Detached Two-Family High
127 Madsen Avenue Staten Island, NY 10309
For Sale
$1,299,000
Pending
MULTI_FAMILY - Contemporary - Staten Island, NY
Property Size3,250 SF
Lot Size0.12 Acres
Days on Market48
Property Features for 127 Madsen Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3X
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bedroom 8, Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 5, Bedroom 7, Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 1
- Parking features
- Off Street
- Patio and Porch features
- Deck, Patio
- Interior features
- Ceiling Fan(s)
- Exterior features
- Balcony
- Fencing
- Fenced
- Standard status
- Pending
- Size
- 3,250 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11023
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
Building Details
- Year built
- 1985
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Stone, Stucco, Vinyl Siding
- Architectural style
- Contemporary
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Joseph Ranola
(631) 721-9468
Added: Jun 9
Changed: Jul 24
Last Checked: Jul 26 at 12:06PM
MLS# 2603231
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.
127 Madsen Avenue is a detached two-family high ranch built in 1985, recently fully renovated. The second-floor main residence offers four bedrooms and two full bathrooms, along with a granite kitchen, a separate dining room, hardwood floors throughout, and a primary bedroom with its own bathroom. A covered balcony off the back opens to a staircase down to the yard.
The ground floor includes a two-bedroom rental apartment plus additional flexible studio space that has functioned as extended-family or guest quarters. The property also has a one-car garage and an oversized driveway with room for another 8 cars.
Outdoors, the yard is equipped for everyday use and entertaining, with a pool, outdoor kitchen, fenced perimeter, and patio space. Richmond Valley is on Staten Island’s South Shore near the Outerbridge, with nearby dining and shopping on Page Avenue. Charleston, Tottenville, and Pleasant Plains are minutes away by car, and Staten Island University Hospital South Campus is under two miles. The Outerbridge Crossing provides access to central New Jersey.
The ground floor includes a two-bedroom rental apartment plus additional flexible studio space that has functioned as extended-family or guest quarters. The property also has a one-car garage and an oversized driveway with room for another 8 cars.
Outdoors, the yard is equipped for everyday use and entertaining, with a pool, outdoor kitchen, fenced perimeter, and patio space. Richmond Valley is on Staten Island’s South Shore near the Outerbridge, with nearby dining and shopping on Page Avenue. Charleston, Tottenville, and Pleasant Plains are minutes away by car, and Staten Island University Hospital South Campus is under two miles. The Outerbridge Crossing provides access to central New Jersey.
Key Highlights
- Detached 2‑family high ranch built in 1985 on a 40' x 125' lot
- Second‑floor main residence features 4 bedrooms, 2 full bathrooms, granite kitchen, and hardwood floors throughout
- Primary bedroom includes its own bathroom; separate dining room plus a covered balcony off the back leading to the yard
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 | $120.9k | $37.20 |
| − Vacancy | −$5.4k | −$1.67 |
| EGI | $115.5k | $35.53 |
| − OpEx | −$34.6k | −$10.66 |
| NOI | $80.8k | $24.87 |
3,250 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.35M
NOI $80,822 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$1.03M
$900.9K – $1.20M
NOI $72,072 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,551 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Recently fully renovated two-family detached home with high-ranch layout, pool yard, covered balcony, and flexible studio space.
Where is this duplex located?
The property is located at 127 Madsen Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Detached 2‑family high ranch built in 1985 on a 40' x 125' lot; Second‑floor main residence features 4 bedrooms, 2 full bathrooms, granite kitchen, and hardwood floors throughout; Primary bedroom includes its own bathroom; separate dining room plus a covered balcony off the back leading to the yard
