Duplex with Two
For Sale
$850,000
203 Corson Avenue, Staten Island, NY 10301
Residential Income, Staten Island, NY
Property Size2,288 SF
Lot Size0.06 Acres
Price / SF$371.50
Days on Market251
Property Features for 203 Corson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3 A
Bedrooms
7
Bathrooms
4
Full bathrooms
2
Rooms
Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 7
Parking features
On Street
Patio and Porch features
Deck
Fencing
Fenced
Basement
Full, Unfinished
Lot features
Front Yard, Back Yard
Subdivision
New Brighton
Standard status
Active
APN
00036-0141
Size
2,288 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
4118
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding
Listing Agency:
M&M Homes Inc.
(718) 966-2100
Listed By:
Eun-Sook Kim · License #31KI0913463
(347) 228-3702
Added: Feb 3
Changed: Oct 8
Last Checked: Oct 12 at 6:06PM
MLS# 2600640
Copyright © 2026 Staten Island Board of Realtors. 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.
This 2,288-square-foot duplex, built in 1920, contains two residences with a combined seven bedrooms. One unit offers three bedrooms, a sunroom, an eat-in kitchen, a deck, and backyard access. The second residence includes four bedrooms, a living room, an eat-in kitchen, deck access, and a full-size unfinished basement with a separate door to the backyard.
Recent improvements include fresh paint, refinished hardwood floors, and new refrigerator and oven appliances. Both units have washer and dryer hookups. The property has aluminum siding, hot-water heating fueled by natural gas, public sewer service, fenced outdoor space, and on-street parking. It is fully rented and located near the Staten Island Ferry and public transportation.
Recent improvements include fresh paint, refinished hardwood floors, and new refrigerator and oven appliances. Both units have washer and dryer hookups. The property has aluminum siding, hot-water heating fueled by natural gas, public sewer service, fenced outdoor space, and on-street parking. It is fully rented and located near the Staten Island Ferry and public transportation.
Key Highlights
- Fully rented duplex with 2,288 square feet of building area
- Two residences totaling 7 bedrooms
- One unit includes 3 bedrooms, a sunroom, deck, and backyard access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,898
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,137,960
$1.1M
Cap Rate 7%
$812,829
$812.8K
Cap Rate 9%
$632,200
$632.2K
Market Conditions
NOI Build-Up for 2,288 SF
Gross rent
$85.1K $37.20/SF
− Vacancy
−$3.8K −$1.67/SF
EGI
$81.3K $35.53/SF
− OpEx
−$24.4K −$10.66/SF
NOI
$56.9K $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%
$1,137,960
Cap Rate 7%
$812,829
Cap Rate 9%
$632,200
Alternative Uses
Best Use
Multifamily LT 5
$812.8K
$711.2K – $948.3K
NOI $56,898 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$724.8K
$634.2K – $845.7K
NOI $50,739 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$1.09M
$955.3K – $1.27M
NOI $76,420 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully rented duplex with two spacious residences, outdoor areas, basement storage, and convenient access to ferry service and public transportation.
Where is this duplex located?
The property is located at 203 Corson Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully rented duplex with 2,288 square feet of building area; Two residences totaling 7 bedrooms; One unit includes 3 bedrooms, a sunroom, deck, and backyard access
