Duplex with Finished
For Sale
$1,099,888
219 Bishop, Staten Island, NY 10306
Two separate living units provide options for multi-generational occupancy or rental income.
Property Size2,156 SF
Price / SF$510.15
Days on Market57
Property Features for 219 Bishop
General Information
Standard status
Active
Size
2,156 SF
Property subtype
Multi-Unit (2-4)
Additional Details
Asking Price
$1,099,888
Multifamily Units
2
Building Details
Year Built
1980
Buildings
1
Construction
Hi-Ranch
Listing Agency:
YOUR HOME SOLD GUARANTEED REALTY ADVISOR LLC
Listed By:
Hal Blake
(718) 608-4892
Source:
Davisrealtyandauction
Added: Sep 11
Changed: Nov 5
Last Checked: Nov 5 at 7:07AM
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 YOUR HOME SOLD GUARANTEED REALTY ADVISOR LLC
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Investment Insights
Based on property information with market context.
This semi-attached duplex in Staten Island contains two living units, with four bedrooms and four full bathrooms across the property. The interiors have been renovated, and the finished basement has a separate entrance and rough-ins for an additional kitchen; any future use is subject to required approvals. A private garage and additional parking are also included.
Built in 1980, the property measures 2,156 square feet. Its two-unit layout and separate basement access are key features of the residence.
Built in 1980, the property measures 2,156 square feet. Its two-unit layout and separate basement access are key features of the residence.
Key Highlights
- Two living units with four bedrooms and four full bathrooms
- 2,156 square feet; built in 1980
- Finished basement with separate entrance and rough‑ins for an additional kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,766
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,320
$1.1M
Cap Rate 7%
$782,371
$782.4K
Cap Rate 9%
$608,511
$608.5K
Market Conditions
NOI Build-Up for 2,156 SF
Gross rent
$82.8K $38.40/SF
− Vacancy
−$4.6K −$2.11/SF
EGI
$78.2K $36.29/SF
− OpEx
−$23.5K −$10.89/SF
NOI
$54.8K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,320
Cap Rate 7%
$782,371
Cap Rate 9%
$608,511
Alternative Uses
Best Use
Multifamily LT 5
$782.4K
$684.6K – $912.8K
NOI $54,766 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$695.2K
$608.3K – $811.1K
NOI $48,665 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$1.03M
$900.1K – $1.20M
NOI $72,011 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
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Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living units provide options for multi-generational occupancy or rental income.
Where is this duplex located?
The property is located at 219 Bishop Staten Island, NY.
What is the asking price?
The asking price for this property is $1,099,888.
What are key features of this property?
This property features: Two living units with four bedrooms and four full bathrooms; 2,156 square feet; built in 1980; Finished basement with separate entrance and rough‑ins for an additional kitchen
