Detached Two-Family
For Sale
$979,999
15 University Pl, New York, NY 10003
A three-bedroom duplex is paired with a separate two-bedroom apartment and a walk-in level.
Property Size2,310 SF
Lot Size0.14 Acres
Price / SF$424.24
Days on Market9
Property Features for 15 University Pl
General Information
Standard status
Active
Size
2,310 SF
Lot size
0.14 Acres
Property subtype
Residential Income
Site & Location
Neighborhood
Silver Lake
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,204
Building Details
Buildings
1
Listing Agency:
YourHomeSold Guaranteed Realty
(718) 324-6060
Listed By:
Christopher A. Baksh
(646) 241-2734
Source:
Exprealty
Added: Oct 28
Changed: Nov 4
Last Checked: Nov 4 at 3:07PM
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 YourHomeSold Guaranteed Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 15 University Pl, this detached legal two-family property has a three-bedroom duplex and a separate two-bedroom apartment, with a walk-in level. The building contains 2,310 square feet.
The property occupies a 50-by-125-foot lot totaling 6,250 square feet in Staten Island. Its two residences provide distinct living spaces within one property.
The property occupies a 50-by-125-foot lot totaling 6,250 square feet in Staten Island. Its two residences provide distinct living spaces within one property.
Key Highlights
- Detached legal two‑family property
- Three‑bedroom duplex with a separate two‑bedroom apartment
- Includes a walk‑in level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,179
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,563,580
$1.6M
Cap Rate 7%
$1,116,843
$1.1M
Cap Rate 9%
$868,656
$868.7K
Market Conditions
NOI Build-Up for 2,310 SF
Gross rent
$117.8K $51.00/SF
− Vacancy
−$6.1K −$2.65/SF
EGI
$111.7K $48.35/SF
− OpEx
−$33.5K −$14.50/SF
NOI
$78.2K $33.84/SF
Area
New York, NY
Vacancy
5.20%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,563,580
Cap Rate 7%
$1,116,843
Cap Rate 9%
$868,656
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$977.2K – $1.30M
NOI $78,179 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$1.03M
$903.4K – $1.20M
NOI $72,274 @ 7.0% cap · market cap 7.37%
Theoretical Best
Specialty Retail
$5.75M
$5.03M – $6.71M
NOI $402,494 @ 7.0% cap · market cap 41.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
Explore this area
Business Placement
Demographics for 10003, NY
57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A three-bedroom duplex is paired with a separate two-bedroom apartment and a walk-in level.
Where is this duplex located?
The property is located at 15 University Pl New York, NY.
What is the asking price?
The asking price for this property is $979,999.
What are key features of this property?
This property features: Detached legal two‑family property; Three‑bedroom duplex with a separate two‑bedroom apartment; Includes a walk‑in level
