Duplex with Solar
New
For Sale
$649,888
113 Van Pelt Avenue, Staten Island, NY 10303
Residential, Duplex, Staten Island, NY
Property Size2,064 SF
Lot Size0.07 Acres
Price / SF$314.87
Days on Market3
Property Features for 113 Van Pelt Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-A
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3
Parking features
Garage
Interior features
A/C Unit - Wall, Dishwasher, Garage Door Opener(s), Microwave
Basement
Crawl Space
Subdivision
Mariners Harbor
Standard status
Active
Size
2,064 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
3802
Building Details
Year built
1935
Floors in Building
2
Flooring type
Tile
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Naeem Ghafoor
(718) 612-3088
Added: Oct 30
Last Checked: Nov 1 at 6:06AM
MLS# 505722
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains 2,064 square feet of covered area, with five bedrooms and two bathrooms. Solar panels and inverters have been added, and the property also has a garage, wall-mounted air conditioning, a dishwasher, and a microwave. Tile flooring and a shingle roof are noted. Built in 1935, the building sits on a 3,256-square-foot lot and is zoned R3-A.
The property is described as having access to transportation and shopping in Staten Island.
The property is described as having access to transportation and shopping in Staten Island.
Key Highlights
- Five bedrooms and two bathrooms
- 2,064 square feet of covered area
- 3,256‑square‑foot lot (0.0747 acres)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,328
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,026,560
$1.0M
Cap Rate 7%
$733,257
$733.3K
Cap Rate 9%
$570,311
$570.3K
Market Conditions
NOI Build-Up for 2,064 SF
Gross rent
$76.8K $37.20/SF
− Vacancy
−$3.5K −$1.67/SF
EGI
$73.3K $35.53/SF
− OpEx
−$22.0K −$10.66/SF
NOI
$51.3K $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%
$1,026,560
Cap Rate 7%
$733,257
Cap Rate 9%
$570,311
Alternative Uses
Best Use
Multifamily LT 5
$733.3K
$641.6K – $855.5K
NOI $51,328 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$653.9K
$572.1K – $762.9K
NOI $45,771 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$984.8K
$861.7K – $1.15M
NOI $68,938 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,236
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 - The five-bedroom, two-bathroom layout includes a garage and wall-mounted air conditioning.
Where is this duplex located?
The property is located at 113 Van Pelt Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $649,888.
What are key features of this property?
This property features: Five bedrooms and two bathrooms; 2,064 square feet of covered area; 3,256‑square‑foot lot (0.0747 acres)
