Duplex with Detached
For Sale
$1,668,888
388 Arden Avenue, Staten Island, NY 10312
A newly built two-family residence offers separate three-bedroom living areas and driveway parking.
Property Size4,995 SF
Price / SF$558.53
Days on Market9
Property Features for 388 Arden Avenue
General Information
Standard status
Active
Size
4,995 SF
Property subtype
Residential Income
Zoning
R3X
Units
Unit Mix
1 x 3BR/3BA, 1 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,526
Amenities
3
true
5
6
Front Yard,Back Yard
7048
60 X 118
0.16
Driveway,Detached,Concrete
4995
Building Details
Building Size
4,995 SF
Year Built
2026
Stories
2
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Chia Chen · License #10401317469
(917) 853-8800
Source:
Matiasrealestatenyc
Added: Oct 29
Changed: Nov 4
Last Checked: Nov 5 at 8:59AM
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 Robert DeFalco Realty, Inc.
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Investment Insights
Based on property information with market context.
Built in 2026, this 2,988-square-foot duplex contains two three-bedroom residences. The main home has three bathrooms, while the second-floor apartment includes two bathrooms and attic storage. A detached garage and driveway provide additional vehicle accommodation.
The property occupies a 7,048-square-foot lot measuring 60 by 118 feet and is zoned R3X. Front and back yards are also included.
The property occupies a 7,048-square-foot lot measuring 60 by 118 feet and is zoned R3X. Front and back yards are also included.
Key Highlights
- Two three‑bedroom residences in a 2,988‑square‑foot duplex
- Main residence has 3 bedrooms and 3 bathrooms
- Second‑floor apartment has 3 bedrooms, 2 bathrooms, and attic storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,836
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,476,720
$1.5M
Cap Rate 7%
$1,054,800
$1.1M
Cap Rate 9%
$820,400
$820.4K
Market Conditions
NOI Build-Up for 2,988 SF
Gross rent
$114.7K $38.40/SF
− Vacancy
−$9.3K −$3.10/SF
EGI
$105.5K $35.30/SF
− OpEx
−$31.6K −$10.59/SF
NOI
$73.8K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,476,720
Cap Rate 7%
$1,054,800
Cap Rate 9%
$820,400
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$923.0K – $1.23M
NOI $73,836 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$928.0K
$812.0K – $1.08M
NOI $64,960 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.43M
$1.25M – $1.66M
NOI $99,800 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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
Frequently Asked Questions
What type of property is this?
Duplex - A newly built two-family residence offers separate three-bedroom living areas and driveway parking.
Where is this duplex located?
The property is located at 388 Arden Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,668,888.
What are key features of this property?
This property features: Two three‑bedroom residences in a 2,988‑square‑foot duplex; Main residence has 3 bedrooms and 3 bathrooms; Second‑floor apartment has 3 bedrooms, 2 bathrooms, and attic storage
