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Ranch-Style Duplex with Finished Basement
For Sale
$1,175,000
Pending

33 Fraser Street, Staten Island, NY 10314

Residential Income, Staten Island, NY

Property Size3,016 SF
Lot Size0.09 Acres
Days on Market74

Property Features for 33 Fraser Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3X
Bedrooms 5
Bathrooms 4
Full bathrooms 2
Rooms Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1
Parking features Garage, Open, Driveway
Fencing Fenced
Basement Full, Finished
Lot features Back Yard
Subdivision New Springville
Standard status Pending
APN 023940027
Size 3,016 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 4046

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Amenities

built-in garage
backyard patio
central air conditioning
finished basement
washer/dryer

Building Details

Year built 1970
Floors in Building 2
Number of units 2
Building materials Stone, Vinyl Siding
Architectural style Ranch
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Maria T Albanesi-Cortese · License #30AL0899365
Added: Jul 29 Changed: Oct 8 Last Checked: Oct 10 at 4:06PM
MLS# 2604282

Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3016-square-foot, two-family ranch property was built in 1970 on 0.0929 acres and is zoned R3X. The primary residence includes a foyer, family room, 3/4 bathroom, living room, dining area, eat-in kitchen with island, three bedrooms, a primary suite with private 3/4 bathroom, and an additional full bathroom. The kitchen was renovated in 2018. Hardwood flooring, central air conditioning, casement windows, and a finished basement with a recreation room, utility area, laundry area, and storage room add to the functional layout.

A separate two-bedroom apartment has its own entrance and driveway, along with a living room, eat-in kitchen, full bathroom, and hardwood floors. The property also includes a built-in garage, open parking, fenced outdoor space, and a backyard patio. Public sewer, forced-air natural-gas heating, and central air conditioning serve the property. The address is 33 Fraser Street in Staten Island, NY 10314, near Staten Island Mall, shopping, restaurants, parks, schools, and local and express transportation.

Key Highlights

  • 3016 square feet on a 0.0929‑acre lot
  • Two‑family layout with a three‑bedroom main residence and separate 2‑bedroom apartment
  • Eat‑in kitchen with island renovated in 2018

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,261
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,645,220 $1.6M
Cap Rate 7%
$1,175,157 $1.2M
Cap Rate 9%
$914,011 $914.0K
Market Conditions
NOI Build-Up for 3,016 SF
Gross rent
$123.1K $40.80/SF
− Vacancy
−$5.5K −$1.84/SF
EGI
$117.5K $38.96/SF
− OpEx
−$35.3K −$11.69/SF
NOI
$82.3K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,645,220
Cap Rate 7%
$1,175,157
Cap Rate 9%
$914,011

Alternative Uses

Best Use
Multifamily LT 5
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,261 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$1.09M
$953.5K – $1.27M (±1% cap)
NOI $76,278 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,735 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Auto Repair Shop Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,060
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family ranch property with a separate apartment, private access, outdoor space, and multiple parking options.
Where is this duplex located?
The property is located at 33 Fraser Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 3016 square feet on a 0.0929‑acre lot; Two‑family layout with a three‑bedroom main residence and separate 2‑bedroom apartment; Eat‑in kitchen with island renovated in 2018
More about this property
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