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Two-Family Home with Finished Basement
For Sale
$1,499,000
Pending

22 Hope Avenue, Staten Island, NY 10305

MULTI_FAMILY - Staten Island, NY

Property Size2,691 SF
Lot Size0.10 Acres
Days on Market96

Property Features for 22 Hope Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning R3A
Bedrooms 8
Bathrooms 8
Full bathrooms 5
Half bathrooms 5
Rooms Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 9, Bathroom 4, Bedroom 7, Bedroom 3, Bathroom 3, Bathroom 5, Bedroom 8, Bathroom 6, Bathroom 10, Bathroom 7, Bathroom 8, Bathroom 1
Parking features Carport, On Street
Basement Full, Finished
Lot features Front Yard, Back Yard
Subdivision Shore Acres
Standard status Pending
APN 2863-0029
Size 2,691 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 8500

Utilities

Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Central Air

Building Details

Year built 2026
Floors in Building 2
Number of units 1
Building materials Stone, Stucco, Vinyl Siding
Listing Agency: Homes R Us Realty of NY, Inc.
Listed By: Svetlana Noll · License #10301222590
Added: Apr 29 Changed: Jul 29 Last Checked: Aug 2 at 4:06AM
MLS# 2602367

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.

Brand-new construction 7-over-7 two-family residence at 22 Hope Avenue offering two spacious units. Each unit features four bedrooms, two full bathrooms, an open-concept living and dining area, and a custom kitchen with stainless steel appliances and quartz countertops. Large windows provide natural light, and the interiors include hardwood flooring, ample closet space, and contemporary fixtures. The primary suites include private baths.

A full finished basement adds additional flexibility, including a 3/4 bath and a separate entrance. Parking is available via a 3+ car driveway.

The property is located in the Shore Acres section of Staten Island on a quiet, tree-lined street, with convenient access to parks, shopping, dining, and transportation options including the VZ Bridge, SI Expressway, and ferry services. Zoning is listed as R3A.

Key Highlights

  • Brand‑new 7‑over‑7 two‑family home (year built 2026) in Staten Island’s Shore Acres section
  • Each unit includes 4 bedrooms and 2 full bathrooms with open living and dining area plus a custom kitchen
  • Kitchens feature stainless steel appliances and quartz countertops

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 $109.8k $40.80
− Vacancy −$8.9k −$3.29
EGI $100.9k $37.51
− OpEx −$30.3k −$11.25
NOI $70.7k $26.26
2,691 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.01M
$883.2K – $1.18M (±1% cap)
NOI $70,653 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$928.6K
$812.6K – $1.08M (±1% cap)
NOI $65,004 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,880 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby

Demographics for 10305, NY

44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brand-new construction 7-over-7 configuration with two 4-bedroom units, finished basement, and 3+ car driveway parking.
Where is this duplex located?
The property is located at 22 Hope Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Brand‑new 7‑over‑7 two‑family home (year built 2026) in Staten Island’s Shore Acres section; Each unit includes 4 bedrooms and 2 full bathrooms with open living and dining area plus a custom kitchen; Kitchens feature stainless steel appliances and quartz countertops
More about this property
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