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Two-Family Duplex with Finished Basement
For Sale
$990,000

17 Alexander Ave, Staten Island, NY 10312

Semi-detached duplex with a finished basement, built-in garage, and access to local and express bus service.

Property Size2,088 SF
Price / SF$474.14
Days on Market111

Property Features for 17 Alexander Ave

General Information

Standard status Active
Size 2,088 SF
Total Parking Spaces 1
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Year Built 1978
Buildings 1
Listing Agency: Momentum Real Estate LLC
Listed By: Henry XuHua Chen
Source: Statenislandhomelistings
Added: Jun 24 Changed: Oct 1 Last Checked: Oct 11 at 6:21AM

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.

This semi-detached duplex, built in 1978, provides two separate residential levels with a finished basement for additional usable space. The upper residence includes three bedrooms, two full bathrooms, a combined living and dining area, and a kitchen with stainless steel appliances. The first-floor residence offers three bedrooms, one full bathroom, and an open kitchen, living, and dining arrangement.

The finished basement adds a full bathroom, entertainment room, and storage area. A built-in garage is also included. The property is located at 17 Alexander Ave in Staten Island, with access to local and express bus transportation. Walk Score is 72, Transit Score is 56, and Bike Score is 44.

Key Highlights

  • Two‑level duplex with 3 bedrooms and 2 full bathrooms upstairs, plus 3 bedrooms and 1 full bathroom on the first floor
  • Finished basement includes a full bathroom, entertainment room, and storage area
  • Built in 1978

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,596
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,920 $1.0M
Cap Rate 7%
$737,086 $737.1K
Cap Rate 9%
$573,289 $573.3K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$80.2K $38.40/SF
− Vacancy
−$6.5K −$3.10/SF
EGI
$73.7K $35.30/SF
− OpEx
−$22.1K −$10.59/SF
NOI
$51.6K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,920
Cap Rate 7%
$737,086
Cap Rate 9%
$573,289

Alternative Uses

Best Use
Multifamily LT 5
$737.1K
$645.0K – $859.9K (±1% cap)
NOI $51,596 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$648.5K
$567.4K – $756.6K (±1% cap)
NOI $45,394 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$996.3K
$871.8K – $1.16M (±1% cap)
NOI $69,740 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Jennifer B. Hirsch, ... Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby

Demographics for 10312, NY

61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Semi-detached duplex with a finished basement, built-in garage, and access to local and express bus service.
Where is this duplex located?
The property is located at 17 Alexander Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Two‑level duplex with 3 bedrooms and 2 full bathrooms upstairs, plus 3 bedrooms and 1 full bathroom on the first floor; Finished basement includes a full bathroom, entertainment room, and storage area; Built in 1978
More about this property
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