Fully Detached Two-Family
378 Neal Dow Avenue Staten Island, NY 10314
For Sale
Contact for pricing
Pending
Detached two-family residence with a finished basement in a low-traffic dead-end setting, offering flexible living space.
Property Size2,400 SF
Days on Market61
Property Features for 378 Neal Dow Avenue
General Information
- Standard status
- Pending
- Size
- 2,400 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1930
Listing Agency:
Ken Licata Realty
Listed By:
Patricia Licata · License #10311206019
Source:
Crexi
Added: May 27
Changed: Jul 10
Last Checked: Jul 25 at 8:08AM
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 Ken Licata Realty
Investment Insights
Based on property information with market context.
This fully detached two-family home is set up to support versatile use, including multi-generational living. The property includes a full finished basement, adding additional interior space that can serve both everyday living needs and storage. As a residence designed for two separate households, the overall layout provides practical separation while maintaining the convenience of one detached structure.
Located at the end of a peaceful dead-end street in Westerleigh, the home benefits from a quieter, lower-traffic setting. While tucked away from through-traffic, it remains conveniently connected to local amenities, making it appealing for residents who want a residential feel without being far from everyday needs.
For owner-occupants, the configuration can accommodate separate living arrangements within the same building while keeping access to shared utility infrastructure. For buyers focused on residential income use, the two-family structure and finished basement expansion can support a range of tenant or household setups. The detached format also preserves privacy and helps distinguish the property from shared-building alternatives.
Located at the end of a peaceful dead-end street in Westerleigh, the home benefits from a quieter, lower-traffic setting. While tucked away from through-traffic, it remains conveniently connected to local amenities, making it appealing for residents who want a residential feel without being far from everyday needs.
For owner-occupants, the configuration can accommodate separate living arrangements within the same building while keeping access to shared utility infrastructure. For buyers focused on residential income use, the two-family structure and finished basement expansion can support a range of tenant or household setups. The detached format also preserves privacy and helps distinguish the property from shared-building alternatives.
Key Highlights
- Detached two‑family home (2‑family) built in 1930
- Located at the end of a dead‑end street in Westerleigh
- Fully detached multi‑family layout with flexible living for multiple households
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 | $97.9k | $40.80 |
| − Vacancy | −$4.4k | −$1.84 |
| EGI | $93.5k | $38.96 |
| − OpEx | −$28.1k | −$11.69 |
| NOI | $65.5k | $27.27 |
2,400 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$935.1K
$818.3K – $1.09M
NOI $65,460 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$867.1K
$758.7K – $1.01M
NOI $60,699 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,161 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Detached two-family residence with a finished basement in a low-traffic dead-end setting, offering flexible living space.
Where is this duplex located?
The property is located at 378 Neal Dow Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Detached two‑family home (2‑family) built in 1930; Located at the end of a dead‑end street in Westerleigh; Fully detached multi‑family layout with flexible living for multiple households
