Two-Family Residential Income
361 Arbutus Avenue Staten Island, NY 10312
New
361 Arbutus Avenue, Staten Island, NY, 10312
$1,989,999
For Sale
$1,989,999
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size4,032 SF
Lot Size0.31 Acres
Price / SF$493.55
Days on Market2
Property Features for 361 Arbutus Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3-2
- Bedrooms
- 4
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 6, Bathroom 5, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
- Parking features
- Carport, Driveway
- Patio and Porch features
- Patio
- Pool private
- 1
- Interior features
- Walk-In Closet(s)
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 4,032 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Annual Amount
- 15688
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1997
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick, Stone, Vinyl Siding
- Architectural style
- Colonial
Listing Agency
Robert DeFalco Realty, Inc.
(718) 987-7900
1678 Hylan Blvd., STATEN ISLAND, NY
Listed by
Nicole Molinini · License #40MO1063271
(718) 987-7900
Added: Jul 20 Checked: Jul 21 at 3:06 am
MLS# 2604086
Listing URL
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A beautiful, well maintained two-family residence featuring a dramatic two-story foyer with circular stairs. The main level includes an estate-sized formal living room and formal dining room, along with a large eat-in kitchen with an island and breakfast nook that overlooks a family room with a fireplace. A door leads to a country club-style yard with a heated inground pool, outdoor kitchen with BBQ, freezer, ice, and refrigerator, a large patio, and an outdoor bathroom. The second floor offers a primary suite with a 5-piece bath plus three additional bedrooms, with one bedroom converted to a primary walk-in closet. The full finished basement adds additional living space with a kitchen, a 3/4 bath, and a door to the yard. There is a large two-car garage.
Located in the heart of SE Annadale at 361 Arbutus Avenue, Staten Island, NY 10312. The property is zoned R3-2.
In addition to the main home layout, the second floor includes a newly renovated one-bedroom apartment.
Located in the heart of SE Annadale at 361 Arbutus Avenue, Staten Island, NY 10312. The property is zoned R3-2.
In addition to the main home layout, the second floor includes a newly renovated one-bedroom apartment.
Key Highlights
- Two‑family Colonial built in 1997 with approximately 6,048 sq ft of living space and a full finished basement
- Heated inground private pool with outdoor kitchen (BBQ, freezer, ice, and fridge), large patio, and outdoor bathroom
- Second‑floor primary suite with 5‑piece bath plus multiple bedrooms; one bedroom converted to primary walk‑in closet (WIC)
Local 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 | $154.8k | $38.40 |
| − Vacancy | −$12.5k | −$3.10 |
| EGI | $142.3k | $35.30 |
| − OpEx | −$42.7k | −$10.59 |
| NOI | $99.6k | $24.71 |
4,032 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with a full finished basement, newly renovated second-floor one-bedroom unit, and heated inground pool.
Where is this duplex located?
The property is located at 361 Arbutus Avenue 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 Colonial built in 1997 with approximately 6,048 sq ft of living space and a full finished basement; Heated inground private pool with outdoor kitchen (BBQ, freezer, ice, and fridge), large patio, and outdoor bathroom; Second‑floor primary suite with 5‑piece bath plus multiple bedrooms; one bedroom converted to primary walk‑in closet (WIC)
