End-Unit
For Sale
$775,000
19 Hodges Place, Staten Island, NY 10314
Two residential units support an owner-occupant arrangement with rental income from the second unit.
Days on Market11
Property Features for 19 Hodges Place
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
1,728 SF
Year Built
1950
Tenancy
Multi
Listing Agency:
Gillani Homes Inc.
(718) 442-4401
Listed By:
Mary Faulds
Source:
Wonicarealtors
Added: Jul 23
Changed: Jul 31
Last Checked: Aug 1 at 11:12AM
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 Gillani Homes Inc.
Investment Insights
Based on property information with market context.
This two-family end unit includes two residential units, each with two bedrooms. Brand-new split units were installed throughout both units, providing updated heating and cooling equipment across the property. Built in 1950, the configuration supports an owner-occupant arrangement with the option to rent the second unit.
The property is located near walking, shopping, transportation, SIE, and local parks. Its two-unit layout and updated split systems provide a practical setup for an investor or a buyer seeking a residence with rental income potential.
The property is located near walking, shopping, transportation, SIE, and local parks. Its two-unit layout and updated split systems provide a practical setup for an investor or a buyer seeking a residence with rental income potential.
Key Highlights
- Two‑family end unit with 2 bedrooms in each unit
- Brand‑new split units installed throughout each unit
- Owner‑occupant setup with rental potential from the second unit
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 | $70.5k | $40.80 |
| − Vacancy | −$3.2k | −$1.84 |
| EGI | $67.3k | $38.96 |
| − OpEx | −$20.2k | −$11.69 |
| NOI | $47.1k | $27.27 |
1,728 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$673.3K
$589.1K – $785.5K
NOI $47,131 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$624.3K
$546.3K – $728.4K
NOI $43,703 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$824.5K
$721.5K – $961.9K
NOI $57,716 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,281
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units support an owner-occupant arrangement with rental income from the second unit.
Where is this duplex located?
The property is located at 19 Hodges Place Staten Island, NY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑family end unit with 2 bedrooms in each unit; Brand‑new split units installed throughout each unit; Owner‑occupant setup with rental potential from the second unit
