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Colonial-Style Residential Income Duplex

183 Winchester Avenue Staten Island, NY 10312

183 Winchester Avenue, Staten Island, NY, 10312
$1,248,000
For Sale
$1,248,000

MULTI_FAMILY - Colonial - Staten Island, NY

Property Size2,400 SF
Lot Size0.11 Acres
Price / SF$520
Days on Market25

Property Features for 183 Winchester Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3A
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 2
Parking features
Driveway, Garage
Security features
Security System
Pool private
1
Basement
Finished
Standard status
Active
Size
2,400 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
10338

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air

Building Details

Year built
1999
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency EXP Realty
300 Cadman Plaza W 12 Flr, Hauppauge, NY
Listed by Ashley Leone
Added: Jun 23 Checked: Jul 17 at 11:06 am
MLS# 2603557 Listing URL

Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Presented as a side-hall colonial residential income property on a corner lot, this home combines a primary 4-bedroom, 2.5-bath residence with a side studio apartment that includes an additional room for flexible use. The main kitchen is equipped with granite countertops and porcelain flooring, along with high-end appliances including a Wolf stove, Miele dishwasher, Waterstone faucet, and a new GE Profile refrigerator. Updated bathrooms feature custom tilework and Moen fixtures. Outside, the backyard is set up for entertaining with an in-ground pool (new liner), a Trex porch, and a custom no-skid patio surface. Additional improvements include a garage, generous parking, and a 5-zone sprinkler system.

Located at 183 Winchester Avenue on Staten Island, the property is described as conveniently near public transportation. Zoning is listed as R3A.

This configuration can suit buyers seeking dual-living or rental flexibility, with an on-site studio apartment and an additional room that can support a variety of household needs. The home also lists several recent upgrades, including a new hot water heater (2025), central A/C, and a new roof with a 25-year warranty. The overall layout and maintenance level are positioned for practical owner-occupant or investor use within the residential income duplex format.

Key Highlights

  • 4‑bedroom, 2.5‑bath side hall colonial on a corner lot, plus an attached side studio apartment with an extra room for flexible living or rental income
  • Custom gourmet kitchen with Wolf stove, Miele dishwasher, Waterstone faucet, brand new GE Profile refrigerator, granite countertops, and porcelain flooring
  • Updated bathrooms with custom tilework and Moen fixtures

Local 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 $92.2k $38.40
− Vacancy −$7.4k −$3.10
EGI $84.7k $35.30
− OpEx −$25.4k −$10.59
NOI $59.3k $24.71
2,400 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$847.2K
$741.3K – $988.4K (±1% cap)
NOI $59,306 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$745.4K
$652.2K – $869.6K (±1% cap)
NOI $52,177 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,161 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Real Estate Agency Clothing & Fashion Store Catering Service Carpet & Flooring Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained corner duplex with a 4-bedroom main home plus a side studio apartment for rental or multigenerational living.
Where is this duplex located?
The property is located at 183 Winchester Avenue 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: 4‑bedroom, 2.5‑bath side hall colonial on a corner lot, plus an attached side studio apartment with an extra room for flexible living or rental income; Custom gourmet kitchen with Wolf stove, Miele dishwasher, Waterstone faucet, brand new GE Profile refrigerator, granite countertops, and porcelain flooring; Updated bathrooms with custom tilework and Moen fixtures
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