Detached Duplex with Saltwater
For Sale
$1,175,000
Pending
192 Sinclair Ave, Staten Island, NY 10312
Updated kitchens, finished basement space, and a separate above-ground apartment create a flexible two-family layout.
Property Size2,392 SF
Days on Market154
Property Features for 192 Sinclair Ave
General Information
Standard status
Pending
Size
2,392 SF
Total Parking Spaces
5
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR, 1 x 1BR
Multifamily Units
2
Additional Details
Sprinkler System
Yes
Amenities
in-ground saltwater pool
solar panels
tankless hot water system
Andersen windows
central A/C
garage door opener
Building Details
Year Built
1974
Buildings
1
Listing Agency:
Neuhaus Realty, Inc.
Listed By:
Emad Boulos · License #1040134122
(917) 902-4835
Source:
Statenislandhomelistings
Added: May 20
Changed: Oct 16
Last Checked: Oct 19 at 7:22AM
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 Neuhaus Realty, Inc.
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Investment Insights
Based on property information with market context.
This detached duplex, built in 1974, combines a primary residence with a separate above-ground apartment. The main unit includes three bedrooms, living and dining areas, hardwood flooring, an updated kitchen, and a Florida room facing the backyard. Its finished basement adds a separate entrance, full kitchen, full bathroom, and one bedroom. The additional apartment provides one bedroom, a full bathroom, kitchen, and washer and dryer.
Outdoor improvements include an in-ground saltwater pool with a new liner and filter, along with a sprinkler system and two driveways serving parking for up to five cars. Property features also include fully paid solar panels, a tankless hot water system, Andersen windows, and a central A/C system that is 5 years old. The roof is 11 years old, and a garage door opener is installed.
Outdoor improvements include an in-ground saltwater pool with a new liner and filter, along with a sprinkler system and two driveways serving parking for up to five cars. Property features also include fully paid solar panels, a tankless hot water system, Andersen windows, and a central A/C system that is 5 years old. The roof is 11 years old, and a garage door opener is installed.
Key Highlights
- Detached two‑family property built in 1974
- In‑ground saltwater pool with brand new liner and filter
- Main unit includes 3 bedrooms plus a finished basement with 1 bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,108
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,182,160
$1.2M
Cap Rate 7%
$844,400
$844.4K
Cap Rate 9%
$656,756
$656.8K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$91.9K $38.40/SF
− Vacancy
−$7.4K −$3.10/SF
EGI
$84.4K $35.30/SF
− OpEx
−$25.3K −$10.59/SF
NOI
$59.1K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,182,160
Cap Rate 7%
$844,400
Cap Rate 9%
$656,756
Alternative Uses
Best Use
Multifamily LT 5
$844.4K
$738.9K – $985.1K
NOI $59,108 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$742.9K
$650.0K – $866.7K
NOI $52,003 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$1.14M
$998.7K – $1.33M
NOI $79,893 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
522
Businesses Nearby
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Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Updated kitchens, finished basement space, and a separate above-ground apartment create a flexible two-family layout.
Where is this duplex located?
The property is located at 192 Sinclair Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Detached two‑family property built in 1974; In‑ground saltwater pool with brand new liner and filter; Main unit includes 3 bedrooms plus a finished basement with 1 bedroom
