Duplex With Heated
For Sale
$1,989,999
Pending
361 Arbutus Ave, Staten Island, NY 10312
Two-family property with finished basement, outdoor kitchen, and a renovated one-bedroom apartment.
Property Size4,032 SF
Days on Market141
Property Features for 361 Arbutus Ave
General Information
Standard status
Pending
Size
4,032 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
heated inground pool
outdoor kitchen
BBQ
patio
outdoor bathroom
fireplace
Building Details
Year Built
1997
Buildings
1
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Nicole Molinini · License #40MO1063271
(718) 987-7900
Source:
Statenislandhomelistings
Added: May 31
Changed: Oct 1
Last Checked: Oct 16 at 9:04AM
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 Robert DeFalco Realty, Inc.
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Investment Insights
Based on property information with market context.
Built in 1997, this duplex includes a two-story entry foyer, circular staircase, formal living and dining rooms, and an eat-in kitchen with island and breakfast nook. The kitchen opens to a family room with fireplace, while the finished basement provides an additional kitchen, 3/4 bath, living area, and direct yard access.
Outdoor improvements include a heated inground pool, patio, outdoor kitchen with BBQ, freezer, ice maker, and refrigerator, plus an exterior bathroom. The second floor contains a primary suite with a five-piece bath and three additional bedrooms, including one converted to a primary walk-in closet. A newly renovated one-bedroom apartment is also located on the second floor. The property includes a large two-car garage and is located at 361 Arbutus Ave in Staten Island, NY 10312.
Outdoor improvements include a heated inground pool, patio, outdoor kitchen with BBQ, freezer, ice maker, and refrigerator, plus an exterior bathroom. The second floor contains a primary suite with a five-piece bath and three additional bedrooms, including one converted to a primary walk-in closet. A newly renovated one-bedroom apartment is also located on the second floor. The property includes a large two-car garage and is located at 361 Arbutus Ave in Staten Island, NY 10312.
Key Highlights
- Two‑family duplex built in 1997
- Heated inground pool with patio and outdoor bathroom
- Outdoor kitchen with BBQ, freezer, ice maker, and refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,634
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,992,680
$2.0M
Cap Rate 7%
$1,423,343
$1.4M
Cap Rate 9%
$1,107,044
$1.1M
Market Conditions
NOI Build-Up for 4,032 SF
Gross rent
$154.8K $38.40/SF
− Vacancy
−$12.5K −$3.10/SF
EGI
$142.3K $35.30/SF
− OpEx
−$42.7K −$10.59/SF
NOI
$99.6K $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%
$1,992,680
Cap Rate 7%
$1,423,343
Cap Rate 9%
$1,107,044
Alternative Uses
Best Use
Multifamily LT 5
$1.42M
$1.25M – $1.66M
NOI $99,634 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$1.25M
$1.10M – $1.46M
NOI $87,657 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,670 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with finished basement, outdoor kitchen, and a renovated one-bedroom apartment.
Where is this duplex located?
The property is located at 361 Arbutus Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,989,999.
What are key features of this property?
This property features: Two‑family duplex built in 1997; Heated inground pool with patio and outdoor bathroom; Outdoor kitchen with BBQ, freezer, ice maker, and refrigerator
