Two-Family Residential Income
159 Vermont Avenue Staten Island, NY 10305
For Sale
$1,099,000
Well-maintained two-family home with hardwood floors, a renovated second-floor layout, and a finished basement with walk-out access.
Property Size2,886 SF
Price / SF$380.80
Days on Market301
Property Features for 159 Vermont Avenue
General Information
- Standard status
- Active
- Size
- 2,886 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1950
Listing Agency:
DiTommaso Real Estate
(917) 864-6496
Listed By:
Mary Jane O'Connell · License #40OC1139019
(917) 864-6496
Source:
Compass
Added: Sep 29, 2025
Changed: Jul 21
Last Checked: Jul 23 at 6:41AM
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 DiTommaso Real Estate
Investment Insights
Based on property information with market context.
Well-maintained two-family home offering versatile living space with hardwood floors throughout. The second-floor apartment has been completely renovated and includes two spacious bedrooms, a kitchen, and a bright, inviting layout. The first floor features three bedrooms, a formal living room, dining room, and an eat-in kitchen designed for family gatherings.
Additional highlights include a cozy sunroom that opens to a patio and expansive backyard, providing outdoor space for relaxation or entertaining. A finished basement adds further flexibility, with a kitchen, an extra room, and a family room, along with walk-out access to the yard.
Located at 159 Vermont Avenue on Staten Island, this property is well-suited for buyers seeking either owner-occupied living or an income-producing configuration.
Additional highlights include a cozy sunroom that opens to a patio and expansive backyard, providing outdoor space for relaxation or entertaining. A finished basement adds further flexibility, with a kitchen, an extra room, and a family room, along with walk-out access to the yard.
Located at 159 Vermont Avenue on Staten Island, this property is well-suited for buyers seeking either owner-occupied living or an income-producing configuration.
Key Highlights
- Two‑family home built in 1950 with 3 full baths and central air
- Second‑floor apartment includes 2 bedrooms and a completely renovated kitchen and layout
- First floor offers 3 bedrooms plus formal living room and dining room, and an eat‑in kitchen
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 | $117.7k | $40.80 |
| − Vacancy | −$9.5k | −$3.29 |
| EGI | $108.2k | $37.51 |
| − OpEx | −$32.5k | −$11.25 |
| NOI | $75.8k | $26.26 |
2,886 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$947.2K – $1.26M
NOI $75,773 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$995.9K
$871.4K – $1.16M
NOI $69,714 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M
NOI $96,393 @ 7.0% cap · market cap 8.77%
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 - Well-maintained two-family home with hardwood floors, a renovated second-floor layout, and a finished basement with walk-out access.
Where is this duplex located?
The property is located at 159 Vermont Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Two‑family home built in 1950 with 3 full baths and central air; Second‑floor apartment includes 2 bedrooms and a completely renovated kitchen and layout; First floor offers 3 bedrooms plus formal living room and dining room, and an eat‑in kitchen
