Two-Family Residential Income
200 Shotwell Avenue Staten Island, NY 10312
For Sale
Contact for pricing
Legal two-family semi-detached home with decks, fenced backyard, and separate side entrance for a private second unit.
Property Size1,632 SF
Price / SF$545.34
Days on Market89
Property Features for 200 Shotwell Avenue
General Information
- Standard status
- Active
- Size
- 1,632 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1980
Listing Agency:
RE/MAX Real Estate Professionals
(917) 518-1999
Listed By:
Howard Chen · License #NY 10401315678
Source:
Crexi
Added: Apr 27
Changed: Jul 22
Last Checked: Jul 22 at 6:19AM
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 RE/MAX Real Estate Professionals
Investment Insights
Based on property information with market context.
This beautifully maintained legal two-family semi-detached home offers two separate residential units with abundant natural light. The first floor features a large living room/dining room combination with pristine hardwood floors, a tiled half bath, and a tiled eat-in kitchen with quartz countertops, a backsplash, cabinetry, and stainless steel appliances. Hi-hat lighting is present throughout. The second floor includes three bedrooms and a bright full bath with a skylight shared with the master bedroom. A basement laundry room and plenty of closets/storage are included, and sliding glass doors open to a large, freshly painted deck with stairs down to a spacious, fenced-in backyard.
The second unit is a large, bright rental with a private side entrance. It includes one bedroom, a full bathroom, a living room, and an updated eat-in kitchen with granite countertops.
The exterior includes landscaped grounds and granite steps leading to the front entrance, with the deck and backyard providing outdoor space for everyday use.
The second unit is a large, bright rental with a private side entrance. It includes one bedroom, a full bathroom, a living room, and an updated eat-in kitchen with granite countertops.
The exterior includes landscaped grounds and granite steps leading to the front entrance, with the deck and backyard providing outdoor space for everyday use.
Key Highlights
- Legal two‑family semi‑detached home built in 1980
- Second unit features private side entrance with 1 bedroom, full bath, living room, and updated eat‑in kitchen
- Spacious deck with stairs leading to a fenced‑in backyard
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 | $62.7k | $38.40 |
| − Vacancy | −$5.1k | −$3.10 |
| EGI | $57.6k | $35.30 |
| − OpEx | −$17.3k | −$10.59 |
| NOI | $40.3k | $24.71 |
1,632 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$576.1K
$504.1K – $672.1K
NOI $40,328 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$506.9K
$443.5K – $591.3K
NOI $35,480 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$778.7K
$681.4K – $908.5K
NOI $54,509 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Process Service Untouchable
Law Firm
FAQs
What type of property is this?
Duplex - Legal two-family semi-detached home with decks, fenced backyard, and separate side entrance for a private second unit.
Where is this duplex located?
The property is located at 200 Shotwell Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Legal two‑family semi‑detached home built in 1980; Second unit features private side entrance with 1 bedroom, full bath, living room, and updated eat‑in kitchen; Spacious deck with stairs leading to a fenced‑in backyard