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Duplex with Finished Basement
For Sale
$849,999
Pending

35 Ronald Ave, Staten Island, NY 10303

Two-family property with solar panels, a tankless water heater, and outdoor amenities.

Property Size1,584 SF
Days on Market234

Property Features for 35 Ronald Ave

General Information

Standard status Pending
Size 1,584 SF
Property subtype Multi-Family

Building Details

Year Built 2005
Listing Agency: Re/Max Edge
Listed By: Carmelo Ramirez · License #10401346443
Source: Statenislandhomelistings
Added: Mar 1 Changed: Oct 1 Last Checked: Oct 19 at 6:56AM

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 Re/Max Edge

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Investment Insights

Based on property information with market context.

Built in 2005, this two-family property includes a studio rental and a finished basement that provides additional space for extended-family use. Interior and exterior features include solar panels, a tankless water heater, a backyard tiki bar, an above-ground pool, and an outdoor shower. A two-car driveway adds on-site parking.

The property is located at 35 Ronald Ave in Staten Island, with access to the expressway, Brooklyn, and New Jersey. Public transportation and shopping centers are also nearby, supporting convenient daily access for occupants.

Key Highlights

  • Two‑family property with a studio rental
  • Finished basement for extended‑family use
  • Solar panels and tankless water heater

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,391
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,820 $787.8K
Cap Rate 7%
$562,729 $562.7K
Cap Rate 9%
$437,678 $437.7K
Market Conditions
NOI Build-Up for 1,584 SF
Gross rent
$58.9K $37.20/SF
− Vacancy
−$2.7K −$1.67/SF
EGI
$56.3K $35.53/SF
− OpEx
−$16.9K −$10.66/SF
NOI
$39.4K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,820
Cap Rate 7%
$562,729
Cap Rate 9%
$437,678

Alternative Uses

Best Use
Multifamily LT 5
$562.7K
$492.4K – $656.5K (±1% cap)
NOI $39,391 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$501.8K
$439.1K – $585.5K (±1% cap)
NOI $35,127 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$755.8K
$661.3K – $881.8K (±1% cap)
NOI $52,906 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,206
Businesses Nearby

Demographics for 10303, NY

28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
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

Frequently Asked Questions

What type of property is this?
Duplex - Two-family property with solar panels, a tankless water heater, and outdoor amenities.
Where is this duplex located?
The property is located at 35 Ronald Ave 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: Two‑family property with a studio rental; Finished basement for extended‑family use; Solar panels and tankless water heater
More about this property
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