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Corner Duplex with Finished Basement
For Sale
$825,000

41 Ibsen Avenue, Staten Island, NY 10312

Residential, Duplex, Staten Island, NY

Property Size1,884 SF
Lot Size0.11 Acres
Price / SF$437.90
Days on Market102

Property Features for 41 Ibsen Avenue

General Information

Property type Residential
Property subtype Duplex
Zoning R3-1
Bedrooms 3
Bathrooms 3
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
Patio and Porch features Patio
Interior features Central Air, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Refrigerator, Washer
Basement Full, Finished
Subdivision Arden Heights
Standard status Active
Size 1,884 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 7611

Amenities

fenced backyard
deck
above-ground pool
landscaped yards
solar panels

Building Details

Year built 1980
Floors in Building 2
Flooring type Hardwood, Tile, Carpet
Architectural style Other
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Jason Zhou
Added: Jul 10 Changed: Oct 13 Last Checked: Oct 19 at 10:06AM
MLS# 502850

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1980-built duplex occupies a 0.1053-acre corner lot and provides three bedrooms, 2.5 baths, and a finished basement with direct backyard access. The interior includes hardwood, tile, and carpet flooring, central air, an eat-in kitchen with a center island and stainless steel appliances, recessed lighting, and a laundry area with washer and dryer. The property also includes a dishwasher, microwave, and refrigerator.

A wide private driveway accommodates 2 cars in side-by-side parking. Outdoor improvements include a fenced backyard, large deck, above-ground pool, patio, and landscaped front and side yards. The roof is 18 months old, and leased solar panels are installed. R3-1 zoning applies. The property is near parks, shopping, restaurants, schools, local and express buses, the Staten Island Railway, and the Staten Island Expressway.

Key Highlights

  • Duplex on a 0.1053‑acre corner lot
  • Three bedrooms and 2.5 baths
  • Finished basement with direct backyard access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,555
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,100 $931.1K
Cap Rate 7%
$665,071 $665.1K
Cap Rate 9%
$517,278 $517.3K
Market Conditions
NOI Build-Up for 1,884 SF
Gross rent
$72.3K $38.40/SF
− Vacancy
−$5.8K −$3.10/SF
EGI
$66.5K $35.30/SF
− OpEx
−$20.0K −$10.59/SF
NOI
$46.6K $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%
$931,100
Cap Rate 7%
$665,071
Cap Rate 9%
$517,278

Alternative Uses

Best Use
Multifamily LT 5
$665.1K
$581.9K – $775.9K (±1% cap)
NOI $46,555 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$585.1K
$512.0K – $682.7K (±1% cap)
NOI $40,959 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$898.9K
$786.6K – $1.05M (±1% cap)
NOI $62,926 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Maintained duplex with three bedrooms, outdoor amenities, and convenient access to transit, shopping, schools, and major roadways.
Where is this duplex located?
The property is located at 41 Ibsen Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Duplex on a 0.1053‑acre corner lot; Three bedrooms and 2.5 baths; Finished basement with direct backyard access
More about this property
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