Two-Family Home with Detached
163 David Street Staten Island, NY 10308
For Sale
Contact for pricing
Pending
A newer two-family residence with a finished basement and separate studio apartment, plus detached garage and outdoor space.
Property Size2,400 SF
Days on Market55
Property Features for 163 David Street
General Information
- Standard status
- Pending
- Size
- 2,400 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2018
Listing Agency:
NEUHAUS REALTY INC.
Listed By:
Matthew Jablonsky · License #New York
Source:
Crexi
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 24 at 9:29AM
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 NEUHAUS REALTY INC.
Investment Insights
Based on property information with market context.
Built in 2018, this two-family home offers modern construction and flexible living arrangements. The spacious main residence includes a finished basement, creating additional room for recreation, a home office, a gym, or extra living space. An attached open living and dining layout supports everyday use and comfortable entertaining. A separate studio apartment provides flexibility for extended family, guests, or rental use.
The property is located in the heart of Great Kills, with convenient access to shopping, restaurants, parks, and transportation, along with other neighborhood amenities. Outside, the home includes a detached garage and plenty of outdoor space suited for relaxing and gatherings.
This configuration can work well for owner-occupants seeking supplemental rental income alongside flexible space for work or recreation. It also suits buyers looking for a multi-family setup that pairs a primary residence with a self-contained studio apartment, all in excellent overall condition with quality craftsmanship evident throughout.
The property is located in the heart of Great Kills, with convenient access to shopping, restaurants, parks, and transportation, along with other neighborhood amenities. Outside, the home includes a detached garage and plenty of outdoor space suited for relaxing and gatherings.
This configuration can work well for owner-occupants seeking supplemental rental income alongside flexible space for work or recreation. It also suits buyers looking for a multi-family setup that pairs a primary residence with a self-contained studio apartment, all in excellent overall condition with quality craftsmanship evident throughout.
Key Highlights
- Two‑family home built in 2018 with a separate studio apartment
- Spacious main residence with a finished basement for added living space
- Open layout with generous living and dining areas that flow together
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 | $89.3k | $37.20 |
| − Vacancy | −$4.0k | −$1.67 |
| EGI | $85.3k | $35.53 |
| − OpEx | −$25.6k | −$10.66 |
| NOI | $59.7k | $24.87 |
2,400 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$852.6K
$746.1K – $994.7K
NOI $59,684 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$760.3K
$665.3K – $887.0K
NOI $53,222 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,161 @ 7.0% cap · market cap 6.41%
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 - A newer two-family residence with a finished basement and separate studio apartment, plus detached garage and outdoor space.
Where is this duplex located?
The property is located at 163 David Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑family home built in 2018 with a separate studio apartment; Spacious main residence with a finished basement for added living space; Open layout with generous living and dining areas that flow together
