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Two-Family Center Hall Colonial
For Sale
$1,599,000
Pending

35 Serena Ct, Staten Island, NY 10312

2018-built duplex with a separate apartment, premium interior finishes, and extensive outdoor entertaining features.

Property Size4,065 SF
Days on Market75

Property Features for 35 Serena Ct

General Information

Standard status Pending
Size 4,065 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

pool
outdoor kitchen
gazebo
paver patio
gas fireplace
walk-in closet
soaking tub
solar panels

Building Details

Year Built 2018
Construction Center Hall Colonial
Tenancy Multi
Listing Agency: Affinity Realty Group Inc.
Listed By: Vladimir Barman
Source: Statenislandhomelistings
Added: Aug 14 Changed: Oct 25 Last Checked: Oct 26 at 4:17PM

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 Affinity Realty Group Inc.

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Investment Insights

Based on property information with market context.

This 2018-built two-family Center Hall Colonial provides a flexible residential configuration with a primary home and a one-bedroom apartment with interior access. The main residence includes a custom kitchen with quartz countertops, Wolf and Sub-Zero appliances, a center island, formal living and dining rooms, a sunken family room with gas fireplace, radiant heat, hardwood floors, and a laundry room. Upstairs are a primary suite with a walk-in California Closet and large bath, three additional bedrooms, and a floored attic. The basement adds two rooms and substantial closet space.

Outdoor improvements include a saltwater in-ground pool, kitchen, gazebo, paver patio, and mature landscaping. Solar panels, a large lot, and R3-X zoning further define the property’s configuration.

Key Highlights

  • Two‑family Center Hall Colonial with a one‑bedroom apartment and interior access
  • 2018 construction with R3‑X zoning
  • Custom kitchen with quartz counters, Wolf oven, Sub‑Zero refrigerator, wine cooler, and center island

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$100,449
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,008,980 $2.0M
Cap Rate 7%
$1,434,986 $1.4M
Cap Rate 9%
$1,116,100 $1.1M
Market Conditions
NOI Build-Up for 4,065 SF
Gross rent
$156.1K $38.40/SF
− Vacancy
−$12.6K −$3.10/SF
EGI
$143.5K $35.30/SF
− OpEx
−$43.0K −$10.59/SF
NOI
$100.4K $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%
$2,008,980
Cap Rate 7%
$1,434,986
Cap Rate 9%
$1,116,100

Alternative Uses

Best Use
Multifamily LT 5
$1.43M
$1.26M – $1.67M (±1% cap)
NOI $100,449 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,375 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$1.94M
$1.70M – $2.26M (±1% cap)
NOI $135,772 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby

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
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 - 2018-built duplex with a separate apartment, premium interior finishes, and extensive outdoor entertaining features.
Where is this duplex located?
The property is located at 35 Serena Ct Staten Island, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Two‑family Center Hall Colonial with a one‑bedroom apartment and interior access; 2018 construction with R3‑X zoning; Custom kitchen with quartz counters, Wolf oven, Sub‑Zero refrigerator, wine cooler, and center island
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