Building Details

Year Built 2022

Stories 2

Units 2

Listing Agency: Exp Realty, Llc

Listed By: Salvatore Settepani · License #New York Show Phone

Source: Crexi

Added: Mar 24 Changed: Oct 2 Last Checked: Oct 11 at 6:28AM

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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 Exp Realty, Llc

Investment Insights

Based on property information with market context.

This two-unit detached home features modern design and spacious layouts. The newly built residence includes two separate units, each designed with contemporary finishes and open-concept living. Interiors feature sleek lines and high-quality craftsmanship, with sunlight entering through oversized windows. Each unit includes a spacious living and dining area, a modern kitchen with ample cabinetry and premium finishes, and well-proportioned bedrooms. The exterior showcases a sleek, modern façade, complemented by a private entrance, dedicated stairway, and well-maintained landscaping. Additional features include separate utilities. The property is located near major transportation, shopping, and local amenities. The property size is 1980 square feet.

Key Highlights

• Two separate units ideal for rental income or multi‑generational living
• Newly built in 2022 with modern design and high‑quality craftsmanship
• Spacious layouts with open‑concept living and oversized windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$48,927

Cap Rate

3.37%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$978,540 $978.5K

Cap Rate 7%

$698,957 $699.0K

Cap Rate 9%

$543,633 $543.6K

Market Conditions

NOI Build-Up for 1,980 SF

Gross rent

$76.0K $38.40/SF

− Vacancy

−$6.1K −$3.10/SF

EGI

$69.9K $35.30/SF

− OpEx

−$21.0K −$10.59/SF

NOI

$48.9K $24.71/SF

Area

ZIP 10304

Vacancy

8.07%

Lease Rate

$38.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$978,540

Cap Rate 7%

$698,957

Cap Rate 9%

$543,633

Alternative Uses

Best Use

Multifamily LT 5

$699.0K

$611.6K – $815.5K (±1% cap)

NOI $48,927 @ 7.0% cap · market cap 3.37%

Second Best

Apartment 5plus

$640.6K

$560.5K – $747.3K (±1% cap)

NOI $44,840 @ 7.0% cap · market cap 3.09%

Theoretical Best

Office A

$944.7K

$826.7K – $1.10M (±1% cap)

NOI $66,132 @ 7.0% cap · market cap 4.56%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Parking Lot & Garage Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

922

Businesses Nearby

Explore this area Business Placement

Demographics for 10304, NY

46,944

Population

17,524

Households

2.7

Avg Household Size

38

Median Age

31%

College-Educated

84%

High-School Grad

3.5 sq mi

ZIP Area

13,413

Density / Sq Mi

$71,506

Median Household Income

$41,752

Median Earnings

$1,516

Median Rent

$659,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Stunning, newly built two-unit home with modern design and spacious layouts.

Where is this duplex located?

The property is located at 33 Ridgefield Avenue Staten Island, NY.

What is the asking price?

The asking price for this property is $1,450,000.

What are key features of this property?

This property features: Two separate units ideal for rental income or multi‑generational living; Newly built in 2022 with modern design and high‑quality craftsmanship; Spacious layouts with open‑concept living and oversized windows