Two-Unit Duplex with
For Sale
$749,900
22 Stanley Avenue, Staten Island, NY 10301
The rented first-floor apartment pairs with a renovated vacant upper unit, offering two distinct occupancy options.
Property Size1,520 SF
Price / SF$493.36
Days on Market12
Property Features for 22 Stanley Avenue
General Information
Standard status
Active
Size
1,520 SF
Property subtype
Residential Income
Zoning
R3A
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,531
Amenities
true
1
6
Front Yard,Back Yard
3125
25x125
0.07
Off Street,On Street
1520
Building Details
Building Size
1,520 SF
Year Built
1920
Buildings
1
Stories
2
Listing Agency:
Homes R Us Realty of NY, Inc.
Listed By:
Gennady Gary Papirov · License #30PA0885250
(917) 856-2012
Source:
Matiasrealestatenyc
Added: Oct 26
Changed: Nov 4
Last Checked: Nov 5 at 9:00AM
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 Homes R Us Realty of NY, Inc.
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Investment Insights
Based on property information with market context.
This two-family duplex contains two 3-bedroom apartments within 1,520 square feet. The first-floor unit is occupied; the renovated second-floor apartment is vacant. A full unfinished basement adds storage space, and the property includes a private backyard and new siding. Zoning is R3A.
The parcel measures 25 by 125 feet, or 0.07 acres. The property was built in 1920 and includes off-street and on-street parking.
The parcel measures 25 by 125 feet, or 0.07 acres. The property was built in 1920 and includes off-street and on-street parking.
Key Highlights
- Two 3‑bedroom apartments in a 1,520‑square‑foot duplex
- First‑floor apartment is occupied; renovated second‑floor unit is vacant
- Full unfinished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,800
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,000
$756.0K
Cap Rate 7%
$540,000
$540.0K
Cap Rate 9%
$420,000
$420.0K
Market Conditions
NOI Build-Up for 1,520 SF
Gross rent
$56.5K $37.20/SF
− Vacancy
−$2.5K −$1.67/SF
EGI
$54.0K $35.53/SF
− OpEx
−$16.2K −$10.66/SF
NOI
$37.8K $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%
$756,000
Cap Rate 7%
$540,000
Cap Rate 9%
$420,000
Alternative Uses
Best Use
Multifamily LT 5
$540.0K
$472.5K – $630.0K
NOI $37,800 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$481.5K
$421.4K – $561.8K
NOI $33,708 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$725.3K
$634.6K – $846.1K
NOI $50,768 @ 7.0% cap · market cap 6.77%
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
1,732
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - The rented first-floor apartment pairs with a renovated vacant upper unit, offering two distinct occupancy options.
Where is this duplex located?
The property is located at 22 Stanley Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two 3‑bedroom apartments in a 1,520‑square‑foot duplex; First‑floor apartment is occupied; renovated second‑floor unit is vacant; Full unfinished basement
