Detached Duplex with
For Sale
$999,999
24 E Figurea Avenue, Staten Island, NY 10308
Two-family residence with patio, backyard, and dedicated driveway parking.
Property Size1,720 SF
Price / SF$581.39
Days on Market49
Property Features for 24 E Figurea Avenue
General Information
Standard status
Active
Size
1,720 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
wood burning fireplace
eat in kitchen
patio
attic
laundry room
family room
large backyard
Building Details
Year Built
1960
Buildings
1
Listing Agency:
Prime Time Real Estate, Inc.
Listed By:
Frank Surace · License #11783
(718) 980-3000
Source:
Remaxedgenyc
Added: Sep 19
Changed: Oct 25
Last Checked: Nov 4 at 10:21AM
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 Prime Time Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This detached two-family residence includes a living room, dining room, eat-in kitchen, family room, laundry room, attic, and a wood-burning fireplace. A patio extends from the living room, while the large backyard provides additional outdoor space. The property also includes a one-car garage and a driveway accommodating two vehicles.
The one-bedroom apartment was renovated within the last 5 years. The home is in Great Kills on Staten Island, near transportation, restaurants, and shopping. Built in 1960, the property has a reported size of 1,720.
The one-bedroom apartment was renovated within the last 5 years. The home is in Great Kills on Staten Island, near transportation, restaurants, and shopping. Built in 1960, the property has a reported size of 1,720.
Key Highlights
- Detached two‑family property in Great Kills, Staten Island
- One‑bedroom apartment renovated within the last 5 years
- One‑car garage plus driveway parking for two vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,773
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,460
$855.5K
Cap Rate 7%
$611,043
$611.0K
Cap Rate 9%
$475,256
$475.3K
Market Conditions
NOI Build-Up for 1,720 SF
Gross rent
$64.0K $37.20/SF
− Vacancy
−$2.9K −$1.67/SF
EGI
$61.1K $35.53/SF
− OpEx
−$18.3K −$10.66/SF
NOI
$42.8K $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%
$855,460
Cap Rate 7%
$611,043
Cap Rate 9%
$475,256
Alternative Uses
Best Use
Multifamily LT 5
$611.0K
$534.7K – $712.9K
NOI $42,773 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$544.9K
$476.8K – $635.7K
NOI $38,143 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$820.7K
$718.1K – $957.5K
NOI $57,448 @ 7.0% cap · market cap 5.74%
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
903
Businesses Nearby
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Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
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 - Two-family residence with patio, backyard, and dedicated driveway parking.
Where is this duplex located?
The property is located at 24 E Figurea Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Detached two‑family property in Great Kills, Staten Island; One‑bedroom apartment renovated within the last 5 years; One‑car garage plus driveway parking for two vehicles
