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Duplex with Two Electric Meters
New
For Sale
$990,000

2011 Clove Road, Staten Island, NY 10304

MULTI_FAMILY - Staten Island, NY

Property Size1,368 SF
Lot Size0.06 Acres
Price / SF$723.68
Days on Market6

Property Features for 2011 Clove Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3-2
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 2
Parking features Garage - Detached
Interior features A/C Unit, Refrigerator, Stove
Basement Finished, Full
Subdivision Grasmere
Standard status Active
Size 1,368 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 5946

Amenities

washer and dryer
backyard
garage
large balcony
basement

Building Details

Year built 1910
Floors in Building 2
Flooring type Tile, Hardwood
Listing Agency: Tiger Realty
Listed By: Hui Bin (Sky) Wu
Added: Jul 27 Changed: Jul 31 Last Checked: Aug 1 at 12:06AM
MLS# 503307

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Duplex at 2011 Clove Road offers a fully renovated two-level, detached layout with two electric meters. The first floor features three bedrooms, a living room, washer and dryer, and provides access to a basement, plus a backyard and detached garage. The second floor includes two bedrooms, a living room, washer and dryer, and a large balcony. Interior features include A/C unit, refrigerator, and stove, with hardwood and tile flooring throughout. The property was built in 1910.

Set on a 0.0574-acre lot and totaling 1,368 SF, the home is located near the Verrazzano Bridge. Public transportation includes the S53 bus with direct service to Brooklyn.

Zoned R3-2, this duplex is move-in ready and designed for straightforward day-to-day living across two floors, with multiple outdoor and utility-access features that support comfortable routines.

Key Highlights

  • Fully renovated duplex with two electric meters
  • First floor: 3 bedrooms, living room, washer and dryer, basement access
  • Second floor: 2 bedrooms, living room, washer and dryer, large balcony

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 $52.5k $38.40
− Vacancy −$4.2k −$3.10
EGI $48.3k $35.30
− OpEx −$14.5k −$10.59
NOI $33.8k $24.71
1,368 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$482.9K
$422.6K – $563.4K (±1% cap)
NOI $33,804 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$442.6K
$387.3K – $516.3K (±1% cap)
NOI $30,980 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$652.7K
$571.2K – $761.5K (±1% cap)
NOI $45,692 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Law Firm Dental Office Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

1,093
Businesses Nearby

Demographics for 10304, NY

46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Fully renovated duplex with two electric meters, two-level layout, detached garage, and R3-2 zoning on Staten Island.
Where is this duplex located?
The property is located at 2011 Clove Road Staten Island, NY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Fully renovated duplex with two electric meters; First floor: 3 bedrooms, living room, washer and dryer, basement access; Second floor: 2 bedrooms, living room, washer and dryer, large balcony
More about this property
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