Legal Two-Family Home with
For Sale
Contact for pricing
3295 Victory Boulevard, Staten Island, NY 10314
Legal two-family with three separate units, including balcony apartments and a basement with about 12-foot ceilings.
Property Size3,760 SF
Price / SF$305.85
Days on Market8
Property Features for 3295 Victory Boulevard
General Information
Standard status
Active
Size
3,760 SF
Property subtype
Multifamily
Amenities
private balcony
oversized foyer
full unfinished basement
huge backyard
laundry facilities
private entrances
Building Details
Year Built
1970
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Elite
Listed By:
Kerry Debellis · License #NY #40DE0923741
Source:
Crexi
Added: Jul 26
Changed: Jul 30
Last Checked: Aug 2 at 4:49AM
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 Elite
Investment Insights
Based on property information with market context.
This legal two-family home offers three separate units with private entrances, designed for flexible extended-family living or income generation. The third-floor unit is a 3-bedroom, 2-bath apartment with a private balcony. The second-floor unit is a spacious 3-bedroom, 2-bath apartment with its own balcony, currently vacant and ready for immediate occupancy. The first-floor unit features a 2-bedroom, 1-bath layout.
A large 5-car driveway and garage lead to an oversized foyer, and the home includes a full unfinished basement with approximately 12-foot ceilings. Laundry facilities are located in the basement. A huge backyard is accessible from the side of the home or directly through the first-floor unit.
Built in 1970, the property is near bridges, shopping, and public transportation for convenient day-to-day access. There is also potential to have the third unit legalized as an accessory dwelling, pending an architect’s review.
A large 5-car driveway and garage lead to an oversized foyer, and the home includes a full unfinished basement with approximately 12-foot ceilings. Laundry facilities are located in the basement. A huge backyard is accessible from the side of the home or directly through the first-floor unit.
Built in 1970, the property is near bridges, shopping, and public transportation for convenient day-to-day access. There is also potential to have the third unit legalized as an accessory dwelling, pending an architect’s review.
Key Highlights
- 3,760 SF legal two‑family with three separate units
- Balconies on the second‑floor and third‑floor apartments
- Second‑floor unit currently vacant and ready for immediate occupancy
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 | $153.4k | $40.80 |
| − Vacancy | −$6.9k | −$1.84 |
| EGI | $146.5k | $38.96 |
| − OpEx | −$44.0k | −$11.69 |
| NOI | $102.6k | $27.27 |
3,760 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.47M
$1.28M – $1.71M
NOI $102,553 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$1.36M
$1.19M – $1.58M
NOI $95,095 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,585 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Legal two-family with three separate units, including balcony apartments and a basement with about 12-foot ceilings.
Where is this duplex located?
The property is located at 3295 Victory Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 3,760 SF legal two‑family with three separate units; Balconies on the second‑floor and third‑floor apartments; Second‑floor unit currently vacant and ready for immediate occupancy
