Legal Two-Family
27 Edgegrove Avenue Staten Island, NY 10312
For Sale
Contact for pricing
Legal two-family duplex with hardwood floors, one-car garage access, and a full basement.
Property Size2,192 SF
Price / SF$433.39
Days on Market165
Property Features for 27 Edgegrove Avenue
General Information
- Standard status
- Active
- Size
- 2,192 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing Agency:
Hand In Hand Real Estate
Listed By:
Richard Nichilo · License #10991217163
Source:
Crexi
Added: Feb 11
Changed: Jul 21
Last Checked: Jul 23 at 6:08AM
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 Hand In Hand Real Estate
Investment Insights
Based on property information with market context.
27 Edgegrove is a legal two-family duplex configured as a 7-room over 4-room layout. The main entrance opens to the family room, with access to a one-car garage and the basement. The basement offers additional space with versatility for future finishing or storage, and the home features hardwood flooring throughout.
Upstairs includes a full bathroom, eat-in kitchen, large living and dining rooms, a king-size primary bedroom with a half bath, and two additional bedrooms. The large first-floor four-room apartment also provides two bedrooms, an eat-in kitchen, and a full bathroom.
The property is situated on a quiet street, with forever-green views across the street. It is just minutes to Annadale town and KWV Parkway, with easy access to the Annadale train and transit center for local/NYC buses.
Upstairs includes a full bathroom, eat-in kitchen, large living and dining rooms, a king-size primary bedroom with a half bath, and two additional bedrooms. The large first-floor four-room apartment also provides two bedrooms, an eat-in kitchen, and a full bathroom.
The property is situated on a quiet street, with forever-green views across the street. It is just minutes to Annadale town and KWV Parkway, with easy access to the Annadale train and transit center for local/NYC buses.
Key Highlights
- Legal two‑family duplex built in 1972 with a total 7‑room upper unit and first‑floor 4‑room apartment
- Hardwood flooring throughout
- One‑car garage access plus full basement with potential for future use
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 | $84.2k | $38.40 |
| − Vacancy | −$6.8k | −$3.10 |
| EGI | $77.4k | $35.30 |
| − OpEx | −$23.2k | −$10.59 |
| NOI | $54.2k | $24.71 |
2,192 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$773.8K
$677.1K – $902.8K
NOI $54,166 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$680.8K
$595.7K – $794.3K
NOI $47,655 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$1.05M
$915.2K – $1.22M
NOI $73,213 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Legal two-family duplex with hardwood floors, one-car garage access, and a full basement.
Where is this duplex located?
The property is located at 27 Edgegrove Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Legal two‑family duplex built in 1972 with a total 7‑room upper unit and first‑floor 4‑room apartment; Hardwood flooring throughout; One‑car garage access plus full basement with potential for future use
