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    New Construction Oversized Two-Family Home Title is generated by Realmo AI

    301 Sharrott Avenue, Staten Island, NY 10309

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    New construction two-family home with finished basements and custom features.

    Type:Multifamily
    Property size:
    2,982 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $435/SF
    Added:
    Mar 23, 2026
    Days on Market:
    109
    Last Refresh:
    Jul 2 at 5:39 am

    Property Features for 301 Sharrott Avenue

    General Information

    Standard status
    Active
    Size
    2,982 SF
    Lot size
    0.11 Acres
    Property subtype
    Multifamily

    Building Details

    Year Built
    2026

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    Barbara Smith

    Listing office Barbara A. Smith

    Listing date Mar 23, 2026

    Source Crexi

    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 Barbara A. Smith

    HighLights

    • New Construction (2026): Modern build.
    • Two Spacious Units (6/6): Ideal for rental income.
    • Finished Basements with Separate Entrances: Adds living space.
    • Three Bathrooms per Unit: Enhanced convenience.
    • Primary Bedroom with 3/4 Bath and Walk‑in Closet: Offers a private retreat.
    • Open Concept Living Spaces: Creates an inviting atmosphere.

    Overview

    This is a new construction, oversized two-family home. Each unit features an open concept layout with a living room, dining combo, and kitchen. Each unit contains 3 bedrooms and 3 baths. The primary bedroom includes a 3/4 bath and a walk-in closet. Each unit also features its own finished basement with a 3/4 bath and a separate entrance. The property, situated on a 40 x 120 lot, includes many custom features and has 3 electric meters. The property contains 2,982 square feet. Gas is available. The finished basement has a separate entrance. It is suitable for a multigenerational family.

    Local 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 $110.9k $37.20
    − Vacancy −$5.0k −$1.67
    EGI $105.9k $35.53
    − OpEx −$31.8k −$10.66
    NOI $74.2k $24.87
    2,982 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.06M
    $927.0K – $1.24M (±1% cap)
    NOI $74,157 @ 7.0% cap · market cap 5.70%
    Second Best
    Apartment 5plus
    $944.7K
    $826.6K – $1.10M (±1% cap)
    NOI $66,129 @ 7.0% cap · market cap 5.09%
    Theoretical Best
    Office A
    $1.42M
    $1.24M – $1.66M (±1% cap)
    NOI $99,599 @ 7.0% cap · market cap 7.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Dental Office Auto Parts Store Big Box & Wholesale Store Furniture & Home Goods Parking Lot & Garage Gym & Fitness Center Storage Facility (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.211665
    Latitude
    40.515941

    FAQs

    What type of property is this?
    Duplex - New construction two-family home with finished basements and custom features.
    Where is this duplex located?
    The property is located at 301 Sharrott Avenue Staten Island, NY.
    What is the asking price?
    The asking price for this property is $1,299,900.
    What are key features of this property?
    This property features: New Construction (2026): Modern build.; Two Spacious Units (6/6): Ideal for rental income.; Finished Basements with Separate Entrances: Adds living space.
    More about this property
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