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    Renovated Two-Family Residential Income Title is generated by Realmo AI

    3419 Richmond Avenue, Staten Island, NY 10312

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    Renovated two-family with multiple finished areas, including a basement with yard access and an attic flex space.

    Type:Multifamily
    Property size:
    2,393 SF
    Price / SF:
    $355/SF
    Added:
    Jun 28, 2026
    Days on Market:
    12
    Last Refresh:
    Jul 4 at 2:21 am

    Property Features for 3419 Richmond Avenue

    General Information

    Standard status
    Active
    Size
    2,393 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1925

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    Joseph Rodriguez

    Listing office Truhomes Realty Group

    Listing date Jun 28, 2026

    Source Crexi

    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 Truhomes Realty Group

    HighLights

    • Renovated two‑family home built in 1925 in Eltingville
    • 1st floor offers 2 bedrooms with access to a finished basement that includes a dedicated yard entrance
    • 2nd floor features an oversized 1‑bedroom apartment plus a finished attic for flex space
    • Upgrades include a new kitchen, new appliances, and new concrete
    • Includes 7 ductless units for heating and cooling
    • Ample parking with a 2‑car driveway and detached garage

    Overview

    This renovated two-family residence offers two distinct units with finished interior space throughout. The first floor includes two bedrooms and direct access to a finished basement featuring a dedicated entrance to the yard. The second floor features an oversized one-bedroom apartment, plus a finished attic that can function as a flex space to suit a variety of tenant needs. The property includes substantial upgrades, including new concrete, a new kitchen with new appliances, and seven ductless units. Outside, there is ample parking supported by a two-car driveway and a detached garage.

    3419 Richmond Avenue is described as being conveniently located to schools, shopping, and transportation, supporting practical day-to-day access for residents.

    For buyers seeking an owner-occupied setup or a managed rental arrangement, the layout provides separate living spaces and additional finished areas that can support diversified use within each floor. The combination of updated systems and dedicated outdoor/entry access from the basement adds day-to-day convenience, while the flex space above can help tailor the upper unit to changing tenant requirements.

    Local 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 $91.9k $38.40
    − Vacancy −$7.4k −$3.10
    EGI $84.5k $35.30
    − OpEx −$25.3k −$10.59
    NOI $59.1k $24.71
    2,393 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $844.8K
    $739.2K – $985.6K (±1% cap)
    NOI $59,133 @ 7.0% cap · market cap 6.96%
    Second Best
    Apartment 5plus
    $743.2K
    $650.3K – $867.1K (±1% cap)
    NOI $52,025 @ 7.0% cap · market cap 6.12%
    Theoretical Best
    Office A
    $1.14M
    $999.1K – $1.33M (±1% cap)
    NOI $79,927 @ 7.0% cap · market cap 9.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Nonnenmacher Francis DDS Dental Office Berkins Sandi Dental Office Frank Vincent Nonnenmacher Dental Office

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Restaurant Building Supply Spa & Massage Center Grocery & Convenience Store Hotel & Motel Food Market (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.168236
    Latitude
    40.55505

    FAQs

    What type of property is this?
    Duplex - Renovated two-family with multiple finished areas, including a basement with yard access and an attic flex space.
    Where is this duplex located?
    The property is located at 3419 Richmond Avenue Staten Island, NY.
    What is the asking price?
    The asking price for this property is $849,999.
    What are key features of this property?
    This property features: Renovated two‑family home built in 1925 in Eltingville; 1st floor offers 2 bedrooms with access to a finished basement that includes a dedicated yard entrance; 2nd floor features an oversized 1‑bedroom apartment plus a finished attic for flex space
    More about this property
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