Two-Family Duplex with
New
For Sale
$1,899,999
131 Hopping Avenue, Staten Island, NY 10307
Residential Income, Staten Island, NY
Property Size4,704 SF
Lot Size0.23 Acres
Price / SF$403.91
Days on Market2
Property Features for 131 Hopping Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1-2
Bedrooms
5
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 5, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2
Parking features
Driveway, Open
Security features
Security System
Patio and Porch features
Deck
Pool private
1
Interior features
Walk-In Closet(s), Central Vacuum, Ceiling Fan(s)
Exterior features
Balcony
Fencing
Fenced
Basement
Finished, Full
Lot features
Back Yard
Subdivision
Tottenville
Standard status
Active
APN
8005-0183
Size
4,704 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
13346
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Amenities
inground saltwater pool
custom outdoor kitchen
lounge area
bocce ball court
wraparound porch
water views
gym
sauna
playroom
Building Details
Year built
1988
Floors in Building
2
Number of units
2
Building materials
Brick, Stucco
Architectural style
Colonial
Listing Agency:
Weichert Realtors Truhomes
(718) 673-8602
Listed By:
Adam Ross
(347) 322-4321
Added: Oct 15
Last Checked: Oct 16 at 4:06PM
MLS# 2605833
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.
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Investment Insights
Based on property information with market context.
This two-family duplex at 131 Hopping Avenue offers 4,704 square feet, with a primary residence and a separate one-bedroom apartment. The main home includes a gourmet kitchen, a family room with a wood-burning fireplace, and a primary suite with a private bath and walk-in closet. Its finished basement adds a bedroom, bathroom, wet bar, gym, sauna, and playroom. Renovation was completed 5 years ago. The apartment has an eat-in kitchen, living area, private sitting space, and a bathroom with a soaking tub and steam shower.
The property occupies 0.2314 acres in Staten Island and has water views toward the Arthur Kill and New Jersey shoreline. Outdoor features include a fenced inground saltwater pool, outdoor kitchen, lounge area, bocce ball court, deck, and wraparound porch. A two-car garage, driveway parking, central air, and natural gas hot-water heating are also present. Built in 1988, the home is zoned R1-2 and served by public sewer.
The property occupies 0.2314 acres in Staten Island and has water views toward the Arthur Kill and New Jersey shoreline. Outdoor features include a fenced inground saltwater pool, outdoor kitchen, lounge area, bocce ball court, deck, and wraparound porch. A two-car garage, driveway parking, central air, and natural gas hot-water heating are also present. Built in 1988, the home is zoned R1-2 and served by public sewer.
Key Highlights
- 4,704‑square‑foot duplex with a separate one‑bedroom apartment
- Renovated 5 years ago; built in 1988
- 0.2314‑acre property with water views toward the Arthur Kill and New Jersey shoreline
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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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
530
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A renovated residence pairs a separate one-bedroom apartment with extensive indoor and 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: 4,704‑square‑foot duplex with a separate one‑bedroom apartment; Renovated 5 years ago; built in 1988; 0.2314‑acre property with water views toward the Arthur Kill and New Jersey shoreline
