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Two-Family Duplex with Private Garage
For Sale
$899,999
Pending

23 Saxon Ave, Staten Island, NY 10314

Well-maintained two-unit property with separate systems, outdoor space, and flexible owner-occupant or rental use.

Property Size3,040 SF
Days on Market168

Property Features for 23 Saxon Ave

General Information

Standard status Pending
Size 3,040 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/2.5BA, 1 x 1BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Amenities

front yard
rear yard
private garage

Building Details

Year Built 2004
Buildings 1
Listing Agency: Tiger Realty
Listed By: Xu Chen
Source: Statenislandhomelistings
Added: May 6 Changed: Oct 1 Last Checked: Oct 19 at 6:59AM

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 Tiger Realty

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Investment Insights

Based on property information with market context.

Built in 2004, this 3,040-square-foot duplex contains two separate residential units. The primary residence offers three bedrooms, 2.5 bathrooms, a private primary suite, bright living areas, and access to both front and rear yards. The second unit includes one bedroom, one living room, and two full bathrooms, providing an option for rental use or extended-family living.

Each unit has its own heating system and hot water heater. A private garage adds on-site convenience. The property is located at 23 Saxon Ave in Staten Island, near Staten Island Mall, shopping centers, restaurants, schools, parks, and public transportation.

Key Highlights

  • 3,040‑square‑foot two‑family duplex built in 2004
  • Primary unit includes 3 bedrooms, 2.5 bathrooms, and a private primary suite
  • Second unit offers 1 bedroom, 1 living room, and 2 full bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,885
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,537,700 $1.5M
Cap Rate 7%
$1,098,357 $1.1M
Cap Rate 9%
$854,278 $854.3K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$145.9K $48.00/SF
− Vacancy
−$6.1K −$2.02/SF
EGI
$139.8K $45.98/SF
− OpEx
−$62.9K −$20.69/SF
NOI
$76.9K $25.29/SF
Area
ZIP 10314
Vacancy
4.20%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,537,700
Cap Rate 7%
$1,098,357
Cap Rate 9%
$854,278

Alternative Uses

Best Use
Multifamily LT 5
$1.18M
$1.04M – $1.38M (±1% cap)
NOI $82,915 @ 7.0% cap · market cap 9.21%
Second Best
Apartment 5plus
$1.10M
$961.1K – $1.28M (±1% cap)
NOI $76,885 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,537 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby

Demographics for 10314, NY

92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Well-maintained two-unit property with separate systems, outdoor space, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 23 Saxon Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: 3,040‑square‑foot two‑family duplex built in 2004; Primary unit includes 3 bedrooms, 2.5 bathrooms, and a private primary suite; Second unit offers 1 bedroom, 1 living room, and 2 full bathrooms
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