Updated Two-Family Residential
126 Mulberry Avenue Staten Island, NY 10314
For Sale
$1,088,000
Fully updated two-family semi-attached home with renovated kitchens and baths plus solar panels and a finished basement.
Property Size2,295 SF
Price / SF$474.07
Days on Market254
Property Features for 126 Mulberry Avenue
General Information
- Standard status
- Active
- Size
- 2,295 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1980
Listing Agency:
Ashford Homes LLC
(917) 622-6919
Listed By:
Jason Huang · License #10401306319
(917) 622-6919
Source:
Compass
Added: Nov 14, 2025
Changed: Jul 21
Last Checked: Jul 25 at 12:07PM
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 Ashford Homes LLC
Investment Insights
Based on property information with market context.
This fully updated two-family, semi-attached residential home features renovated kitchens and bathrooms in both units, along with modern flooring and modern appliances. The main unit includes a bright living and dining room combination, an updated kitchen with newer appliances, and a half bath on the first level. Upstairs, it offers a large primary bedroom with a private full bath, two additional bedrooms, and another full bathroom. A fully finished basement provides additional usable space.
The second unit is a ground-floor one-bedroom, one-bathroom apartment. The property also includes newly installed, fully paid-off solar panels intended to support efficiency.
Located in the Bulls Head area, the home is described as being convenient to local and express buses, shopping, and restaurants. The layout provides two distinct living spaces, with the finished basement adding flexibility to the overall property configuration.
The second unit is a ground-floor one-bedroom, one-bathroom apartment. The property also includes newly installed, fully paid-off solar panels intended to support efficiency.
Located in the Bulls Head area, the home is described as being convenient to local and express buses, shopping, and restaurants. The layout provides two distinct living spaces, with the finished basement adding flexibility to the overall property configuration.
Key Highlights
- Two‑family semi‑attached home with fully updated kitchens and bathrooms in both units
- Renovated interiors with modern flooring and modern appliances
- Central air conditioning, gas forced‑air heating, and vinyl siding
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 | $93.6k | $40.80 |
| − Vacancy | −$4.2k | −$1.84 |
| EGI | $89.4k | $38.96 |
| − OpEx | −$26.8k | −$11.69 |
| NOI | $62.6k | $27.27 |
2,295 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$894.2K
$782.5K – $1.04M
NOI $62,596 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$829.2K
$725.5K – $967.4K
NOI $58,043 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$1.10M
$958.2K – $1.28M
NOI $76,654 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully updated two-family semi-attached home with renovated kitchens and baths plus solar panels and a finished basement.
Where is this duplex located?
The property is located at 126 Mulberry Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,088,000.
What are key features of this property?
This property features: Two‑family semi‑attached home with fully updated kitchens and bathrooms in both units; Renovated interiors with modern flooring and modern appliances; Central air conditioning, gas forced‑air heating, and vinyl siding
