Duplex with New HVAC and Separate
For Sale
Contact for pricing
25 Northfield Avenue, Staten Island, NY 10303
Updated duplex with separate utilities, brand-new HVAC and hot water heater, and two units needing cosmetic renovation.
Property Size1,950 SF
Price / SF$348.66
Days on Market8
Property Features for 25 Northfield Avenue
General Information
Standard status
Active
Size
1,950 SF
Total Parking Spaces
2
Property subtype
Multifamily
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/2.5BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
2006
Buildings
1
Listing Agency:
SI Premiere Properties
(718) 667-6400
Listed By:
Gregory Diaz · License #10311201987
Source:
Crexi
Added: Jul 26
Changed: Jul 30
Last Checked: Aug 1 at 12:29PM
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 SI Premiere Properties
Investment Insights
Based on property information with market context.
This two-family duplex was built in 2006 and includes a brand-new HVAC system and a brand-new hot water heater. Both units require cosmetic renovation, making this property a good fit for an owner-occupant or a buyer looking to refresh finishes and improve presentation while maintaining separate utility arrangements.
Utilities are all separate. Unit 1 has its own electric and gas service with central air and heat, and the tenant pays all utilities except water until the meter is installed. Unit 2 also has separate electric and an on-site gas oven, with electric baseboard heating and the tenant paying all utilities except water until the meter is installed.
The layout includes Unit 1 with three bedrooms and 2.5 bathrooms, an oversized master bedroom with a private full bath, a large kitchen with a dining area, a formal dining room, a spacious living room, a small backyard, and a garage. Unit 2 offers two bedrooms and one bathroom with a compact kitchen and living area. The property also provides driveway parking for two cars.
Utilities are all separate. Unit 1 has its own electric and gas service with central air and heat, and the tenant pays all utilities except water until the meter is installed. Unit 2 also has separate electric and an on-site gas oven, with electric baseboard heating and the tenant paying all utilities except water until the meter is installed.
The layout includes Unit 1 with three bedrooms and 2.5 bathrooms, an oversized master bedroom with a private full bath, a large kitchen with a dining area, a formal dining room, a spacious living room, a small backyard, and a garage. Unit 2 offers two bedrooms and one bathroom with a compact kitchen and living area. The property also provides driveway parking for two cars.
Key Highlights
- Brand‑new HVAC system and brand‑new hot water heater
- Utilities are all separate for both units (tenant pays utilities except water until meter install)
- Unit 1: 3 bedrooms, 2.5 bathrooms with central air and heat
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 | $72.5k | $37.20 |
| − Vacancy | −$3.3k | −$1.67 |
| EGI | $69.3k | $35.53 |
| − OpEx | −$20.8k | −$10.66 |
| NOI | $48.5k | $24.87 |
1,950 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$692.8K
$606.2K – $808.2K
NOI $48,493 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$617.8K
$540.5K – $720.7K
NOI $43,243 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$930.4K
$814.1K – $1.09M
NOI $65,130 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
Explore this area
Business Placement
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex with separate utilities, brand-new HVAC and hot water heater, and two units needing cosmetic renovation.
Where is this duplex located?
The property is located at 25 Northfield Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $679,888.
What are key features of this property?
This property features: Brand‑new HVAC system and brand‑new hot water heater; Utilities are all separate for both units (tenant pays utilities except water until meter install); Unit 1: 3 bedrooms, 2.5 bathrooms with central air and heat
