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New Staten Island Two-Family Home

12 Simonson Ave Staten Island, NY 10303

Claim this Listing
For Sale
$848,000

New two-family home with rental income potential in Staten Island.

Type:Multi Family
Property size:
2,223 SF
Price / SF:
$381.47/SF
Added:
May 14, 2026
Days on Market:
62
Last Refresh:
Jul 2 at 4:20 pm

Property Features for 12 Simonson Ave

General Information

Standard status
Active
Size
2,223 SF
Property subtype
Multi Family

Building Details

Year Built
2023

Listing office Momentum Real Estate LLC

Listing date May 14, 2026

Source Elliman

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 Momentum Real Estate LLC


Investment Insights

Based on property information with market context.

This is a new construction two-family home located in Staten Island. The building has an actual area of 2223 square feet. It features central air conditioning throughout, with separate heating systems and water boilers for each unit. The property includes a studio apartment with a full bathroom, suitable for rental income or accommodating extended family. The main unit consists of 3 bedrooms and 2.5 bathrooms (2 full and 1 half), a formal living room, and a kitchen/dining room combination. The property also features a spacious backyard and a private driveway. The location has a walk score of 61, indicating it is somewhat walkable, a bike score of 43, indicating it is somewhat bikeable, and a transit score of 54, indicating good transit options.

Key Highlights

  • Brand‑new 2023 construction two‑family home.
  • Main unit: Features 3 bedrooms and 2.5 bathrooms, along with a formal living room and kitchen/dining room combination.
  • Separate heating systems and water boilers for each unit.

Local 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 $82.7k $37.20
− Vacancy −$3.7k −$1.67
EGI $79.0k $35.53
− OpEx −$23.7k −$10.66
NOI $55.3k $24.87
2,223 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$789.7K
$691.0K – $921.4K (±1% cap)
NOI $55,282 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$704.2K
$616.2K – $821.6K (±1% cap)
NOI $49,297 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$1.06M
$928.1K – $1.24M (±1% cap)
NOI $74,249 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Spa & Massage Center Accounting Firm Gym & Fitness Center Skin Care Clinic Parking Lot & Garage Home Appliance Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New two-family home with rental income potential in Staten Island.
Where is this duplex located?
The property is located at 12 Simonson Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $848,000.
What are key features of this property?
This property features: Brand‑new 2023 construction two‑family home.; Main unit: Features **3 bedrooms and 2.5 bathrooms**, along with a formal living room and kitchen/dining room combination.; Separate heating systems and water boilers for each unit.
Contact an agent
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