Water-View
For Sale
$1,899,999
131 Hopping Avenue, Staten Island, NY 10307
The two-family layout combines a main residence with a separate one-bedroom apartment and extensive outdoor amenities.
Property Size4,704 SF
Price / SF$403.91
Days on Market13
Property Features for 131 Hopping Avenue
General Information
Standard status
Active
Size
4,704 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R1-2
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,346
Amenities
inground saltwater pool
custom outdoor kitchen
lounge area
bocce ball court
wraparound porch
wood-burning fireplace
radiant heated tile floors
wet bar
gym
sauna
playroom
Ceiling Fan(s)
Central Vacuum
Walk-In Closet(s)
Balcony
Building Details
Building Size
4,704 SF
Year Built
1988
Stories
2
Units
2
Listing Agency:
Weichert Realtors Truhomes
(718) 673-8602
Listed By:
Adam Ross
(347) 322-4321
Source:
Connieprofaci
Added: Oct 15
Changed: Oct 25
Last Checked: Oct 26 at 3:40AM
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 Weichert Realtors Truhomes
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Investment Insights
Based on property information with market context.
This 4,704-square-foot duplex, built in 1988, contains a primary residence and a separate one-bedroom apartment. The main home includes a finished basement with a bedroom, bathroom, wet bar, gym, sauna, and playroom. A two-car garage adds on-site parking. The apartment has an eat-in kitchen, living area, sitting area, and marble bathroom with a soaking tub and steam shower.
Views extend across the Arthur Kill toward the New Jersey shoreline. Outdoor features include an inground saltwater pool, outdoor kitchen, lounge area, bocce ball court, and wraparound porch. The property is zoned R1-2.
Views extend across the Arthur Kill toward the New Jersey shoreline. Outdoor features include an inground saltwater pool, outdoor kitchen, lounge area, bocce ball court, and wraparound porch. The property is zoned R1-2.
Key Highlights
- Two‑family duplex with a separate one‑bedroom apartment
- 4,704 square feet; built in 1988
- Inground saltwater pool, outdoor kitchen, lounge area, and bocce ball court
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,980
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,339,600
$2.3M
Cap Rate 7%
$1,671,143
$1.7M
Cap Rate 9%
$1,299,778
$1.3M
Market Conditions
NOI Build-Up for 4,704 SF
Gross rent
$175.0K $37.20/SF
− Vacancy
−$7.9K −$1.67/SF
EGI
$167.1K $35.53/SF
− OpEx
−$50.1K −$10.66/SF
NOI
$117.0K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,339,600
Cap Rate 7%
$1,671,143
Cap Rate 9%
$1,299,778
Alternative Uses
Best Use
Multifamily LT 5
$1.67M
$1.46M – $1.95M
NOI $116,980 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$1.49M
$1.30M – $1.74M
NOI $104,316 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M
NOI $157,115 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
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Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-family layout combines a main residence with a separate one-bedroom apartment and extensive outdoor amenities.
Where is this duplex located?
The property is located at 131 Hopping Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,899,999.
What are key features of this property?
This property features: Two‑family duplex with a separate one‑bedroom apartment; 4,704 square feet; built in 1988; Inground saltwater pool, outdoor kitchen, lounge area, and bocce ball court
