New Construction Two-Family
153 Adams Avenue Staten Island, NY 10306
For Sale
Contact for pricing
Newly built duplex with separate electrical meters, open-concept living areas, and three-bed layouts in each unit.
Property Size2,240 SF
Price / SF$620.49
Days on Market10
Property Features for 153 Adams Avenue
General Information
- Standard status
- Active
- Size
- 2,240 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2006
Listing Agency:
Momentum Real Estate LLC
Listed By:
Shan Su · License #10401371251
Source:
Crexi
Added: Jul 15
Changed: Jul 20
Last Checked: Jul 23 at 3:20PM
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 Momentum Real Estate LLC
Investment Insights
Based on property information with market context.
New construction two-family (6 over 6) duplex offering two separately metered units for flexible utility management. Each unit includes three bedrooms, with a private bath in the main bedroom plus two additional bathrooms. Interior layouts feature an open concept living and dining area, along with a kitchen with quartz counters. The grand floor is fully finished and includes a one-car garage.
The property is located at 153 Adams Avenue in Staten Island’s Grant City neighborhood, with proximity to parks, the South Beach Boardwalk, and shopping and dining options.
The duplex is built with three electrical meters and provides generously sized bedrooms, multiple bathrooms per unit, and finished interior space that supports comfortable day-to-day living for both occupants or tenants.
The property is located at 153 Adams Avenue in Staten Island’s Grant City neighborhood, with proximity to parks, the South Beach Boardwalk, and shopping and dining options.
The duplex is built with three electrical meters and provides generously sized bedrooms, multiple bathrooms per unit, and finished interior space that supports comfortable day-to-day living for both occupants or tenants.
Key Highlights
- Built in 2006: newly constructed two‑family 6‑over‑6 duplex in Staten Island’s Grant City neighborhood
- 3 electrical meters servicing the property for separate metering and maximum flexibility
- Each unit features 3 bedrooms, with the main bedroom offering a private bath plus 2 additional bathrooms
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 | $86.0k | $38.40 |
| − Vacancy | −$4.7k | −$2.11 |
| EGI | $81.3k | $36.29 |
| − OpEx | −$24.4k | −$10.89 |
| NOI | $56.9k | $25.40 |
2,240 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$812.9K
$711.3K – $948.3K
NOI $56,900 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$722.3K
$632.0K – $842.7K
NOI $50,561 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$1.07M
$935.2K – $1.25M
NOI $74,817 @ 7.0% cap · market cap 5.38%
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 - Newly built duplex with separate electrical meters, open-concept living areas, and three-bed layouts in each unit.
Where is this duplex located?
The property is located at 153 Adams Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,389,900.
What are key features of this property?
This property features: Built in 2006: newly constructed two‑family 6‑over‑6 duplex in Staten Island’s Grant City neighborhood; 3 electrical meters servicing the property for separate metering and maximum flexibility; Each unit features 3 bedrooms, with the main bedroom offering a private bath plus 2 additional bathrooms
