Renovated 2-Family High
127 Madsen Avenue, Staten Island, NY 10309
New
MULTI_FAMILY - Staten Island, NY
Property size:
3,250 SFLot size:
0.11 AcresPrice / SF:
$399/SF- Added:
- Jun 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 10 at 5:06 pm
Property Features for 127 Madsen Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3X
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2
- Parking features
- Garage - Attached
- Patio and Porch features
- Deck
- Interior features
- A/C Unit, Deck, Dishwasher, Dryer, Fireplace, Garage Door Opener(s), Microwave, Pool, Refrigerator, Washer
- Fireplace
- 1
- Standard status
- Active
- Size
- 3,250 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11023
Building Details
- Year built
- 1985
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Wood Frame
- Roof type
- Asphalt
Listing agent Joseph Ranola (855) 450-0442
Listing office Real Broker NY LLC 1859 Flatbush Ave, Brooklyn, NY (347) 312-3458
Listing date Jun 9, 2026
MLS# 501930
Listing URL
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2‑family detached high ranch built in 1985 on a 40 x 125 lot
- Second‑floor main residence features 4 bedrooms, 2 full bathrooms, granite kitchen, and separate dining room
- Covered balcony off the back opens to a staircase down to the yard
- Ground‑floor 2‑bedroom rental apartment
- Attached 1‑car garage plus oversized driveway with parking space for up to 8 additional cars
- Fenced backyard with pool, outdoor kitchen, and patio space
Overview
This detached 2-family high ranch was built in 1985 and has been recently fully renovated. The second-floor main residence offers four bedrooms and two full bathrooms, including a granite kitchen, separate dining room, hardwood floors throughout, and a primary bedroom with its own bath. A covered balcony off the back includes a staircase down to the yard, supporting indoor-outdoor use. The ground floor features a 2-bedroom rental apartment. Parking includes a one-car garage and an oversized driveway with room for additional vehicles. Outside, the property is defined by a fenced yard with a pool, outdoor kitchen, and patio space.
Richmond Valley is located at the southwest tip of Staten Island, where the Outerbridge meets Arthur Kill. Madsen Avenue is minutes off Richmond Valley Road and directly behind Page Avenue, with convenient access to the Outerbridge and nearby dining and shopping along Page Avenue. Charleston, Tottenville, and Pleasant Plains are also minutes away by car, and Staten Island University Hospital South Campus is under two miles.
This configuration works well for an owner-occupant seeking a renovated main home paired with a separate 2-bedroom rental, along with an outdoor setup designed for everyday enjoyment. The detached layout, generous yard improvements, and multiple off-street parking spots provide practical day-to-day flexibility for a wide range of buyers.
Richmond Valley is located at the southwest tip of Staten Island, where the Outerbridge meets Arthur Kill. Madsen Avenue is minutes off Richmond Valley Road and directly behind Page Avenue, with convenient access to the Outerbridge and nearby dining and shopping along Page Avenue. Charleston, Tottenville, and Pleasant Plains are also minutes away by car, and Staten Island University Hospital South Campus is under two miles.
This configuration works well for an owner-occupant seeking a renovated main home paired with a separate 2-bedroom rental, along with an outdoor setup designed for everyday enjoyment. The detached layout, generous yard improvements, and multiple off-street parking spots provide practical day-to-day flexibility for a wide range of buyers.
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 | $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.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.233135
- Latitude
- 40.524292
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully renovated detached two-family with four-bedroom owner unit, two-bedroom rental, and fenced yard amenities.
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: 2‑family detached high ranch built in 1985 on a 40 x 125 lot; Second‑floor main residence features 4 bedrooms, 2 full bathrooms, granite kitchen, and separate dining room; Covered balcony off the back opens to a staircase down to the yard
