Two-Unit Property with Finished
For Sale
$625,000
Pending
202 Dixon Ave, Staten Island, NY 10303
Corner-lot duplex with two-bedroom units, extra attic space, a basement, and a detached garage.
Property Size2,000 SF
Days on Market184
Property Features for 202 Dixon Ave
General Information
Standard status
Pending
Size
2,000 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
a little TLC
Building Details
Year Built
1920
Listing Agency:
Jason Mitchell Real Estate NY
Listed By:
Vincent Volpe · License #10401380617
(917) 331-0161
Source:
Statenislandhomelistings
Added: Apr 20
Changed: Oct 7
Last Checked: Oct 19 at 6:52AM
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 Jason Mitchell Real Estate NY
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Investment Insights
Based on property information with market context.
This duplex contains two separate units, each with two bedrooms, within a 2,000-square-foot property built in 1920. A finished attic expands the usable interior, while the full unfinished basement provides additional space for storage or future customization. The property also includes a detached garage and is situated on a corner lot.
The existing layout offers distinct residential spaces with supplemental areas beyond the primary units. The attic is finished, while the basement remains unfinished, creating different options for current use and future work. The property is located at 202 Dixon Ave in Staten Island, New York.
The existing layout offers distinct residential spaces with supplemental areas beyond the primary units. The attic is finished, while the basement remains unfinished, creating different options for current use and future work. The property is located at 202 Dixon Ave in Staten Island, New York.
Key Highlights
- Two‑unit duplex with two bedrooms in each unit
- 2,000 square feet of total property size
- Finished attic provides additional interior space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,736
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$994,720
$994.7K
Cap Rate 7%
$710,514
$710.5K
Cap Rate 9%
$552,622
$552.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$74.4K $37.20/SF
− Vacancy
−$3.3K −$1.67/SF
EGI
$71.1K $35.53/SF
− OpEx
−$21.3K −$10.66/SF
NOI
$49.7K $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%
$994,720
Cap Rate 7%
$710,514
Cap Rate 9%
$552,622
Alternative Uses
Best Use
Multifamily LT 5
$710.5K
$621.7K – $828.9K
NOI $49,736 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$633.6K
$554.4K – $739.2K
NOI $44,352 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$954.3K
$835.0K – $1.11M
NOI $66,800 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,206
Businesses Nearby
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Business Placement
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot duplex with two-bedroom units, extra attic space, a basement, and a detached garage.
Where is this duplex located?
The property is located at 202 Dixon Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms in each unit; 2,000 square feet of total property size; Finished attic provides additional interior space
