Duplex with Separate-Entrance
For Sale
$1,025,000
112 Corbin Ave, Staten Island, NY 10308
The property includes a pool, patio, and a large backyard for outdoor use.
Property Size2,308 SF
Price / SF$444.11
Days on Market28
Property Features for 112 Corbin Ave
General Information
Standard status
Active
Size
2,308 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR/3BA, 1 x 1BR
Multifamily Units
2
Amenities
pool
patio
Building Details
Year Built
1980
Buildings
1
Listing Agency:
Village Realty of SI Ltd.
Listed By:
Josephine Tidona
(718) 948-3600
Source:
Statenislandhomelistings
Added: Oct 10
Changed: Nov 5
Last Checked: Nov 4 at 2:02PM
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 Village Realty of SI Ltd.
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Investment Insights
Based on property information with market context.
This 2,308-square-foot duplex has a four-bedroom, three-bathroom home and a one-bedroom apartment on the second floor, accessed by a separate side entrance. Interior features include a newer eat-in kitchen, hardwood bedroom floors, a formal living room and dining room, and a ground-floor three-quarter bath. The basement has laundry facilities and another three-quarter bath. A new roof is also noted.
Outdoor amenities include a patio, swimming pool, and large backyard. Parking is provided by a one-car garage and a carport with space for three cars.
Outdoor amenities include a patio, swimming pool, and large backyard. Parking is provided by a one-car garage and a carport with space for three cars.
Key Highlights
- 2,308‑square‑foot duplex with a one‑bedroom second‑floor apartment and separate side entrance
- Four‑bedroom, three‑bathroom home
- Swimming pool, patio, and large backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,396
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,920
$1.1M
Cap Rate 7%
$819,943
$819.9K
Cap Rate 9%
$637,733
$637.7K
Market Conditions
NOI Build-Up for 2,308 SF
Gross rent
$85.9K $37.20/SF
− Vacancy
−$3.9K −$1.67/SF
EGI
$82.0K $35.53/SF
− OpEx
−$24.6K −$10.66/SF
NOI
$57.4K $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%
$1,147,920
Cap Rate 7%
$819,943
Cap Rate 9%
$637,733
Alternative Uses
Best Use
Multifamily LT 5
$819.9K
$717.5K – $956.6K
NOI $57,396 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$731.2K
$639.8K – $853.0K
NOI $51,182 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$1.10M
$963.6K – $1.28M
NOI $77,088 @ 7.0% cap · market cap 7.52%
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
693
Businesses Nearby
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Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
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 - The property includes a pool, patio, and a large backyard for outdoor use.
Where is this duplex located?
The property is located at 112 Corbin Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: 2,308‑square‑foot duplex with a one‑bedroom second‑floor apartment and separate side entrance; Four‑bedroom, three‑bathroom home; Swimming pool, patio, and large backyard
