Two-Family High-Ranch
201 Arlene Street Staten Island, NY 10314
For Sale
Contact for pricing
Pending
Renovated two-family residence with separate 1-bedroom and 3-bedroom living spaces, plus basement utility and backyard pool.
Property Size2,916 SF
Days on Market61
Property Features for 201 Arlene Street
General Information
- Standard status
- Pending
- Size
- 2,916 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing Agency:
Homes R US Realty Of NY Inc
Listed By:
Gennady (Gary) Papirov · License #NY
Source:
Crexi
Added: May 27
Changed: Jul 10
Last Checked: Jul 24 at 9:10AM
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 Homes R US Realty Of NY Inc
Investment Insights
Based on property information with market context.
201 Arlene Street is a spacious two-family high-ranch home configured as a main 3-bedroom unit and a separate side 1-bedroom apartment. The main level offers a bright, open layout with a large family room on the first floor that provides direct access to the backyard. Additional basement space is available for recreation, storage, or extended living. The side apartment is fully renovated and includes its own basement area, supporting flexibility for rental use or multi-generational living.
The property has been well maintained with updates throughout, including new roof work with plywood replacement in 2019. Interior improvements include updated kitchens and bathrooms for both units. Outside, there is a paved driveway and a finished backyard featuring a saltwater, above-ground pool.
This home is well suited for buyers looking for a live-in arrangement with an additional, separately configured apartment, or for purchasers seeking a residential income property with substantial, finished interior space. With two renovated units, separate basement areas, and outdoor recreation space, the layout supports multiple household needs while keeping day-to-day usability straightforward.
The property has been well maintained with updates throughout, including new roof work with plywood replacement in 2019. Interior improvements include updated kitchens and bathrooms for both units. Outside, there is a paved driveway and a finished backyard featuring a saltwater, above-ground pool.
This home is well suited for buyers looking for a live-in arrangement with an additional, separately configured apartment, or for purchasers seeking a residential income property with substantial, finished interior space. With two renovated units, separate basement areas, and outdoor recreation space, the layout supports multiple household needs while keeping day-to-day usability straightforward.
Key Highlights
- Two‑family high‑ranch home built in 1970 with separate main and side units
- Main unit offers 3 bedrooms and 2 fully renovated bathrooms, plus a large family room with direct backyard access
- Side apartment is a fully renovated 1‑bedroom unit with its own basement area
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 | $119.0k | $40.80 |
| − Vacancy | −$5.4k | −$1.84 |
| EGI | $113.6k | $38.96 |
| − OpEx | −$34.1k | −$11.69 |
| NOI | $79.5k | $27.27 |
2,916 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$994.2K – $1.33M
NOI $79,533 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$1.05M
$921.9K – $1.23M
NOI $73,749 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,395 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Renovated two-family residence with separate 1-bedroom and 3-bedroom living spaces, plus basement utility and backyard pool.
Where is this duplex located?
The property is located at 201 Arlene Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: Two‑family high‑ranch home built in 1970 with separate main and side units; Main unit offers 3 bedrooms and 2 fully renovated bathrooms, plus a large family room with direct backyard access; Side apartment is a fully renovated 1‑bedroom unit with its own basement area
