Private-Backyard
For Sale
Contact for pricing
306 Buel Avenue, Staten Island, NY 10305
Two separately heated residential units with finished basement space and outdoor entertaining improvements.
Property Size2,340 SF
Lot Size0.11 Acres
Price / SF$571.79
Days on Market266
Property Features for 306 Buel Avenue
General Information
Standard status
Active
Size
2,340 SF
Lot size
0.11 Acres
Property subtype
Multifamily
Zoning
R3-1
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Road Access
Yes
Amenities
split ductless HVAC
backyard
hot tub
outdoor bar
pizza oven
recreation areas
laundry room
landscaped garden
Building Details
Year Built
1965
Buildings
1
Stories
2
Units
2
Listing Agency:
RE/MAX Real Estate Professionals
Listed By:
Emily Hui Chen-Liang · License #New York
(917) 708-9966
Source:
Crexi
Added: Feb 3
Changed: Oct 26
Last Checked: Oct 26 at 3:32PM
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 RE/MAX Real Estate Professionals
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex at 308 Buel Avenue contains two matching residential levels, each arranged with a living room, kitchen, dining area, three bedrooms, and one full bathroom. The property measures 2,340 square feet on an oversized 52×90 lot, with a 26×45 building footprint and separate heating systems for the two units. Four split ductless heating and air-conditioning units provide additional climate control.
A fully finished basement adds two recreation areas, a ¾ bathroom, and a laundry room. The paved rear yard includes an eight-person hot tub, outdoor bar, wood-burning pizza oven, landscaped garden, mature plantings, and surrounding trees. Built in 1965 and zoned R3-1, the property is approximately one minute from Hylan Boulevard, with shopping, transportation, and local amenities nearby.
A fully finished basement adds two recreation areas, a ¾ bathroom, and a laundry room. The paved rear yard includes an eight-person hot tub, outdoor bar, wood-burning pizza oven, landscaped garden, mature plantings, and surrounding trees. Built in 1965 and zoned R3-1, the property is approximately one minute from Hylan Boulevard, with shopping, transportation, and local amenities nearby.
Key Highlights
- Two‑unit duplex with matching layouts: each level has 3 bedrooms and 1 full bathroom
- 2,340 square feet on an oversized 52×90 lot
- 26×45 building footprint with two separate heating systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,437
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,228,740
$1.2M
Cap Rate 7%
$877,671
$877.7K
Cap Rate 9%
$682,633
$682.6K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$95.5K $40.80/SF
− Vacancy
−$7.7K −$3.29/SF
EGI
$87.8K $37.51/SF
− OpEx
−$26.3K −$11.25/SF
NOI
$61.4K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,228,740
Cap Rate 7%
$877,671
Cap Rate 9%
$682,633
Alternative Uses
Best Use
Multifamily LT 5
$877.7K
$768.0K – $1.02M
NOI $61,437 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$807.5K
$706.6K – $942.1K
NOI $56,525 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$1.12M
$977.0K – $1.30M
NOI $78,157 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,525
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately heated residential units with finished basement space and outdoor entertaining improvements.
Where is this duplex located?
The property is located at 306 Buel Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,338,000.
What are key features of this property?
This property features: Two‑unit duplex with matching layouts: each level has 3 bedrooms and 1 full bathroom; 2,340 square feet on an oversized 52×90 lot; 26×45 building footprint with two separate heating systems
