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Renovated Duplex With Garage
For Sale
$999,000
Pending

19 Spruce Ln, Staten Island, NY 10309

Legal two-family configuration with separate utilities, private parking, and updated living areas.

Property Size3,000 SF
Lot Size0.09 Acres
Days on Market117

Property Features for 19 Spruce Ln

General Information

Standard status Pending
Size 3,000 SF
Total Parking Spaces 2
Lot size 0.09 Acres
Property subtype Multi-Family

Units

Unit Mix 1 x 1BR, 1 x 3BR
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Year Built 1996
Buildings 1
Listing Agency: Revolution Realty Group
Listed By: Salvatore Taormina · License #10301210276
Source: Statenislandhomelistings
Added: Jun 18 Changed: Oct 1 Last Checked: Oct 11 at 6:44AM

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 Revolution Realty Group

Investment Insights

Based on property information with market context.

This 1996-built duplex contains approximately 3,000 square feet on an oversized 37' x 102' lot. The property includes a built-in garage, an additional private parking pad, and a legal one-bedroom apartment with a separate side entrance, three-room arrangement, full bathroom, washer/dryer hookups, and independent utilities. The apartment occupant pays heat, hot water, cooking gas, and electric directly.

The main residence features an entry foyer, an open living area, a renovated kitchen with wall oven, exhaust system, center island, and extensive cabinetry, plus a laundry room and half bathroom. Sliding doors open to a deck and private backyard. Upstairs are three bedrooms, including a primary suite with cathedral ceilings, walk-in closet, and private three-quarter bathroom, along with an updated full bathroom serving the other bedrooms. A walk-up attic adds storage, and the property is zoned R3-1.

Key Highlights

  • Legal one‑bedroom apartment with separate side entrance and independent utilities
  • Oversized 37' x 102' lot with built‑in garage and private parking pad
  • Approximately 3,000 square feet; built in 1996

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,605
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,492,100 $1.5M
Cap Rate 7%
$1,065,786 $1.1M
Cap Rate 9%
$828,944 $828.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$111.6K $37.20/SF
− Vacancy
−$5.0K −$1.67/SF
EGI
$106.6K $35.53/SF
− OpEx
−$32.0K −$10.66/SF
NOI
$74.6K $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%
$1,492,100
Cap Rate 7%
$1,065,786
Cap Rate 9%
$828,944

Alternative Uses

Best Use
Multifamily LT 5
$1.07M
$932.6K – $1.24M (±1% cap)
NOI $74,605 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$950.4K
$831.6K – $1.11M (±1% cap)
NOI $66,528 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,201 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Restaurant Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

Demographics for 10309, NY

33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family configuration with separate utilities, private parking, and updated living areas.
Where is this duplex located?
The property is located at 19 Spruce Ln Staten Island, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Legal one‑bedroom apartment with separate side entrance and independent utilities; Oversized 37' x 102' lot with built‑in garage and private parking pad; Approximately 3,000 square feet; built in 1996
More about this property
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