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31 Weed Avenue, Staten Island, NY, 10306
Detached Two-Family Residence

31 Weed Avenue Staten Island, NY 10306

For Sale
Contact for pricing

New 2026 construction detached two-family with 3 bedrooms and 2 full baths per unit, plus finished basement with separate entrance.

Property Size2,688 SF
Price / SF$595.20
Days on Market94

Property Features for 31 Weed Avenue

General Information

Standard status
Active
Size
2,688 SF
Property subtype
Multifamily

Building Details

Year Built
2026
Listing Agency: Momentum Real Estate LLC
Listed By: Shan Su · License #10401371251
Source: Crexi
Added: Apr 24 Changed: Jul 22 Last Checked: Jul 25 at 11:22AM

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 Momentum Real Estate LLC


Investment Insights

Based on property information with market context.

New 2026 construction detached two-family home offering two fully self-contained units, each with three bedrooms and two full bathrooms, along with formal living and dining rooms. Both units include eat-in kitchens designed for day-to-day meals and entertaining. The property also features a fully finished basement with a separate entrance, providing flexible space for additional use or supplemental income.

The home includes three electrical meters. Convenient to everyday needs, it is described as being close to schools, parks, shopping, dining, and transportation.

This configuration makes the property straightforward for owner-occupants seeking rental support, as well as for investors evaluating a turnkey residential income asset with separate-unit layout and basement access.

Key Highlights

  • New 2026 construction fully detached 2‑family home in New Dorp, Staten Island
  • Each unit features 3 bedrooms and 2 full bathrooms, plus formal living and dining rooms
  • Eat‑in kitchens with brand‑new appliances in each unit

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 $103.2k $38.40
− Vacancy −$5.7k −$2.11
EGI $97.5k $36.29
− OpEx −$29.3k −$10.89
NOI $68.3k $25.40
2,688 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$975.4K
$853.5K – $1.14M (±1% cap)
NOI $68,280 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$866.8K
$758.4K – $1.01M (±1% cap)
NOI $60,674 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,780 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Storage Facility Barber Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith Hotel & Motel Nursing Home Electrical Service

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

FAQs

What type of property is this?
Duplex - New 2026 construction detached two-family with 3 bedrooms and 2 full baths per unit, plus finished basement with separate entrance.
Where is this duplex located?
The property is located at 31 Weed Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,599,900.
What are key features of this property?
This property features: New 2026 construction fully detached 2‑family home in New Dorp, Staten Island; Each unit features 3 bedrooms and 2 full bathrooms, plus formal living and dining rooms; Eat‑in kitchens with brand‑new appliances in each unit
More about this property
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