Two-Family Brick
For Sale
$1,900,000
370 Albourne Ave, Staten Island, NY 10309
Separate four-bedroom and two-bedroom residences provide distinct living areas within one property.
Property Size5,772 SF
Lot Size0.23 Acres
Price / SF$329.18
Days on Market108
Property Features for 370 Albourne Ave
General Information
Standard status
Active
Size
5,772 SF
Lot size
0.23 Acres
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR, 1 x 2BR
Multifamily Units
2
Amenities
in-ground pool
Building Details
Year Built
1985
Buildings
1
Construction
brick
Listing Agency:
EXP Realty
Listed By:
Victoria Cavicchio · License #10401314032
(718) 524-6673
Source:
Statenislandhomelistings
Added: Jun 27
Changed: Oct 6
Last Checked: Oct 11 at 6:58AM
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 EXP Realty
Investment Insights
Based on property information with market context.
Built in 1985, this 5,772-square-foot duplex has all-brick construction and two residences: a four-bedroom main unit and a separate two-bedroom apartment. The property includes four full bathrooms and one half bath, a finished loft, and a finished walk-out basement. Its 74-by-52-foot building sits on a 108.69-by-92.5-foot lot, with an in-ground pool in the backyard.
The property is at 370 Albourne Ave on Staten Island’s South Shore. Shopping, schools, parks, and transportation are among the nearby amenities.
The property is at 370 Albourne Ave on Staten Island’s South Shore. Shopping, schools, parks, and transportation are among the nearby amenities.
Key Highlights
- Two‑family duplex with a four‑bedroom main unit and separate two‑bedroom apartment
- 5,772 square feet; built in 1985
- Four full bathrooms and one half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,539
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,870,780
$2.9M
Cap Rate 7%
$2,050,557
$2.1M
Cap Rate 9%
$1,594,878
$1.6M
Market Conditions
NOI Build-Up for 5,772 SF
Gross rent
$214.7K $37.20/SF
− Vacancy
−$9.7K −$1.67/SF
EGI
$205.1K $35.53/SF
− OpEx
−$61.5K −$10.66/SF
NOI
$143.5K $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%
$2,870,780
Cap Rate 7%
$2,050,557
Cap Rate 9%
$1,594,878
Alternative Uses
Best Use
Multifamily LT 5
$2.05M
$1.79M – $2.39M
NOI $143,539 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$1.83M
$1.60M – $2.13M
NOI $128,000 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$2.75M
$2.41M – $3.21M
NOI $192,786 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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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 - Separate four-bedroom and two-bedroom residences provide distinct living areas within one property.
Where is this duplex located?
The property is located at 370 Albourne Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Two‑family duplex with a four‑bedroom main unit and separate two‑bedroom apartment; 5,772 square feet; built in 1985; Four full bathrooms and one half bath
