Duplex with Studio
For Sale
$1,248,000
Pending
183 Winchester Ave, Staten Island, NY 10312
Corner property with flexible secondary living space and public transportation nearby.
Property Size2,400 SF
Days on Market183
Property Features for 183 Winchester Ave
General Information
Standard status
Pending
Size
2,400 SF
Property subtype
Multi-Family
Building Details
Year Built
1999
Listing Agency:
EXP Realty
Listed By:
Ashley Leone
(347) 965-6825
Source:
Statenislandhomelistings
Added: Apr 21
Changed: Oct 1
Last Checked: Oct 19 at 6:47AM
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 EXP Realty
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Investment Insights
Based on property information with market context.
Built in 1999, this 2,400-square-foot duplex pairs a four-bedroom, 2.5-bath main residence with a studio apartment and an additional room. The layout supports rental income or multigenerational living. Interior improvements include a gourmet kitchen with a Wolf range, Miele dishwasher, Waterstone faucet, GE Profile refrigerator, granite counters, and porcelain flooring. Updated bathrooms feature custom tilework and Moen fixtures.
Outdoor amenities include an in-ground pool with a new liner, Trex porch, and custom no-skid patio surface. The property also provides a garage, generous parking, and a five-zone sprinkler system. Major mechanical and building updates include central AC, a new hot water heater installed in 2025, and a new roof backed by a 25-year warranty. Public transportation is nearby.
Outdoor amenities include an in-ground pool with a new liner, Trex porch, and custom no-skid patio surface. The property also provides a garage, generous parking, and a five-zone sprinkler system. Major mechanical and building updates include central AC, a new hot water heater installed in 2025, and a new roof backed by a 25-year warranty. Public transportation is nearby.
Key Highlights
- Duplex with a 4‑bedroom, 2.5‑bath main residence plus studio apartment and extra room
- 2,400‑square‑foot property built in 1999
- Gourmet kitchen with Wolf stove, Miele dishwasher, Waterstone faucet, GE Profile refrigerator, granite counters, and porcelain flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,306
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,186,120
$1.2M
Cap Rate 7%
$847,229
$847.2K
Cap Rate 9%
$658,956
$659.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$92.2K $38.40/SF
− Vacancy
−$7.4K −$3.10/SF
EGI
$84.7K $35.30/SF
− OpEx
−$25.4K −$10.59/SF
NOI
$59.3K $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%
$1,186,120
Cap Rate 7%
$847,229
Cap Rate 9%
$658,956
Alternative Uses
Best Use
Multifamily LT 5
$847.2K
$741.3K – $988.4K
NOI $59,306 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$745.4K
$652.2K – $869.6K
NOI $52,177 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,161 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
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Business Placement
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
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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 - Corner property with flexible secondary living space and public transportation nearby.
Where is this duplex located?
The property is located at 183 Winchester Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,248,000.
What are key features of this property?
This property features: Duplex with a 4‑bedroom, 2.5‑bath main residence plus studio apartment and extra room; 2,400‑square‑foot property built in 1999; Gourmet kitchen with Wolf stove, Miele dishwasher, Waterstone faucet, GE Profile refrigerator, granite counters, and porcelain flooring
