Historic Two-Family
145 Corson Avenue Staten Island, NY 10301
For Sale
Contact for pricing
Pending
Turn-of-the-century two-family home with private yard and walk-out basement for flexible rental or multi-generational living.
Property Size1,784 SF
Days on Market59
Property Features for 145 Corson Avenue
General Information
- Standard status
- Pending
- Size
- 1,784 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1920
Listing Agency:
Homes R Us Realty of NY, Inc.
Listed By:
Ilona Fotiadou-Bludov · License #10401267672
Source:
Crexi
Added: May 29
Changed: Jul 10
Last Checked: Jul 24 at 12:33PM
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 Homes R Us Realty of NY, Inc.
Investment Insights
Based on property information with market context.
This historic turn-of-the-century colonial is configured as a two-family residence with multiple level living spaces and a practical basement setup. Unit 1 includes Level 1 with soaring 10-foot ceilings, a bedroom with an office nook/nursery, a kitchen/living room combination with door access to a deck, and a laundry room with a door to the backyard. Unit 1 also features a primary bedroom and a basement with ground-floor walk-out and a separate entrance, offering partially finished rooms, a full bath, additional storage, and a mechanical room. Unit 2 is arranged across Levels 2 and 3, with a mud room, bedroom/nursery, living room, eat-in kitchen with pantry, and a full bath on Level 2, plus two additional bedrooms on Level 3.
The property sits at the top of a high hill and includes a very private yard, providing an outdoor setting separated from the street. It is located on a quiet block near the ferry and multiple bus connections.
For buyers and investors, the layout offers distinct unit separation with separate entrance access to the walk-out basement, along with deck and backyard connections from Unit 1. The multi-level configuration can also suit owner-occupants looking to live in one portion while renting the other, depending on their preferred use of the basement space.
The property sits at the top of a high hill and includes a very private yard, providing an outdoor setting separated from the street. It is located on a quiet block near the ferry and multiple bus connections.
For buyers and investors, the layout offers distinct unit separation with separate entrance access to the walk-out basement, along with deck and backyard connections from Unit 1. The multi-level configuration can also suit owner-occupants looking to live in one portion while renting the other, depending on their preferred use of the basement space.
Key Highlights
- Turn‑of‑the‑century 2‑family home built in 1920 with a flexible layout for owner‑occupant or rental use
- Unit 1 features 10' ceilings, kitchen/living combo with deck access, plus a primary bedroom and laundry room
- Unit 1 includes a ground‑floor walk‑out basement with separate entrance, partially finished spaces, and a half bath
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 | $66.4k | $37.20 |
| − Vacancy | −$3.0k | −$1.67 |
| EGI | $63.4k | $35.53 |
| − OpEx | −$19.0k | −$10.66 |
| NOI | $44.4k | $24.87 |
1,784 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$633.8K
$554.6K – $739.4K
NOI $44,365 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$565.2K
$494.5K – $659.4K
NOI $39,562 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$851.2K
$744.8K – $993.1K
NOI $59,586 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Turn-of-the-century two-family home with private yard and walk-out basement for flexible rental or multi-generational living.
Where is this duplex located?
The property is located at 145 Corson Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Turn‑of‑the‑century 2‑family home built in 1920 with a flexible layout for owner‑occupant or rental use; Unit 1 features 10' ceilings, kitchen/living combo with deck access, plus a primary bedroom and laundry room; Unit 1 includes a ground‑floor walk‑out basement with separate entrance, partially finished spaces, and a half bath
