Two-Family Duplex
38a-38b Holland Avenue Staten Island, NY 10303
For Sale
Contact for pricing
Two fully renovated two-family homes are sold together, totaling four three-bedroom apartments with modern updates.
Property Size3,520 SF
Price / SF$369.32
Days on Market123
Property Features for 38a-38b Holland Avenue
General Information
- Standard status
- Active
- Size
- 3,520 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1931
Listing Agency:
Toscana Property LLC
(212) 652-2323
Listed By:
Antoneta Licollari · License #10401270501
Source:
Crexi
Added: Mar 26
Changed: Jul 22
Last Checked: Jul 24 at 2:26PM
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 Toscana Property LLC
Investment Insights
Based on property information with market context.
This for-sale duplex package includes two fully renovated two-family homes sold together, providing a total of four apartments. Each unit features three bedrooms and one full bathroom, with comfortable layouts, good natural light, and modern updates throughout. The properties are move-in ready and reported to be in excellent condition.
The buildings are on Holland Avenue in Staten Island and are described as being conveniently located near public transportation, shopping, parks, and everyday essentials.
All apartments are currently vacant, offering the flexibility to lease all units to tenants or occupy one residence while arranging rental occupancy for the others.
The buildings are on Holland Avenue in Staten Island and are described as being conveniently located near public transportation, shopping, parks, and everyday essentials.
All apartments are currently vacant, offering the flexibility to lease all units to tenants or occupy one residence while arranging rental occupancy for the others.
Key Highlights
- Year built 1931: two fully renovated two‑family homes sold together
- Total of 4 apartments: each unit offers 3 bedrooms and 1 full bathroom
- All apartments currently vacant for flexible tenanting or owner‑occupancy
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 | $130.9k | $37.20 |
| − Vacancy | −$5.9k | −$1.67 |
| EGI | $125.1k | $35.53 |
| − OpEx | −$37.5k | −$10.66 |
| NOI | $87.5k | $24.87 |
3,520 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.25M
$1.09M – $1.46M
NOI $87,536 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$1.12M
$975.8K – $1.30M
NOI $78,060 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,569 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two fully renovated two-family homes are sold together, totaling four three-bedroom apartments with modern updates.
Where is this duplex located?
The property is located at 38a-38b Holland Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Year built 1931: two fully renovated two‑family homes sold together; Total of 4 apartments: each unit offers 3 bedrooms and 1 full bathroom; All apartments currently vacant for flexible tenanting or owner‑occupancy
