Two-Family Colonial with
For Sale
$1,989,999
Pending
361 Arbutus Avenue, Staten Island, NY 10312
Residential Income, Staten Island, NY
Property Size4,032 SF
Lot Size0.31 Acres
Days on Market83
Property Features for 361 Arbutus Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
4
Bathrooms
5
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 4, Bathroom 6, Bedroom 2, Bathroom 5, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Parking features
Carport, Driveway
Patio and Porch features
Patio
Pool private
1
Interior features
Walk-In Closet(s)
Basement
Finished, Full
Lot features
Back Yard
Subdivision
S.E. Annadale
Standard status
Pending
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
Amenities
heated inground pool
outdoor kitchen
BBQ
large patio
outdoor bathroom
fireplace
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
Listed By:
Nicole Molinini · License #40MO1063271
(917) 940-9196
Added: Jul 20
Changed: Oct 8
Last Checked: Oct 10 at 11:06AM
MLS# 2604086
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.
This two-family Colonial, built in 1997, combines substantial residential living areas with features suited to extended household use. The main residence includes formal living and dining rooms, a large eat-in kitchen with island and breakfast nook, a family room with fireplace, a primary suite, three additional bedrooms, and a finished basement with its own kitchen, three-quarter bath, and yard access. A one-bedroom apartment on the second floor has been renovated.
Outdoor amenities include a heated in-ground pool, patio, outdoor kitchen with BBQ, freezer, ice maker, refrigerator, and a separate outdoor bathroom. The property also has a two-car garage, driveway, carport, central air, natural-gas hot-water heating, public sewer, and R3-2 zoning. Located on Arbutus Avenue in Staten Island's 10312 ZIP code, the property occupies a 0.3134-acre lot.
Outdoor amenities include a heated in-ground pool, patio, outdoor kitchen with BBQ, freezer, ice maker, refrigerator, and a separate outdoor bathroom. The property also has a two-car garage, driveway, carport, central air, natural-gas hot-water heating, public sewer, and R3-2 zoning. Located on Arbutus Avenue in Staten Island's 10312 ZIP code, the property occupies a 0.3134-acre lot.
Key Highlights
- Two‑family Colonial built in 1997
- Heated private in‑ground pool with patio and outdoor bathroom
- Renovated one‑bedroom second‑floor apartment
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.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - Brick-and-stone Colonial with a private pool, finished basement, outdoor kitchen, and separate one-bedroom apartment.
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; Heated private in‑ground pool with patio and outdoor bathroom; Renovated one‑bedroom second‑floor apartment
