Two-Family Detached
281 Arlene Street Staten Island, NY 10314
For Sale
$1,050,000
Newly renovated two-family detached residence offering four bedrooms, three full baths, and a one-bedroom rental unit.
Property Size2,244 SF
Price / SF$467.91
Days on Market197
Property Features for 281 Arlene Street
General Information
- Standard status
- Active
- Size
- 2,244 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1965
Listing Agency:
Top Choice Realty LLC
(929) 488-3666
Listed By:
Ola Tleis · License #10401350313
(929) 488-3666
Source:
Compass
Added: Jan 10
Changed: Jul 22
Last Checked: Jul 23 at 11:10AM
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 Top Choice Realty LLC
Investment Insights
Based on property information with market context.
This newly renovated two-family detached home offers a total of four bedrooms and three full bathrooms, with modern finishes throughout. The property includes a spacious one-bedroom rental unit designed for flexible occupancy. A bright, open layout supports comfortable day-to-day living, while a paid-off solar system is included for energy savings.
Located at 281 Arlene Street on Staten Island, the property is offered for sale.
With its two-unit configuration and turnkey renovation, this home provides an established structure for owner-occupants seeking an additional rental component.
Located at 281 Arlene Street on Staten Island, the property is offered for sale.
With its two-unit configuration and turnkey renovation, this home provides an established structure for owner-occupants seeking an additional rental component.
Key Highlights
- Newly renovated two‑family detached home with a one‑bedroom rental unit
- 4 bedrooms and 3 full baths total, including 1 full bath and 3/4 main bath
- Central air conditioning with gas forced‑air heat
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 | $91.6k | $40.80 |
| − Vacancy | −$4.1k | −$1.84 |
| EGI | $87.4k | $38.96 |
| − OpEx | −$26.2k | −$11.69 |
| NOI | $61.2k | $27.27 |
2,244 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$874.4K
$765.1K – $1.02M
NOI $61,205 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$810.8K
$709.4K – $945.9K
NOI $56,753 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.07M
$936.9K – $1.25M
NOI $74,950 @ 7.0% cap · market cap 7.14%
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 - Newly renovated two-family detached residence offering four bedrooms, three full baths, and a one-bedroom rental unit.
Where is this duplex located?
The property is located at 281 Arlene Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Newly renovated two‑family detached home with a one‑bedroom rental unit; 4 bedrooms and 3 full baths total, including 1 full bath and 3/4 main bath; Central air conditioning with gas forced‑air heat
