Renovated Two-Family Residential
3419 Richmond Avenue Staten Island, NY 10312
For Sale
Contact for pricing
Renovated two-family with multiple finished areas, including a basement with yard access and an attic flex space.
Property Size2,393 SF
Price / SF$355.20
Days on Market29
Property Features for 3419 Richmond Avenue
General Information
- Standard status
- Active
- Size
- 2,393 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1925
Listing Agency:
Truhomes Realty Group
Listed By:
Joseph Rodriguez · License #10491211956
Source:
Crexi
Added: Jun 28
Changed: Jul 10
Last Checked: Jul 25 at 8:51AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
NOI $59,133 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$743.2K
$650.3K – $867.1K
NOI $52,025 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$1.14M
$999.1K – $1.33M
NOI $79,927 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nonnenmacher Francis DDS
Dental Office
Berkins Sandi
Dental Office
Frank Vincent Nonnenmacher
Dental Office
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
