Duplex on Oversized Corner
For Sale
$849,888
278 Caswell Avenue, Staten Island, NY 10314
Legal two-family residence currently arranged for single-family use, with a detached garage and partially finished basement.
Property Size1,595 SF
Lot Size0.14 Acres
Price / SF$532.85
Days on Market18
Property Features for 278 Caswell Avenue
General Information
Standard status
Active
Size
1,595 SF
Total Parking Spaces
1
Lot size
0.14 Acres
Property subtype
Residential Income
Zoning
R3X
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,170
Amenities
Ceiling Fan(s)
Walk-In Closet(s)
Building Details
Building Size
1,595 SF
Year Built
1925
Buildings
1
Stories
2
Units
1
Listing Agency:
J Milo Real Estate
Listed By:
Eileen M Pinto · License #10301206954
(718) 872-9300
Source:
Connieprofaci
Added: Oct 10
Changed: Oct 25
Last Checked: Oct 26 at 3:39AM
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 J Milo Real Estate
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Investment Insights
Based on property information with market context.
This 1925 duplex contains 1,595 square feet and is configured as a four-bedroom, two-bath residence currently used as a single-family home. The first floor includes a bedroom and full bath, while three additional bedrooms and a three-quarter bath are upstairs. A spacious eat-in kitchen, separate living and dining rooms, attic storage, and a partially finished basement round out the interior. Original hardwood floors and a detached garage are also present.
The property occupies a 60-by-103-foot corner lot in Westerleigh and is zoned R3X. Shopping, public transportation, parks, and restaurants are nearby, with access to Highway 278 described as minutes away.
The property occupies a 60-by-103-foot corner lot in Westerleigh and is zoned R3X. Shopping, public transportation, parks, and restaurants are nearby, with access to Highway 278 described as minutes away.
Key Highlights
- Legal two‑family property used as a single‑family residence
- 1,595‑square‑foot home with 4 bedrooms and 2 baths
- 60' x 103' corner lot in Westerleigh
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,503
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$870,060
$870.1K
Cap Rate 7%
$621,471
$621.5K
Cap Rate 9%
$483,367
$483.4K
Market Conditions
NOI Build-Up for 1,595 SF
Gross rent
$65.1K $40.80/SF
− Vacancy
−$2.9K −$1.84/SF
EGI
$62.1K $38.96/SF
− OpEx
−$18.6K −$11.69/SF
NOI
$43.5K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$870,060
Cap Rate 7%
$621,471
Cap Rate 9%
$483,367
Alternative Uses
Best Use
Multifamily LT 5
$621.5K
$543.8K – $725.1K
NOI $43,503 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$576.3K
$504.2K – $672.3K
NOI $40,339 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$761.0K
$665.9K – $887.9K
NOI $53,273 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Legal two-family residence currently arranged for single-family use, with a detached garage and partially finished basement.
Where is this duplex located?
The property is located at 278 Caswell Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $849,888.
What are key features of this property?
This property features: Legal two‑family property used as a single‑family residence; 1,595‑square‑foot home with 4 bedrooms and 2 baths; 60' x 103' corner lot in Westerleigh
