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Two-Family Home with Income Potential

187 Van Buren Street Staten Island, NY 10301

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Two-family home near amenities, ideal for investors or rental income.

Type:Multifamily
Property size:
2,277 SF
Price / SF:
$320.16/SF
Added:
May 22, 2026
Days on Market:
54
Last Refresh:
May 27 at 8:20 am

Property Features for 187 Van Buren Street

General Information

Standard status
Active
Size
2,277 SF
Property subtype
Multifamily

Building Details

Year Built
1930

Listing office Tom Crimmins Realty, Ltd.

Listing date May 22, 2026

Source Crexi

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.


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.

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 $84.7k $37.20
− Vacancy −$3.8k −$1.67
EGI $80.9k $35.53
− OpEx −$24.3k −$10.66
NOI $56.6k $24.87
2,277 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$808.9K
$707.8K – $943.8K (±1% cap)
NOI $56,625 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$721.4K
$631.2K – $841.6K (±1% cap)
NOI $50,495 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$1.09M
$950.7K – $1.27M (±1% cap)
NOI $76,052 @ 7.0% cap · market cap 10.43%
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

Dental Office Real Estate Agency Skin Care Clinic Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Accounting Firm Computer & Electronic Repair Catering Service Building Supply

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

FAQs

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 Street 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.
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