Two-Family Corner Home with
For Sale
Contact for pricing
280 Miles Avenue, Staten Island, NY 10308
Detached two-family residence with a finished basement, screened room, detached garage, and outdoor pool on a corner lot.
Property Size2,256 SF
Price / SF$521.72
Days on Market145
Property Features for 280 Miles Avenue
General Information
Standard status
Active
Size
2,256 SF
Total Parking Spaces
4
Property subtype
Multifamily
Additional Details
Multifamily Units
2
Building Details
Year Built
1965
Listing Agency:
Reliance Realty One
(917) 332-8987
Listed By:
Tsun Ming Lau · License #10301216684
Source:
Crexi
Added: Mar 10
Changed: Jul 21
Last Checked: Jul 24 at 3:58PM
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 Reliance Realty One
Investment Insights
Based on property information with market context.
Detached two-family corner property is move-in ready and configured for multiple living spaces. The main level includes a living/dining area and an updated kitchen. The full, finished basement offers additional functionality with its own kitchen, 3/4 bath, laundry area, and ample storage.
The second-floor apartment features an eat-in kitchen, two bedrooms, and a private screened-in room. Exterior amenities include a detached garage, a yard with an outdoor pool, and a large driveway with parking for up to four cars.
Located near the Great Kills SIR station and local shopping, the property offers convenient access for tenants and guests while maintaining a suburban, detached setting on a spacious corner lot.
The second-floor apartment features an eat-in kitchen, two bedrooms, and a private screened-in room. Exterior amenities include a detached garage, a yard with an outdoor pool, and a large driveway with parking for up to four cars.
Located near the Great Kills SIR station and local shopping, the property offers convenient access for tenants and guests while maintaining a suburban, detached setting on a spacious corner lot.
Key Highlights
- Detached two‑family corner property with 2,256 sq. ft. and a finished full basement
- Main level includes living/dining combo and an updated kitchen with granite countertops
- Basement is fully finished with its own kitchen, 3/4 bath, laundry, and ample storage
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 | $83.9k | $37.20 |
| − Vacancy | −$3.8k | −$1.67 |
| EGI | $80.1k | $35.53 |
| − OpEx | −$24.0k | −$10.66 |
| NOI | $56.1k | $24.87 |
2,256 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$801.5K
$701.3K – $935.1K
NOI $56,103 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$714.7K
$625.4K – $833.8K
NOI $50,029 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$1.08M
$941.9K – $1.26M
NOI $75,351 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
718
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 - Detached two-family residence with a finished basement, screened room, detached garage, and outdoor pool on a corner lot.
Where is this duplex located?
The property is located at 280 Miles Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,177,000.
What are key features of this property?
This property features: Detached two‑family corner property with 2,256 sq. ft. and a finished full basement; Main level includes living/dining combo and an updated kitchen with granite countertops; Basement is fully finished with its own kitchen, 3/4 bath, laundry, and ample storage
