New Construction Two-Family
For Sale
$1,389,900
Pending
153 Adams Ave, Staten Island, NY 10306
Newly built duplex with separate electrical meters, open-concept living areas, and three-bed layouts in each unit.
Property Size2,240 SF
Days on Market172
Property Features for 153 Adams Ave
General Information
Standard status
Pending
Size
2,240 SF
Property subtype
Multi-Family
Building Details
Year Built
2006
Listing Agency:
Tiger Realty
Listed By:
Shan Su
(717) 824-7337
Source:
Statenislandhomelistings
Added: May 9
Changed: Oct 25
Last Checked: Oct 26 at 4:50PM
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 Tiger Realty
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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
Estimated NOI and Cap Rate
NOI / Yr
$56,900
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,138,000
$1.1M
Cap Rate 7%
$812,857
$812.9K
Cap Rate 9%
$632,222
$632.2K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$86.0K $38.40/SF
− Vacancy
−$4.7K −$2.11/SF
EGI
$81.3K $36.29/SF
− OpEx
−$24.4K −$10.89/SF
NOI
$56.9K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,138,000
Cap Rate 7%
$812,857
Cap Rate 9%
$632,222
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 authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,328
Businesses Nearby
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Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
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 Ave 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
