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Three-Level Duplex with Backyard
For Sale
$599,000

14 Ibsen Avenue, Staten Island, NY 10312

Residential, Duplex, Staten Island, NY

Property Size1,222 SF
Lot Size0.03 Acres
Price / SF$490.18
Days on Market65

Property Features for 14 Ibsen Avenue

General Information

Property type Residential
Property subtype Duplex
Zoning R3-1
Bedrooms 3
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2
Parking features Carport, Garage
Interior features A/C Unit, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
Basement Full, Finished
Subdivision Arden Heights
Standard status Active
Size 1,222 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 5371

Building Details

Year built 1988
Floors in Building 3
Flooring type Hardwood, Tile
Architectural style Other
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Jason Zhou · License #JZ1320
Added: Aug 9 Changed: Oct 10 Last Checked: Oct 12 at 4:06PM
MLS# 503651

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.

Investment Insights

Based on property information with market context.

This three-level duplex contains 1,222 square feet and was built in 1988. The primary living floor includes a living room, dining area, and eat-in kitchen with sliding-door access to a private backyard. Three bedrooms and a full bathroom are located upstairs, while the lower level adds finished space that can serve as a family room, recreation area, office, or storage. A laundry and utility area are also included.

Outdoor and parking features include a front balcony, built-in garage, private driveway, and carport. Interior amenities include an A/C unit, dishwasher, microwave, refrigerator, stove, washer, and dryer, with hardwood and tile flooring. The property is zoned R3-1 and carries no HOA fees.

Key Highlights

  • 1,222‑square‑foot duplex on three levels, built in 1988
  • Three bedrooms with finished lower‑level space and laundry/utility area
  • Private backyard plus front balcony

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,197
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,940 $603.9K
Cap Rate 7%
$431,386 $431.4K
Cap Rate 9%
$335,522 $335.5K
Market Conditions
NOI Build-Up for 1,222 SF
Gross rent
$46.9K $38.40/SF
− Vacancy
−$3.8K −$3.10/SF
EGI
$43.1K $35.30/SF
− OpEx
−$12.9K −$10.59/SF
NOI
$30.2K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,940
Cap Rate 7%
$431,386
Cap Rate 9%
$335,522

Alternative Uses

Best Use
Multifamily LT 5
$431.4K
$377.5K – $503.3K (±1% cap)
NOI $30,197 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$379.5K
$332.1K – $442.8K (±1% cap)
NOI $26,567 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$583.1K
$510.2K – $680.3K (±1% cap)
NOI $40,815 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 10312, NY

61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Residential income property with finished lower-level space, private parking, and no HOA fees.
Where is this duplex located?
The property is located at 14 Ibsen Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1,222‑square‑foot duplex on three levels, built in 1988; Three bedrooms with finished lower‑level space and laundry/utility area; Private backyard plus front balcony
More about this property
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