Duplex with Basement
For Sale
$850,000
109 Bush Ave, Staten Island, NY 10303
Detached two-family property with a three-bedroom primary residence and a separate lower-level one-bedroom unit.
Property Size1,620 SF
Price / SF$524.69
Days on Market136
Property Features for 109 Bush Ave
General Information
Standard status
Active
Size
1,620 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1.5BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Building Details
Year Built
2004
Buildings
1
Listing Agency:
Triolo Realty Group, Inc.
Listed By:
Linda Jabr · License #10401282759
(347) 838-1034
Source:
Statenislandhomelistings
Added: Jun 14
Changed: Oct 26
Last Checked: Oct 26 at 4:21PM
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 Triolo Realty Group, Inc.
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Investment Insights
Based on property information with market context.
Built in 2004, this detached duplex contains 1,620 square feet. The main residence has three bedrooms and one and a half bathrooms, while a separate basement-level unit has one bedroom and one bathroom.
The property is in Staten Island, with access to local transportation, shopping, schools, parks, and neighborhood amenities. The main unit has a tenant and may not be delivered vacant; the basement unit is vacant.
The property is in Staten Island, with access to local transportation, shopping, schools, parks, and neighborhood amenities. The main unit has a tenant and may not be delivered vacant; the basement unit is vacant.
Key Highlights
- Detached two‑family property with 1,620 square feet
- Main residence has 3 bedrooms and 1.5 bathrooms
- Separate basement‑level unit includes 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,286
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,720
$805.7K
Cap Rate 7%
$575,514
$575.5K
Cap Rate 9%
$447,622
$447.6K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$60.3K $37.20/SF
− Vacancy
−$2.7K −$1.67/SF
EGI
$57.6K $35.53/SF
− OpEx
−$17.3K −$10.66/SF
NOI
$40.3K $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%
$805,720
Cap Rate 7%
$575,514
Cap Rate 9%
$447,622
Alternative Uses
Best Use
Multifamily LT 5
$575.5K
$503.6K – $671.4K
NOI $40,286 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$513.2K
$449.1K – $598.8K
NOI $35,925 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$773.0K
$676.4K – $901.8K
NOI $54,108 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
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Business Placement
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Detached two-family property with a three-bedroom primary residence and a separate lower-level one-bedroom unit.
Where is this duplex located?
The property is located at 109 Bush Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Detached two‑family property with 1,620 square feet; Main residence has 3 bedrooms and 1.5 bathrooms; Separate basement‑level unit includes 1 bedroom and 1 bathroom
