Two-Family Cape in
375 Stewart Avenue, Staten Island, NY 10314
Two-family cape with finished basement, pool, and large driveway.
Type:Multifamily
Property size:
1,850 SFLot size:
0.09 AcresPrice / SF:
$540/SF- Added:
- Mar 3, 2026
- Days on Market:
- 79
- Last Refresh:
- Mar 16 at 2:05 pm
Property Features for 375 Stewart Avenue
General Information
- Standard status
- Active
- Size
- 1,850 SF
- Lot size
- 0.09 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1955
Listing agent Louis Berardocco License #31BE0519562
Listing office Dynasty Real Estate, Inc.
Listing date Mar 3, 2026
Source Crexi
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 Dynasty Real Estate, Inc.
HighLights
- Two separate apartments, each featuring 2 bedrooms, living room, eat‑in kitchen, and full bath.
- Full finished basement with 3/4 bath.
- Central air conditioning in each apartment.
- Large yard with a pool for entertaining.
- Very large driveway for ample off‑street parking.
- Delivered vacant, offering immediate occupancy or rental potential.
Overview
Located in the heart of Westerleigh, this two-family cape at 375 Stewart Avenue is situated on a 40x100 lot. The property features a full finished basement with a 3/4 bath. Each apartment includes 2 bedrooms, a living room, an eat-in kitchen, a full bath, and central air. A large yard with a pool is suitable for entertaining, and a very large driveway provides off-street parking. The property size is 1850 square feet. The home will be delivered vacant with 24-hour notice for all appointments.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$560.6K
NOI $50,458 @ 9.00% cap · cautious / downside scenario
Moderate
$720.8K
NOI $50,458 @ 7.00% cap · market / base-case scenario
Aggressive
$1.01M
NOI $50,458 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.5k | $40.80 |
| − Vacancy | −$3.4k | −$1.84 |
| EGI | $72.1k | $38.96 |
| − OpEx | −$21.6k | −$11.69 |
| NOI | $50.5k | $27.27 |
1,850 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$720.8K
$630.7K – $841.0K
NOI $50,458 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$668.4K
$584.9K – $779.8K
NOI $46,789 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$882.7K
$772.4K – $1.03M
NOI $61,790 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.145354
- Latitude
- 40.613012
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-family cape with finished basement, pool, and large driveway.
Where is this duplex located?
The property is located at 375 Stewart Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two separate apartments, each featuring 2 bedrooms, living room, eat‑in kitchen, and full bath.; Full finished basement with 3/4 bath.; Central air conditioning in each apartment.
