.
Where is this duplex located?
The property is located at 1069 Armstrong Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Two‑family semi‑attached home built in 1987, in pristine move‑in condition; Separate utilities for both units; In‑unit laundry in both units
