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New Construction Duplex
For Sale
$1,499,999
Pending

23 Inez St, Staten Island, NY 10309

Two-family layout with finished lower levels, separate entrances, private baths, laundry areas, and energy-efficient features.

Property Size2,970 SF
Days on Market123

Property Features for 23 Inez St

General Information

Standard status Pending
Size 2,970 SF
Property subtype Multi-Family

Amenities

open concept living and dining area
kitchen with island and quartz counters
fully finished basement
separate entrance
laundry area
energy efficient features
separate utilities

Building Details

Year Built 2026
Buildings 1
Tenancy Multi
Listing Agency: RE/MAX Elite
Listed By: Robert Bianco · License #10401223662
Source: Statenislandhomelistings
Added: Jul 7 Changed: Nov 1 Last Checked: Nov 4 at 2:22PM

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 RE/MAX Elite

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Investment Insights

Based on property information with market context.

This new-construction duplex includes two residential units, each with three bedrooms, a private bath in the main bedroom, and two additional bathrooms. Both units feature open-concept living and dining areas with kitchens equipped with islands and quartz counters. Fully finished basements are divided equally, with a separate entrance, laundry area, and bath for each unit. The lower levels provide flexible space for a family room, home office, gym, or extended-family area.

Located on Inez St in Staten Island, the property includes separate utilities with three meters and two laundry areas in each unit. Quality construction and energy-efficient features are incorporated throughout.

Key Highlights

  • New‑construction two‑family duplex on Inez St in Staten Island
  • Each unit includes 3 bedrooms and 3 bathrooms
  • Open‑concept living and dining areas with kitchen islands and quartz counters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,859
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,477,180 $1.5M
Cap Rate 7%
$1,055,129 $1.1M
Cap Rate 9%
$820,656 $820.7K
Market Conditions
NOI Build-Up for 2,970 SF
Gross rent
$110.5K $37.20/SF
− Vacancy
−$5.0K −$1.67/SF
EGI
$105.5K $35.53/SF
− OpEx
−$31.7K −$10.66/SF
NOI
$73.9K $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%
$1,477,180
Cap Rate 7%
$1,055,129
Cap Rate 9%
$820,656

Alternative Uses

Best Use
Multifamily LT 5
$1.06M
$923.2K – $1.23M (±1% cap)
NOI $73,859 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$940.9K
$823.3K – $1.10M (±1% cap)
NOI $65,863 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M (±1% cap)
NOI $99,199 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 10309, NY

33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-family layout with finished lower levels, separate entrances, private baths, laundry areas, and energy-efficient features.
Where is this duplex located?
The property is located at 23 Inez St Staten Island, NY.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: New‑construction two‑family duplex on Inez St in Staten Island; Each unit includes 3 bedrooms and 3 bathrooms; Open‑concept living and dining areas with kitchen islands and quartz counters
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Includes: Price & PSF · Cap rate · Location · Zoning

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