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Duplex With Legal Studio
For Sale
$888,000
Pending

355 Willowbrook Road, Staten Island, NY 10314

Well-maintained duplex offering a separately metered studio, private parking, flexible lower-level space, and a low-maintenance backyard.

Property Size1,600 SF
Days on Market55

Property Features for 355 Willowbrook Road

General Information

Standard status Pending
Size 1,600 SF
Property subtype Duplex

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,397

Building Details

Building Size 1,600 SF
Year Built 2000
Buildings 1
Listing Agency: Re/Max Edge
Listed By: Lauren Levert · License #10401332108
Source: Wonicarealtors
Added: Sep 4 Changed: Oct 25 Last Checked: Oct 27 at 1:46AM

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.

This well-maintained duplex, built in 2000, combines a 3-bedroom primary residence with a legal studio apartment that is separately metered and generates rental income. The main home features a two-story entry foyer, hardwood floors, recessed lighting, oversized windows, and an open first-floor arrangement connecting the living, dining, and kitchen areas. The kitchen includes stainless steel appliances, a pantry, center island, and backyard access. Upstairs are two bedrooms, a full bathroom, and a primary suite with a 3/4 ensuite bath and three closets.

The lower level provides adaptable space for an office, gym, or recreation room along with a full-sized garage. A double driveway adds parking capacity, while the backyard has pavers installed approximately 3 years ago. The property also includes a brand-new roof and 5-year-old hot water tanks. Access is convenient to I-278, HWY 440, the Verrazzano, Goethals and Bayonne Bridges, Forest Ave, Staten Island Mall, CSI, parks, walking trails, shopping, dining, and major transportation corridors.

Key Highlights

  • Legal studio apartment with separate metering and rental income
  • 3‑bedroom primary residence with a private primary suite and 3/4 ensuite bath
  • Built in 2000 with hardwood floors, oversized windows, and recessed lighting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,640
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,800 $872.8K
Cap Rate 7%
$623,429 $623.4K
Cap Rate 9%
$484,889 $484.9K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$65.3K $40.80/SF
− Vacancy
−$2.9K −$1.84/SF
EGI
$62.3K $38.96/SF
− OpEx
−$18.7K −$11.69/SF
NOI
$43.6K $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%
$872,800
Cap Rate 7%
$623,429
Cap Rate 9%
$484,889

Alternative Uses

Best Use
Multifamily LT 5
$623.4K
$545.5K – $727.3K (±1% cap)
NOI $43,640 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$578.1K
$505.8K – $674.4K (±1% cap)
NOI $40,466 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$763.4K
$668.0K – $890.7K (±1% cap)
NOI $53,440 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

810
Businesses Nearby

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
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 - Well-maintained duplex offering a separately metered studio, private parking, flexible lower-level space, and a low-maintenance backyard.
Where is this duplex located?
The property is located at 355 Willowbrook Road Staten Island, NY.
What is the asking price?
The asking price for this property is $888,000.
What are key features of this property?
This property features: Legal studio apartment with separate metering and rental income; 3‑bedroom primary residence with a private primary suite and 3/4 ensuite bath; Built in 2000 with hardwood floors, oversized windows, and recessed lighting
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