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    Fully Detached Two-Family Home Title is generated by Realmo AI

    378 Neal Dow Avenue, Staten Island, NY 10314

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    Detached two-family residence with a finished basement in a low-traffic dead-end setting, offering flexible living space.

    Type:Multifamily
    Property size:
    2,400 SF
    Price / SF:
    $406/SF
    Added:
    May 27, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 6 at 3:56 am

    Property Features for 378 Neal Dow Avenue

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1930

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    Listing Contact
    Patricia Licata

    Listing agent Patricia Licata License #10311206019

    Listing office Ken Licata Realty

    Listing date May 27, 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 Ken Licata Realty

    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
    • Full finished basement adds additional living and storage space

    Overview

    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.

    Local 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 (±1% cap)
    NOI $65,460 @ 7.0% cap · market cap 6.71%
    Second Best
    Apartment 5plus
    $867.1K
    $758.7K – $1.01M (±1% cap)
    NOI $60,699 @ 7.0% cap · market cap 6.23%
    Theoretical Best
    Office A
    $1.15M
    $1.00M – $1.34M (±1% cap)
    NOI $80,161 @ 7.0% cap · market cap 8.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.136728
    Latitude
    40.614679

    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
    More about this property
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