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Two-Family Duplex with Garage

232 Dartmouth Loop, New York City, NY 10306

For Sale
$799,000

A separate studio apartment accompanies a three-bedroom, 2.5-bath primary residence.

Property Size1,890 SF
Price / SF$422.75
Days on Market50

Property Features for 232 Dartmouth Loop

General Information

Standard status Active
Size 1,890 SF
Property subtype Multi Family

Units

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

Additional Details

HOA Fee $58
Public Transit Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,712

Building Details

Building Size 1,890 SF
Year Built 2005
Stories 3
Construction townhouse style
Listing Agency: Compass
Listed By: Hui Yu
Source: Carlinwright
Added: Sep 21 Changed: Nov 7 Last Checked: Nov 8 at 2:58PM

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 Compass

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Investment Insights

Based on property information with market context.

This 1,890-square-foot, three-story duplex pairs a three-bedroom, 2.5-bath main residence with a separate studio featuring one bathroom. The property also includes a built-in garage and additional parking. Community services include snow removal, landscaping, and street lighting through the HOA.

Located in New Dorp on Staten Island, the property is near shopping, restaurants, and movie theaters along Hylan Boulevard. S76 and S79 bus service is also nearby.

Key Highlights

  • 1,890‑square‑foot, three‑story two‑family property
  • Main residence has 3 bedrooms and 2.5 bathrooms
  • Separate studio unit with 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,009
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,180 $960.2K
Cap Rate 7%
$685,843 $685.8K
Cap Rate 9%
$533,433 $533.4K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$72.6K $38.40/SF
− Vacancy
−$4.0K −$2.11/SF
EGI
$68.6K $36.29/SF
− OpEx
−$20.6K −$10.89/SF
NOI
$48.0K $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%
$960,180
Cap Rate 7%
$685,843
Cap Rate 9%
$533,433

Alternative Uses

Best Use
Multifamily LT 5
$685.8K
$600.1K – $800.2K (±1% cap)
NOI $48,009 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$609.4K
$533.3K – $711.0K (±1% cap)
NOI $42,661 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$901.8K
$789.1K – $1.05M (±1% cap)
NOI $63,126 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,742
Businesses Nearby

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

Market

Average Price Trend$/SF for Duplexes in New York County, NY

$1,239 Jul
$1,249 Aug
$1,011 Sep
$839 Oct

Properties on Market for Duplexes in New York County

Jul
Aug
Sep
Oct

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 - A separate studio apartment accompanies a three-bedroom, 2.5-bath primary residence.
Where is this duplex located?
The property is located at 232 Dartmouth Loop New York City, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1,890‑square‑foot, three‑story two‑family property; Main residence has 3 bedrooms and 2.5 bathrooms; Separate studio unit with 1 bathroom
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