Two-Unit Residential Income
137 Laredo Avenue Staten Island, NY 10312
For Sale
Contact for pricing
Duplex with three-bedroom main home and spacious two-bedroom apartment, plus garage, finished basement, and attic.
Property Size2,326 SF
Price / SF$505.16
Days on Market116
Property Features for 137 Laredo Avenue
General Information
- Standard status
- Active
- Size
- 2,326 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing Agency:
M&M Homes Inc.
(718) 966-2100
Listed By:
Kwang Park
Source:
Crexi
Added: Apr 2
Changed: Jul 21
Last Checked: Jul 24 at 6:00AM
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 M&M Homes Inc.
Investment Insights
Based on property information with market context.
This duplex offers two residential units with flexible use as either a larger household configuration or an income-producing setup. The main home includes three bedrooms and three baths, featuring a master suite with a private bath and walk-in closet. Interior highlights include an L-shaped living room/dining room combination, a bright eat-in kitchen, and a full attic. A finished basement provides a laundry area and ample storage. The property also includes outdoor space with a patio, along with additional yard amenities described as a BBQ grill and a vegetable garden, plus a one-car garage.
The property is located at 137 Laredo Avenue in Arden Heights on Staten Island, with reported convenience to shopping, transportation via SIRR, parks, and Staten Island’s beaches.
The property is located at 137 Laredo Avenue in Arden Heights on Staten Island, with reported convenience to shopping, transportation via SIRR, parks, and Staten Island’s beaches.
Key Highlights
- 1970‑built home with a duplex setup: three‑bedroom main house plus a spacious two‑bedroom apartment
- Main home includes 3 baths, including a master suite with private bath and walk‑in closet
- Large L‑shaped living room/dining room and a bright eat‑in kitchen, plus a full attic
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 | $89.3k | $38.40 |
| − Vacancy | −$7.2k | −$3.10 |
| EGI | $82.1k | $35.30 |
| − OpEx | −$24.6k | −$10.59 |
| NOI | $57.5k | $24.71 |
2,326 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$821.1K
$718.5K – $958.0K
NOI $57,477 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$722.4K
$632.1K – $842.8K
NOI $50,568 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.11M
$971.1K – $1.29M
NOI $77,689 @ 7.0% cap · market cap 6.61%
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 - Duplex with three-bedroom main home and spacious two-bedroom apartment, plus garage, finished basement, and attic.
Where is this duplex located?
The property is located at 137 Laredo Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 1970‑built home with a duplex setup: three‑bedroom main house plus a spacious two‑bedroom apartment; Main home includes 3 baths, including a master suite with private bath and walk‑in closet; Large L‑shaped living room/dining room and a bright eat‑in kitchen, plus a full attic
