Renovated Two-Family
New
For Sale
$899,999
28 Clinton Pl, Staten Island, NY 10302
Vacant residence includes two separate homes, a finished basement, a detached garage, and private driveway.
Property Size1,992 SF
Lot Size0.11 Acres
Days on Market4
Property Features for 28 Clinton Pl
General Information
Standard status
Active
Size
1,992 SF
Total Parking Spaces
1
Lot size
0.11 Acres
Property subtype
Investment
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$6,160
Building Details
Building Size
1,992 SF
Year Built
1910
Buildings
1
Units
2
Construction
Colonial
Listing Agency:
BERKSHIRE HATHAWAY
Listed By:
Naima N. Suric · License #1010671
(516) 749-2497
Source:
Elliman
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 26 at 4:26PM
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 BERKSHIRE HATHAWAY
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Investment Insights
Based on property information with market context.
This legal two-family Colonial dates to 1910 and has been renovated, with both residences delivered vacant. The first-floor unit offers two bedrooms and one bath; the second residence spans two levels with three bedrooms and one bath. Each home has a new kitchen, gas heat, and washer and gas dryer hookups. The upper unit includes a skylit top floor and dedicated laundry room, while a finished basement has a separate walkout entrance.
The property occupies a 5,000-square-foot lot on Clinton Place in Staten Island. Exterior features include a detached one-car garage, private driveway, and fenced south-facing lawn. The two-family designation has been in place per CO since 1961.
The property occupies a 5,000-square-foot lot on Clinton Place in Staten Island. Exterior features include a detached one-car garage, private driveway, and fenced south-facing lawn. The two-family designation has been in place per CO since 1961.
Key Highlights
- Legal two‑family per CO since 1961
- Two units: one with 2 bedrooms and 1 bath; the other with 3 bedrooms and 1 bath
- 5,000‑square‑foot lot with a fenced south‑facing lawn
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,537
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$990,740
$990.7K
Cap Rate 7%
$707,671
$707.7K
Cap Rate 9%
$550,411
$550.4K
Market Conditions
NOI Build-Up for 1,992 SF
Gross rent
$74.1K $37.20/SF
− Vacancy
−$3.3K −$1.67/SF
EGI
$70.8K $35.53/SF
− OpEx
−$21.2K −$10.66/SF
NOI
$49.5K $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%
$990,740
Cap Rate 7%
$707,671
Cap Rate 9%
$550,411
Alternative Uses
Best Use
Multifamily LT 5
$707.7K
$619.2K – $825.6K
NOI $49,537 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$631.1K
$552.2K – $736.3K
NOI $44,175 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$950.5K
$831.7K – $1.11M
NOI $66,533 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,004
Businesses Nearby
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Business Placement
Demographics for 10302, NY
20,931
Population
6,927
Households
3
Avg Household Size
35
Median Age
29%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
17,443
Density / Sq Mi
$76,089
Median Household Income
$43,608
Median Earnings
$1,800
Median Rent
$586,300
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 - Vacant residence includes two separate homes, a finished basement, a detached garage, and private driveway.
Where is this duplex located?
The property is located at 28 Clinton Pl Staten Island, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Legal two‑family per CO since 1961; Two units: one with 2 bedrooms and 1 bath; the other with 3 bedrooms and 1 bath; 5,000‑square‑foot lot with a fenced south‑facing lawn
