Two-Family Residential Income
24 Caroline Street Staten Island, NY 10310
24 Caroline Street, Staten Island, NY, 10310
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For Sale
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Two separate units with updated kitchens, separate utilities, ample parking, and a private yard near major highways.
Property Size1,500 SF
Price / SF$532.67
Days on Market82
Property Features for 24 Caroline Street
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2003
Listing agency
Ashford Homes LLC
(929) 364-1301
Listed by
Njoek Kong Tjon · License #10401380276
Source
Crexi
Added: May 3 Updated: Jul 21 at 1:19AM Checked: Jul 22 at 1:08PM
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 Ashford Homes LLC
Investment Insights
Based on property information with market context.
This spacious two-family home offers two distinct living units with bright, well-proportioned interiors. Each unit features updated kitchens and comfortable bedrooms, providing flexible options for owner-occupancy or renting. The property also includes separate utilities, which can support independent tenant operations, along with ample parking and a private yard.
Located at 24 Caroline Street on Staten Island, the home is described as just minutes from major highways. It also provides access to public transportation and nearby shopping and dining, supporting convenient day-to-day commuting and errands.
For buyers looking to occupy one unit while renting the other, the layout and separate utilities are designed to accommodate that model.
Located at 24 Caroline Street on Staten Island, the home is described as just minutes from major highways. It also provides access to public transportation and nearby shopping and dining, supporting convenient day-to-day commuting and errands.
For buyers looking to occupy one unit while renting the other, the layout and separate utilities are designed to accommodate that model.
Key Highlights
- Built in 2003, two‑family home with two separate units
- Updated kitchens in both units
- Separate utilities for each unit
Local 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 | $55.8k | $37.20 |
| − Vacancy | −$2.5k | −$1.67 |
| EGI | $53.3k | $35.53 |
| − OpEx | −$16.0k | −$10.66 |
| NOI | $37.3k | $24.87 |
1,500 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$532.9K
$466.3K – $621.7K
NOI $37,302 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$475.2K
$415.8K – $554.4K
NOI $33,264 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$715.7K
$626.3K – $835.0K
NOI $50,100 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate units with updated kitchens, separate utilities, ample parking, and a private yard near major highways.
Where is this duplex located?
The property is located at 24 Caroline Street Staten Island, 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: Built in 2003, two‑family home with two separate units; Updated kitchens in both units; Separate utilities for each unit
