Semi-Detached Duplex with Private
281 Hillman Ave Staten Island, NY 10314
For Sale
Contact for pricing
Semi-detached 3-bedroom duplex with 1.5 baths, semi-finished basement, and a private two-car driveway.
Property Size1,320 SF
Price / SF$571.97
Days on Market63
Property Features for 281 Hillman Ave
General Information
- Standard status
- Active
- Size
- 1,320 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing Agency:
EXIT Realty Professionals
Listed By:
Peter Modena · License #NY
Source:
Crexi
Added: May 25
Changed: Jul 21
Last Checked: Jul 25 at 6:41AM
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 EXIT Realty Professionals
Investment Insights
Based on property information with market context.
Semi-detached duplex built in 1970 offering approximately 1,320 square feet of living space. The main level includes a living room, formal dining room, modern kitchen with granite countertops, dishwasher, and dinette, along with a modern half bathroom and recessed lighting. The second floor features a master bedroom, two additional bedrooms, and a full bathroom. The semi-finished basement includes a bar, laundry area, and additional flexible space.
Outside, the property provides a landscaped front yard and nice paved side and back yard. A private driveway with capacity for two cars supports off-street parking. The home is close to highway access, a house of worship, and shopping.
Outside, the property provides a landscaped front yard and nice paved side and back yard. A private driveway with capacity for two cars supports off-street parking. The home is close to highway access, a house of worship, and shopping.
Key Highlights
- Semi‑detached 3‑bedroom duplex with 1.5 baths and 1,320 sq. ft. of living space
- Built in 1970; includes a semi‑finished basement
- Main level features living room, formal dining room, modern kitchen with granite countertops, and a half bathroom
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 | $53.9k | $40.80 |
| − Vacancy | −$2.4k | −$1.84 |
| EGI | $51.4k | $38.96 |
| − OpEx | −$15.4k | −$11.69 |
| NOI | $36.0k | $27.27 |
1,320 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$514.3K
$450.0K – $600.1K
NOI $36,003 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$476.9K
$417.3K – $556.4K
NOI $33,384 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$629.8K
$551.1K – $734.8K
NOI $44,088 @ 7.0% cap · market cap 5.84%
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 - Semi-detached 3-bedroom duplex with 1.5 baths, semi-finished basement, and a private two-car driveway.
Where is this duplex located?
The property is located at 281 Hillman Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $755,000.
What are key features of this property?
This property features: Semi‑detached 3‑bedroom duplex with 1.5 baths and 1,320 sq. ft. of living space; Built in 1970; includes a semi‑finished basement; Main level features living room, formal dining room, modern kitchen with granite countertops, and a half bathroom
