Custom Duplex with Heated
For Sale
$1,490,000
Pending
365 Albourne Ave, Staten Island, NY 10309
Two-family property with a separate apartment and heated saltwater pool.
Property Size3,200 SF
Days on Market111
Property Features for 365 Albourne Ave
General Information
Standard status
Pending
Size
3,200 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR, 1 x 1BR
Multifamily Units
2
Additional Details
Sprinkler System
Yes
Amenities
pool
hot tub
covered dining area
gas fireplace
finished basement
central air
radiant heat
Lutron dimming system
gas hookup for BBQ
Building Details
Year Built
2001
Buildings
1
Construction
colonial
Listing Agency:
Master Associates Inc.
Listed By:
Ann Coppola
(917) 374-6849
Source:
Statenislandhomelistings
Added: Jul 9
Changed: Oct 27
Last Checked: Oct 26 at 4:26PM
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 Master Associates Inc.
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Investment Insights
Based on property information with market context.
Built in 2001, this two-family property combines a primary residence with a separately accessed one-bedroom apartment. The main home includes four bedrooms and four baths, formal living and dining rooms, a family room with gas fireplace, and a large eat-in kitchen with Neff cabinetry, two ovens, stainless appliances, granite counters, and tile flooring. A finished basement adds recreation space, a three-quarter bath, utility areas, and direct yard access.
Outdoor features include a 14 x 28 heated in-ground saltwater pool, hot tub, covered dining area, patio, and manicured yard. The apartment has its own living room, kitchen, bedroom, full bath, washer/dryer, central air, and separate utilities. Additional building systems include 400 AMP electrical service, six heating zones in the main apartment, radiant tile heat, baseboard hot-water heat, a sprinkler system, and a gas BBQ hookup. The property is located at 365 Albourne Ave in Staten Island, NY 10309.
Outdoor features include a 14 x 28 heated in-ground saltwater pool, hot tub, covered dining area, patio, and manicured yard. The apartment has its own living room, kitchen, bedroom, full bath, washer/dryer, central air, and separate utilities. Additional building systems include 400 AMP electrical service, six heating zones in the main apartment, radiant tile heat, baseboard hot-water heat, a sprinkler system, and a gas BBQ hookup. The property is located at 365 Albourne Ave in Staten Island, NY 10309.
Key Highlights
- Two‑family property with a separate one‑bedroom apartment and private entrance
- 14 x 28 heated in‑ground saltwater pool with hot tub and covered dining area
- Main residence includes 4 bedrooms and 4 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,578
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,591,560
$1.6M
Cap Rate 7%
$1,136,829
$1.1M
Cap Rate 9%
$884,200
$884.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$119.0K $37.20/SF
− Vacancy
−$5.4K −$1.67/SF
EGI
$113.7K $35.53/SF
− OpEx
−$34.1K −$10.66/SF
NOI
$79.6K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,591,560
Cap Rate 7%
$1,136,829
Cap Rate 9%
$884,200
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$994.7K – $1.33M
NOI $79,578 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$1.01M
$887.0K – $1.18M
NOI $70,963 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,881 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
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Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
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 a separate apartment and heated saltwater pool.
Where is this duplex located?
The property is located at 365 Albourne Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Two‑family property with a separate one‑bedroom apartment and private entrance; 14 x 28 heated in‑ground saltwater pool with hot tub and covered dining area; Main residence includes 4 bedrooms and 4 baths
