Two-Family Residential
For Sale
$875,000
352 Stewart Ave, Staten Island, NY 10314
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$726.14
Days on Market198
Property Features for 352 Stewart Ave
General Information
Standard status
Active
Size
1,205 SF
Property subtype
Multi-Family
Building Details
Year Built
1955
Listing Agency:
M Holmes Realty Corp.
Listed By:
Makrm Holmes · License #10311208353
Source:
Statenislandhomelistings
Added: Apr 13
Changed: Oct 25
Last Checked: Oct 26 at 4:28PM
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.
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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
Estimated NOI and Cap Rate
NOI / Yr
$32,866
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,320
$657.3K
Cap Rate 7%
$469,514
$469.5K
Cap Rate 9%
$365,178
$365.2K
Market Conditions
NOI Build-Up for 1,205 SF
Gross rent
$49.2K $40.80/SF
− Vacancy
−$2.2K −$1.84/SF
EGI
$47.0K $38.96/SF
− OpEx
−$14.1K −$11.69/SF
NOI
$32.9K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,320
Cap Rate 7%
$469,514
Cap Rate 9%
$365,178
Alternative Uses
Best Use
Multifamily LT 5
$469.5K
$410.8K – $547.8K
NOI $32,866 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$435.4K
$381.0K – $507.9K
NOI $30,476 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$575.0K
$503.1K – $670.8K
NOI $40,247 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
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Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
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 Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $875,000.
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
