Two-Family Home with Income
For Sale
$729,000
187 Van Buren St, Staten Island, NY 10301
Two-family home near amenities, ideal for investors or rental income.
Property Size2,277 SF
Price / SF$320.16
Days on Market167
Property Features for 187 Van Buren St
General Information
Standard status
Active
Size
2,277 SF
Property subtype
Multi-Family
Building Details
Year Built
1930
Listing Agency:
Tom Crimmins Realty, Ltd.
Listed By:
John Roda · License #10401269689
(718) 370-3200
Source:
Statenislandhomelistings
Added: May 14
Changed: Oct 25
Last Checked: Oct 26 at 4:21PM
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 Tom Crimmins Realty, Ltd.
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Investment Insights
Based on property information with market context.
Located at 187 Van Buren Street, this fully detached two-family home presents an opportunity for investors. The first unit includes 2 bedrooms and 1 full bathroom. The second unit features a layout with 3 bedrooms and 1 bathroom. The property is situated near shopping, transportation, schools, and local amenities. The property size is 2277 square feet.
Key Highlights
- Fully detached two‑family home, ideal for investors.
- Income‑producing property with rental potential.
- Two units: one with 2 bedrooms/1 bathroom, and another with 3 bedrooms/1 bathroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,625
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,132,500
$1.1M
Cap Rate 7%
$808,929
$808.9K
Cap Rate 9%
$629,167
$629.2K
Market Conditions
NOI Build-Up for 2,277 SF
Gross rent
$84.7K $37.20/SF
− Vacancy
−$3.8K −$1.67/SF
EGI
$80.9K $35.53/SF
− OpEx
−$24.3K −$10.66/SF
NOI
$56.6K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,132,500
Cap Rate 7%
$808,929
Cap Rate 9%
$629,167
Alternative Uses
Best Use
Multifamily LT 5
$808.9K
$707.8K – $943.8K
NOI $56,625 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$721.4K
$631.2K – $841.6K
NOI $50,495 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$1.09M
$950.7K – $1.27M
NOI $76,052 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
Check the figures for this property
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 - Two-family home near amenities, ideal for investors or rental income.
Where is this duplex located?
The property is located at 187 Van Buren St Staten Island, NY.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Fully detached two‑family home, ideal for investors.; Income‑producing property with rental potential.; Two units: one with 2 bedrooms/1 bathroom, and another with 3 bedrooms/1 bathroom.
