Two-Unit Duplex with
For Sale
$1,599,000
38 Oswald Pl, Staten Island, NY 10309
A separate two-bedroom apartment has its own laundry, central air conditioning, and an open kitchen layout.
Property Size4,228 SF
Lot Size0.18 Acres
Price / SF$378.19
Days on Market81
Property Features for 38 Oswald Pl
General Information
Standard status
Active
Size
4,228 SF
Total Parking Spaces
1
Lot size
0.18 Acres
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR/2.5BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Sprinkler System
Yes
Amenities
fireplace
deck
balcony
Jacuzzi tub
central air conditioning
laundry
Building Details
Year Built
2013
Buildings
1
Listing Agency:
Re/Max Edge
Listed By:
Xiao Zhu
(718) 612-3088
Source:
Statenislandhomelistings
Added: Jul 24
Changed: Oct 11
Last Checked: Oct 11 at 6:33AM
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 Re/Max Edge
Investment Insights
Based on property information with market context.
Built in 2013, this two-family home contains 4,228 square feet of finished living space on a 7,650-square-foot lot. The main residence has formal living and dining rooms, a family room, and an eat-in kitchen with a center island, pantry, and deck access. Upstairs are four bedrooms, including a primary suite with a walk-in closet and private balcony. The lower level adds an entertainment room, laundry and utility areas, a three-quarter bath, and a one-car garage. A separate apartment includes two bedrooms, a full bath, central air conditioning, an open kitchen, and its own laundry.
The property is at 38 Oswald Pl in Staten Island. The Staten Island Mall is a 10-minute drive away; transportation, parks, restaurants, fitness centers, and the named schools PS 3, IS 7, and Tottenville High School are also cited nearby.
The property is at 38 Oswald Pl in Staten Island. The Staten Island Mall is a 10-minute drive away; transportation, parks, restaurants, fitness centers, and the named schools PS 3, IS 7, and Tottenville High School are also cited nearby.
Key Highlights
- 4,228 square feet of finished living space on a 7,650‑square‑foot lot
- Separate apartment with 2 bedrooms, 1 full bath, central air conditioning, and private laundry
- Main residence includes 4 bedrooms, with a primary suite and private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,143
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,102,860
$2.1M
Cap Rate 7%
$1,502,043
$1.5M
Cap Rate 9%
$1,168,256
$1.2M
Market Conditions
NOI Build-Up for 4,228 SF
Gross rent
$157.3K $37.20/SF
− Vacancy
−$7.1K −$1.67/SF
EGI
$150.2K $35.53/SF
− OpEx
−$45.1K −$10.66/SF
NOI
$105.1K $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%
$2,102,860
Cap Rate 7%
$1,502,043
Cap Rate 9%
$1,168,256
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,143 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$1.34M
$1.17M – $1.56M
NOI $93,760 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$2.02M
$1.77M – $2.35M
NOI $141,216 @ 7.0% cap · market cap 8.83%
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
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
556
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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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A separate two-bedroom apartment has its own laundry, central air conditioning, and an open kitchen layout.
Where is this duplex located?
The property is located at 38 Oswald Pl Staten Island, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 4,228 square feet of finished living space on a 7,650‑square‑foot lot; Separate apartment with 2 bedrooms, 1 full bath, central air conditioning, and private laundry; Main residence includes 4 bedrooms, with a primary suite and private balcony
