New Construction
For Sale
$1,599,999
258 Armstrong Avenue, Staten Island, NY 10308
Each residence has four bedrooms and two bathrooms, with finished basement space and separate exterior entrances.
Property Size2,850 SF
Price / SF$561.40
Days on Market9
Property Features for 258 Armstrong Avenue
General Information
Standard status
Active
Size
2,850 SF
Property subtype
Residential Income
Zoning
R3X
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Amenities
true
5
8
3825
42.5X90
0.09
Assigned
2850
Building Details
Building Size
2,850 SF
Year Built
2026
Stories
2
Listing Agency:
Tiger Realty
Listed By:
Shan Su · License #10401371251
(717) 824-7337
Source:
Matiasrealestatenyc
Added: Oct 29
Changed: Nov 4
Last Checked: Nov 5 at 8:57AM
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.
Completed in 2026, this 2,850-square-foot duplex contains two residences, each with four bedrooms and two bathrooms. Both feature formal living and dining rooms, eat-in kitchens with new appliances, and finished basement space with luxury vinyl flooring. The basement has separate entrances at the front and rear, plus a three-quarter bathroom. The building is equipped with three meters and includes infrastructure intended to support a future basement dwelling unit.
The property is in Staten Island, near schools, parks, shopping, dining, and transportation. It is zoned R3X.
The property is in Staten Island, near schools, parks, shopping, dining, and transportation. It is zoned R3X.
Key Highlights
- Two residences, each with 4 bedrooms and 2 bathrooms
- 2,850 square feet; built in 2026
- Finished basement with luxury vinyl flooring and a 3/4 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,874
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,480
$1.4M
Cap Rate 7%
$1,012,486
$1.0M
Cap Rate 9%
$787,489
$787.5K
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$106.0K $37.20/SF
− Vacancy
−$4.8K −$1.67/SF
EGI
$101.2K $35.53/SF
− OpEx
−$30.4K −$10.66/SF
NOI
$70.9K $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%
$1,417,480
Cap Rate 7%
$1,012,486
Cap Rate 9%
$787,489
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$885.9K – $1.18M
NOI $70,874 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$902.9K
$790.0K – $1.05M
NOI $63,202 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,191 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,392
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has four bedrooms and two bathrooms, with finished basement space and separate exterior entrances.
Where is this duplex located?
The property is located at 258 Armstrong Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Two residences, each with 4 bedrooms and 2 bathrooms; 2,850 square feet; built in 2026; Finished basement with luxury vinyl flooring and a 3/4 bathroom
