Renovated Two-Unit
For Sale
$1,100,000
12 Oswego Street, Staten Island, NY 10301
Rebuilt in 2015 with separate entrances serving the two residential units.
Property Size1,691 SF
Days on Market51
Property Features for 12 Oswego Street
General Information
Standard status
Active
Size
1,691 SF
Total Parking Spaces
5
Elevators
Yes
Property subtype
Duplex
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,000
Amenities
professional landscaping
heated garage
air compressor
Building Details
Building Size
1,691 SF
Year Built
1925
Year Renovated
2015
Buildings
2
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Marylou Palladino · License #0569214
(917) 363-6076
Source:
Wonicarealtors
Added: Sep 2
Changed: Oct 21
Last Checked: Oct 21 at 6:57AM
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 Robert DeFalco Realty, Inc.
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Investment Insights
Based on property information with market context.
This duplex contains two 2-bedroom apartments, each with its own entrance, arranged across the lower and second levels. The property was completely rebuilt in 2015. A detached garage building adds capacity for 5 cars and includes heating, an elevator lift, and an air compressor. Professional landscaping completes the exterior presentation.
The property is in Staten Island near transportation serving Manhattan, Brooklyn, and the Staten Island Ferry. Shopping is nearby, while Clove Lake and Silver Lake Parks are within walking distance. The configuration supports either owner occupancy or leasing, as reflected by the two-unit layout and separate access.
The property is in Staten Island near transportation serving Manhattan, Brooklyn, and the Staten Island Ferry. Shopping is nearby, while Clove Lake and Silver Lake Parks are within walking distance. The configuration supports either owner occupancy or leasing, as reflected by the two-unit layout and separate access.
Key Highlights
- Two 2‑bedroom apartments with separate entrances
- Completely rebuilt in 2015
- Detached garage accommodates 5 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,052
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,040
$841.0K
Cap Rate 7%
$600,743
$600.7K
Cap Rate 9%
$467,244
$467.2K
Market Conditions
NOI Build-Up for 1,691 SF
Gross rent
$62.9K $37.20/SF
− Vacancy
−$2.8K −$1.67/SF
EGI
$60.1K $35.53/SF
− OpEx
−$18.0K −$10.66/SF
NOI
$42.1K $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%
$841,040
Cap Rate 7%
$600,743
Cap Rate 9%
$467,244
Alternative Uses
Best Use
Multifamily LT 5
$600.7K
$525.7K – $700.9K
NOI $42,052 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$535.7K
$468.8K – $625.0K
NOI $37,500 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$806.9K
$706.0K – $941.3K
NOI $56,480 @ 7.0% cap · market cap 5.13%
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
961
Businesses Nearby
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Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Rebuilt in 2015 with separate entrances serving the two residential units.
Where is this duplex located?
The property is located at 12 Oswego Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two 2‑bedroom apartments with separate entrances; Completely rebuilt in 2015; Detached garage accommodates 5 cars
