Westerleigh Two-Family Brick
21 Wheeler Avenue, Staten Island, NY 10314
Move-in ready two-family home with driveway and yard.
Type:Multifamily
Property size:
1,786 SFPrice / SF:
$498/SF- Added:
- Mar 19, 2026
- Days on Market:
- 66
- Last Refresh:
- Mar 20 at 8:43 pm
Property Features for 21 Wheeler Avenue
General Information
- Standard status
- Active
- Size
- 1,786 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1975
Listing agent Xiao Zhu License #New York
Listing office REMAX EDGE
Listing date Mar 19, 2026
Source Crexi
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 REMAX EDGE
HighLights
- Prime Westerleigh location, convenient to Victory Blvd., restaurants, shopping, schools, and parks.
- Rare semi‑attached 4‑over‑4 two‑family all‑brick home.
- Enjoy a 10‑foot‑wide private driveway that fits up to 4 cars, plus large front and back yard.
- Move‑in‑ready condition with fresh paint, hardwood floors, and new windows (2022).
- Finished basement with recreation room, ¾ bath, utility room, exercise space, and storage.
- Excellent transportation options: close to local and express buses to Brooklyn and Manhattan.
Overview
This semi-attached, all-brick, two-family home is located in the Westerleigh neighborhood. The property features a 10-foot-wide private driveway accommodating up to four cars, along with a large front and back yard. The first and second floors have identical layouts, featuring an open-concept design that integrates the living, dining, and kitchen areas. Each floor includes two bedrooms and one full bathroom. The finished basement includes windows, a large recreation room, a ¾ bath, a utility room, an exercise space, and storage. The home is in excellent, move-in-ready condition, with fresh paint and hardwood flooring throughout. New windows were installed in 2022. The property is centrally located one block from Victory Blvd., providing convenient access to restaurants, shopping, a fitness center, schools, and parks. Transportation options include the S93 bus to Brooklyn, as well as local buses S92, S91, and S66, and numerous express buses to Manhattan.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$541.3K
NOI $48,713 @ 9.00% cap · cautious / downside scenario
Moderate
$695.9K
NOI $48,713 @ 7.00% cap · market / base-case scenario
Aggressive
$974.3K
NOI $48,713 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.9k | $40.80 |
| − Vacancy | −$3.3k | −$1.84 |
| EGI | $69.6k | $38.96 |
| − OpEx | −$20.9k | −$11.69 |
| NOI | $48.7k | $27.27 |
1,786 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$695.9K
$608.9K – $811.9K
NOI $48,713 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$645.3K
$564.6K – $752.8K
NOI $45,170 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$852.2K
$745.7K – $994.2K
NOI $59,653 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
JG Spacemakers
Professional Organizer
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.130876
- Latitude
- 40.611429
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Move-in ready two-family home with driveway and yard.
Where is this duplex located?
The property is located at 21 Wheeler Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $889,500.
What are key features of this property?
This property features: Prime Westerleigh location, convenient to Victory Blvd., restaurants, shopping, schools, and parks.; Rare semi‑attached 4‑over‑4 two‑family all‑brick home.; Enjoy a **10‑foot‑wide private driveway that fits up to 4 cars**, plus large front and back yard.
