Duplex with Finished
For Sale
$1,599,999
Pending
262 Armstrong Ave, Staten Island, NY 10308
New construction offers two four-bedroom residences and a finished basement with separate front and rear access.
Property Size2,850 SF
Days on Market19
Property Features for 262 Armstrong Ave
General Information
Standard status
Pending
Size
2,850 SF
Property subtype
Multi-Family
Building Details
Year Built
2026
Listing Agency:
Tiger Realty
Listed By:
Shan Su
(917) 708-9966
Source:
Statenislandhomelistings
Added: Sep 24
Changed: Oct 3
Last Checked: Oct 11 at 6:39AM
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
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 units include formal living and dining rooms, plus eat-in kitchens equipped with new appliances. The finished basement has luxury vinyl flooring, a three-quarter bathroom, and separate entrances at the front and rear of the building.
The property has three meters. Schools, parks, retail, dining, and transportation are nearby.
The property has three meters. Schools, parks, retail, dining, and transportation are nearby.
Key Highlights
- Two residences, each with 4 bedrooms and 2 bathrooms
- 2,850‑square‑foot building completed in 2026
- Finished basement with a 3/4 bathroom and luxury vinyl flooring
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
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,392
Businesses Nearby
Explore this area
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
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 - New construction offers two four-bedroom residences and a finished basement with separate front and rear access.
Where is this duplex located?
The property is located at 262 Armstrong Ave 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‑foot building completed in 2026; Finished basement with a 3/4 bathroom and luxury vinyl flooring
