Renovated Grymes Hill Two-Family
28 Pearl St, Staten Island, NY 10304
Fully renovated two-family home in desirable Grymes Hill neighborhood.
Type:Multi Family
Property size:
2,600 SFPrice / SF:
$384/SF- Added:
- Apr 27, 2026
- Days on Market:
- 38
- Last Refresh:
- Apr 27 at 11:05 am
Property Features for 28 Pearl St
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1901
Listing agent Margaret Eng-Wallace (718) 667-8000
Listing office DiTommaso Real Estate (718) 667-8000
Listing date Apr 27, 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 DiTommaso Real Estate
HighLights
- Fully renovated 2‑family home in the desirable Grymes Hill neighborhood.
- Excellent transit score (78) with easy access to the Staten Island Ferry and Verrazzano‑Narrows Bridge for convenient commuting to NYC.
- Two units, each with three bedrooms, totaling 6 bedrooms and 4 baths, offering ample space and versatility.
- Walk Score of 92, designated as a 'Walker's Paradise' with close proximity to local shopping, dining, and schools.
- Fully finished basement with side entrance and full bath, suitable for an office or recreation room.
- Proximity to Silver Lake Park, Staten Island Children's Museum, and Staten Island Museum.
Overview
Located in the Grymes Hill neighborhood of Staten Island, 28 Pearl Street is a renovated two-family home. This multi-level residence offers over 2,600 sq. ft. of living space. Both units feature three bedrooms, for a total of six bedrooms and four baths. The property blends classic charm with upgrades. A fully finished basement includes a side entrance, additional space, and a full bath, suitable for an office or recreation room. The home features natural light, contemporary finishes, and flexible layouts. Grymes Hill offers scenic elevations and proximity to Silver Lake Park, which features trails, open green space, and recreation options, as well as other neighborhood parks and cultural destinations like the Staten Island Children's Museum and Staten Island Museum. Commuter access includes connections to transit, the Staten Island Ferry, and the Verrazzano-Narrows Bridge. Local shopping, dining, and schools are within reach. The property is suitable for investors seeking rental income or large families searching for space.
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 | $99.8k | $38.40 |
| − Vacancy | −$8.1k | −$3.10 |
| EGI | $91.8k | $35.30 |
| − OpEx | −$27.5k | −$10.59 |
| NOI | $64.2k | $24.71 |
2,600 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$917.8K
$803.1K – $1.07M
NOI $64,248 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$841.1K
$736.0K – $981.3K
NOI $58,880 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,841 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.085266
- Latitude
- 40.627144
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully renovated two-family home in desirable Grymes Hill neighborhood.
Where is this duplex located?
The property is located at 28 Pearl St Staten Island, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Fully renovated 2‑family home in the desirable Grymes Hill neighborhood.; Excellent transit score (78) with easy access to the Staten Island Ferry and Verrazzano‑Narrows Bridge for convenient commuting to NYC.; Two units, each with three bedrooms, totaling 6 bedrooms and 4 baths, offering ample space and versatility.
