Duplex with Detached
For Sale
$799,999
3419 Richmond Avenue, Staten Island, NY 10312
Two separate apartments include finished upper-level flex space and a lower-level connection to the yard.
Property Size2,393 SF
Price / SF$334.31
Days on Market12
Property Features for 3419 Richmond Avenue
General Information
Standard status
Active
Size
2,393 SF
Property subtype
Residential Income
Zoning
R3A
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,966
Amenities
1
true
3
Front Yard,Back Yard
4000
40x100
0.09
Off Street
2393
Building Details
Building Size
2,393 SF
Year Built
1925
Stories
2
Listing Agency:
Weichert Realtors Truhomes
Listed By:
Joseph Rodriguez · License #10491211956
(646) 541-0039
Source:
Matiasrealestatenyc
Added: Oct 26
Changed: Nov 5
Last Checked: Nov 5 at 8:59AM
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 Weichert Realtors Truhomes
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Investment Insights
Based on property information with market context.
This R3A-zoned duplex contains a two-bedroom first-floor apartment and an oversized one-bedroom unit above. The lower residence connects to a finished basement with its own yard entrance; the upper apartment has a finished attic that can serve as flexible space. The property also includes a detached garage and a two-car driveway.
Updates include a new kitchen, new appliances, new concrete, and seven ductless units. Built in 1925, the home is in Staten Island’s Eltingville neighborhood, near schools, shopping, and transportation.
Updates include a new kitchen, new appliances, new concrete, and seven ductless units. Built in 1925, the home is in Staten Island’s Eltingville neighborhood, near schools, shopping, and transportation.
Key Highlights
- Two‑family layout with a two‑bedroom lower apartment and oversized one‑bedroom upper apartment
- Finished basement has a dedicated entrance to the yard
- Finished attic provides additional flexible space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,133
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,182,660
$1.2M
Cap Rate 7%
$844,757
$844.8K
Cap Rate 9%
$657,033
$657.0K
Market Conditions
NOI Build-Up for 2,393 SF
Gross rent
$91.9K $38.40/SF
− Vacancy
−$7.4K −$3.10/SF
EGI
$84.5K $35.30/SF
− OpEx
−$25.3K −$10.59/SF
NOI
$59.1K $24.71/SF
Area
ZIP 10312
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%
$1,182,660
Cap Rate 7%
$844,757
Cap Rate 9%
$657,033
Alternative Uses
Best Use
Multifamily LT 5
$844.8K
$739.2K – $985.6K
NOI $59,133 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$743.2K
$650.3K – $867.1K
NOI $52,025 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$1.14M
$999.1K – $1.33M
NOI $79,927 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
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Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments include finished upper-level flex space and a lower-level connection to the yard.
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 $799,999.
What are key features of this property?
This property features: Two‑family layout with a two‑bedroom lower apartment and oversized one‑bedroom upper apartment; Finished basement has a dedicated entrance to the yard; Finished attic provides additional flexible space
