Corner-Lot Duplex with
For Sale
$939,000
272 Olympia Blvd, Staten Island, NY 10305
Two-level layout includes a separate occupied apartment and three-bedroom main residence.
Property Size2,468 SF
Price / SF$380.47
Days on Market89
Property Features for 272 Olympia Blvd
General Information
Standard status
Active
Size
2,468 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
require some updates
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
above-ground pool
terrace
fully fenced
Building Details
Year Built
1930
Tenancy
Single
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Cindy C Cheung · License #40CH0915567
(917) 601-2627
Source:
Statenislandhomelistings
Added: Jul 19
Changed: Oct 11
Last Checked: Oct 12 at 7:46PM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
This 2,468-square-foot duplex, built in 1930, combines a three-bedroom main residence with a currently occupied two-bedroom apartment on the lower level. The primary living area includes a formal dining room, high ceilings, a terrace-connected kitchen, four-piece bathroom, generous closet space, hot water heating, and fresh paint. Multiple driveways, a two-car garage, two distinct backyard areas, maintenance-free yard, above-ground pool, and full fencing add practical utility and separation.
The property occupies an irregular corner lot at 272 Olympia Blvd in Staten Island. It is located minutes from the Verrazzano Bridge, the Atlantic Ocean, the boardwalk, and a major MTA hub. The home requires updates, offering a defined modernization component within a duplex configuration that includes an occupied apartment.
The property occupies an irregular corner lot at 272 Olympia Blvd in Staten Island. It is located minutes from the Verrazzano Bridge, the Atlantic Ocean, the boardwalk, and a major MTA hub. The home requires updates, offering a defined modernization component within a duplex configuration that includes an occupied apartment.
Key Highlights
- 2,468‑square‑foot duplex on an irregular corner lot
- Three‑bedroom main residence plus currently occupied two‑bedroom apartment
- Multiple driveways and a two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,798
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,960
$1.3M
Cap Rate 7%
$925,686
$925.7K
Cap Rate 9%
$719,978
$720.0K
Market Conditions
NOI Build-Up for 2,468 SF
Gross rent
$100.7K $40.80/SF
− Vacancy
−$8.1K −$3.29/SF
EGI
$92.6K $37.51/SF
− OpEx
−$27.8K −$11.25/SF
NOI
$64.8K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,960
Cap Rate 7%
$925,686
Cap Rate 9%
$719,978
Alternative Uses
Best Use
Multifamily LT 5
$925.7K
$810.0K – $1.08M
NOI $64,798 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$851.7K
$745.2K – $993.6K
NOI $59,617 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,432 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,949
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-level layout includes a separate occupied apartment and three-bedroom main residence.
Where is this duplex located?
The property is located at 272 Olympia Blvd Staten Island, NY.
What is the asking price?
The asking price for this property is $939,000.
What are key features of this property?
This property features: 2,468‑square‑foot duplex on an irregular corner lot; Three‑bedroom main residence plus currently occupied two‑bedroom apartment; Multiple driveways and a two‑car garage
