Two-Family Residential
352 Stewart Avenue Staten Island, NY 10314
For Sale
Contact for pricing
Two-unit property with a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, plus driveway parking and an on-lot garage.
Property Size1,205 SF
Price / SF$663.90
Days on Market103
Property Features for 352 Stewart Avenue
General Information
- Standard status
- Active
- Size
- 1,205 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1955
Listing Agency:
M Holmes Realty Corp.
Listed By:
Makrm Holmes · License #10311208353
Source:
Crexi
Added: Apr 15
Changed: Jul 22
Last Checked: Jul 25 at 12:38PM
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 M Holmes Realty Corp.
Investment Insights
Based on property information with market context.
This two-family residential income property includes two separate units. The first-floor unit offers 2 bedrooms and 1 bathroom. The second unit provides 1 bedroom and 1 bathroom. The property also includes a garage on the lot, which can support storage or additional vehicle parking.
A driveway on-site can accommodate 8+ cars, providing convenient off-street parking for occupants and guests. The offering is presented as a rare opportunity associated with an oversized lot, creating flexibility for future use.
The home is listed for sale and is structured to support two distinct living spaces within one property.
A driveway on-site can accommodate 8+ cars, providing convenient off-street parking for occupants and guests. The offering is presented as a rare opportunity associated with an oversized lot, creating flexibility for future use.
The home is listed for sale and is structured to support two distinct living spaces within one property.
Key Highlights
- Two‑family home built in 1955 with 2 units
- 1st‑floor unit features 2 bedrooms and 1 bathroom
- 2nd unit features 1 bedroom and 1 bathroom
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 | $49.2k | $40.80 |
| − Vacancy | −$2.2k | −$1.84 |
| EGI | $47.0k | $38.96 |
| − OpEx | −$14.1k | −$11.69 |
| NOI | $32.9k | $27.27 |
1,205 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$469.5K
$410.8K – $547.8K
NOI $32,866 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$435.4K
$381.0K – $507.9K
NOI $30,476 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$575.0K
$503.1K – $670.8K
NOI $40,247 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit property with a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, plus driveway parking and an on-lot garage.
Where is this duplex located?
The property is located at 352 Stewart 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 home built in 1955 with 2 units; 1st‑floor unit features 2 bedrooms and 1 bathroom; 2nd unit features 1 bedroom and 1 bathroom
