Two-Family Duplex With EV-Charger
For Sale
$1,249,999
Pending
1233 Arden Avenue, Staten Island, NY 10312
MULTI_FAMILY - Staten Island, NY
Property Size2,300 SF
Lot Size0.09 Acres
Days on Market204
Property Features for 1233 Arden Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R-32
Bedrooms
6
Bathrooms
5
Full bathrooms
3
Rooms
Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 5
Parking features
Off Street, Carport
Basement
Full, Finished
Subdivision
Annadale
Standard status
Pending
APN
05593-0026
Size
2,300 SF
Lot size
0.09 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
EV-charger ready
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Listing Agency:
Berkshire Hathaway HomeService Cangiano Estates
(718) 605-5800
Listed By:
Robert Masucci
(718) 605-5800
Added: Feb 1
Changed: Aug 3
Last Checked: Aug 24 at 8:06PM
MLS# 2600586
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Brand-new 6/6 two-family detached duplex (under construction) offering approximately 2,300 square feet of living space on a 79 x 50 lot. The exterior features a cultured stone and stucco facade with vinyl-sided elevations, black Andersen 100 Series windows, aluminum gutters and railings, insulated entry doors, exterior lighting at each entrance, a concrete driveway, and fully sodded grounds. The property is EV-charger ready with weatherproof electrical boxes at both the front and rear.
Interiors include designed floor plans with 9-foot ceilings on the first and second floors and 8-foot basement ceilings. Main living levels have hardwood flooring, with upgraded vinyl flooring in the basement. Oak staircases with pine risers and oak railings are finished with two coats of polyurethane. Bathrooms include ceramic tile flooring, tiled wet areas, and wood vanities. Kitchens feature granite countertops and stainless steel appliances, including a dishwasher, microwave over range, and electric range, along with laundry areas on the second floor and basement.
Energy-efficient systems include high-efficiency forced-air heating with central air conditioning, R-38 ceiling insulation with baffles at eaves, R-21 wall insulation, and 200-amp electrical service built to current code. The duplex includes off-street parking and a carport, public sewer, and is zoned R-32.
Interiors include designed floor plans with 9-foot ceilings on the first and second floors and 8-foot basement ceilings. Main living levels have hardwood flooring, with upgraded vinyl flooring in the basement. Oak staircases with pine risers and oak railings are finished with two coats of polyurethane. Bathrooms include ceramic tile flooring, tiled wet areas, and wood vanities. Kitchens feature granite countertops and stainless steel appliances, including a dishwasher, microwave over range, and electric range, along with laundry areas on the second floor and basement.
Energy-efficient systems include high-efficiency forced-air heating with central air conditioning, R-38 ceiling insulation with baffles at eaves, R-21 wall insulation, and 200-amp electrical service built to current code. The duplex includes off-street parking and a carport, public sewer, and is zoned R-32.
Key Highlights
- EV‑charger ready with weatherproof electrical boxes at both the front and rear
- Under construction new two‑family detached duplex with 6/6 layout
- Approximately 2,300 square feet of living space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,835
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,136,700
$1.1M
Cap Rate 7%
$811,929
$811.9K
Cap Rate 9%
$631,500
$631.5K
Market Conditions
NOI Build-Up for 2,300 SF
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.
Gross rent
$88.3K $38.40/SF
− Vacancy
−$7.1K −$3.10/SF
EGI
$81.2K $35.30/SF
− OpEx
−$24.4K −$10.59/SF
NOI
$56.8K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,136,700
Cap Rate 7%
$811,929
Cap Rate 9%
$631,500
Alternative Uses
Best Use
Multifamily LT 5
$811.9K
$710.4K – $947.3K
NOI $56,835 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$714.3K
$625.0K – $833.4K
NOI $50,003 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$1.10M
$960.3K – $1.28M
NOI $76,821 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - New two-family detached duplex under construction in R-32 zoning with EV-charger readiness and central air conditioning.
Where is this duplex located?
The property is located at 1233 Arden Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,249,999.
What are key features of this property?
This property features: EV‑charger ready with weatherproof electrical boxes at both the front and rear; Under construction new two‑family detached duplex with 6/6 layout; Approximately 2,300 square feet of living space
