Dongan Hills Legal Two-Family
203 Evergreen Avenue Staten Island, NY 10305
203 Evergreen Avenue, Staten Island, NY, 10305
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For Sale
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Spacious two-family home in desirable Dongan Hills neighborhood.
Property Size2,484 SF
Price / SF$482.69
Days on Market66
Property Features for 203 Evergreen Avenue
General Information
- Standard status
- Active
- Size
- 2,484 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1955
Listing Agency
DiTommaso Real Estate
Listed by
christine Innamorato · License #40IN1163150
Source
Crexi
Added: May 14 Checked: Jul 16 at 10:56 am
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 DiTommaso Real Estate
Investment Insights
Based on property information with market context.
This fully detached legal two-family home is situated in the desirable Dongan Hills neighborhood. The property features a three-bedroom unit on the first floor and a two-bedroom unit on the second floor. A full finished basement provides additional living and storage space. The property also includes a detached garage, ample parking, and a nice-sized backyard. The location offers convenient access to the Verrazzano Bridge and public transportation. The first-floor unit includes three bedrooms, a spacious living room, a dining room, a kitchen, a full bath, hardwood floors throughout, and an enclosed sunporch. The second-floor apartment features two large bedrooms, including a master bedroom with a walk-in closet, a full bathroom, a spacious living room, and an eat-in kitchen, as well as a sunporch. Separate utilities for each unit add convenience. The full finished basement includes a summer kitchen, an extra room, and a laundry room. The property size is 2484 square feet.
Key Highlights
- Legal 2‑family home in desirable Dongan Hills.
- Separate utilities for each unit.
- Enjoy a 3‑bedroom unit and a 2‑bedroom unit.
Local 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 | $101.3k | $40.80 |
| − Vacancy | −$8.2k | −$3.29 |
| EGI | $93.2k | $37.51 |
| − OpEx | −$28.0k | −$11.25 |
| NOI | $65.2k | $26.26 |
2,484 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$931.7K
$815.2K – $1.09M
NOI $65,218 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$857.2K
$750.1K – $1.00M
NOI $60,004 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $82,966 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious two-family home in desirable Dongan Hills neighborhood.
Where is this duplex located?
The property is located at 203 Evergreen Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Legal 2‑family home in desirable Dongan Hills.; Separate utilities for each unit.; Enjoy a 3‑bedroom unit and a 2‑bedroom unit.
