Duplex with Finished
For Sale
$1,298,000
Pending
123 Hooper Avenue, Staten Island, NY 10306
Two three-bedroom residences are complemented by a finished lower level with a summer kitchen and additional rooms.
Property Size2,522 SF
Days on Market9
Property Features for 123 Hooper Avenue
General Information
Standard status
Pending
Size
2,522 SF
Property subtype
Residential Income
Zoning
R3X
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,124
Amenities
finished basement
summer kitchen
private yard
detached garage
3
true
5
6
Ceiling Fan(s)
Back Yard
5399
51.42X105
0.12
Driveway,Detached,Additional Parking
2522
Building Details
Building Size
2,522 SF
Year Built
1960
Year Renovated
2022
Buildings
1
Stories
3
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Maria T Albanesi-Cortese · License #30AL0899365
(718) 987-7900
Source:
Matiasrealestatenyc
Added: Oct 29
Changed: Nov 4
Last Checked: Nov 5 at 8:57AM
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 detached duplex contains two residences, each configured with three bedrooms and two full bathrooms. The first-floor unit connects to a finished basement featuring a summer kitchen, two additional rooms, and a separate exit to the backyard. The property was rebuilt in 2022 and includes a detached garage and private yard on a corner lot. The building contains 2,522 square feet, and the lot measures 0.12 acres, with dimensions of 51.42 by 105 feet.
Zoned R3X, the property is minutes from public transportation and train service to New York City. Nearby everyday destinations include supermarkets, retail, restaurants, and schools.
Zoned R3X, the property is minutes from public transportation and train service to New York City. Nearby everyday destinations include supermarkets, retail, restaurants, and schools.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- 2,522‑square‑foot detached duplex, rebuilt in 2022
- Finished basement with summer kitchen, two additional rooms, and separate backyard access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,063
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,260
$1.3M
Cap Rate 7%
$915,186
$915.2K
Cap Rate 9%
$711,811
$711.8K
Market Conditions
NOI Build-Up for 2,522 SF
Gross rent
$96.8K $38.40/SF
− Vacancy
−$5.3K −$2.11/SF
EGI
$91.5K $36.29/SF
− OpEx
−$27.5K −$10.89/SF
NOI
$64.1K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,260
Cap Rate 7%
$915,186
Cap Rate 9%
$711,811
Alternative Uses
Best Use
Multifamily LT 5
$915.2K
$800.8K – $1.07M
NOI $64,063 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$813.2K
$711.6K – $948.8K
NOI $56,927 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,235 @ 7.0% cap · market cap 6.49%
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
513
Businesses Nearby
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Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
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 - Two three-bedroom residences are complemented by a finished lower level with a summer kitchen and additional rooms.
Where is this duplex located?
The property is located at 123 Hooper Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,298,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; 2,522‑square‑foot detached duplex, rebuilt in 2022; Finished basement with summer kitchen, two additional rooms, and separate backyard access
