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    412 Port Richmond Avenue, Staten Island, NY 10302

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    Updated two-family home with separate living areas, a finished basement, and deck access for flexible tenant setups.

    Type:Multifamily
    Property size:
    1,632 SF
    Price / SF:
    $489/SF
    Added:
    May 27, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 6 at 2:54 am

    Property Features for 412 Port Richmond Avenue

    General Information

    Standard status
    Active
    Size
    1,632 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1920

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    Listing Contact
    Sandra Spiegel

    Listing agent Sandra Spiegel License #10491201104

    Listing office Spiegel Realty LLC

    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 Spiegel Realty LLC

    HighLights

    • Updated 2‑family house built in 1920 with separate living areas across the main and upper units
    • Main floor unit features a large living room, dining room, eat‑in kitchen, extra‑large pantry, and access to a deck
    • Upper unit includes a living room, dining room, 3 bedrooms, a full bath, and access to a large stand‑up attic that can be divided
    • Full finished basement offers a kitchen, an extra room, laundry room, and a shower bathroom, plus a side door to the driveway
    • Pergo floors, recessed lighting, ceiling fans, efficient hot water heat, and A/C
    • 3‑year‑old roof

    Overview

    This updated two-family residential property is set up with a main-floor unit and an upstairs unit. The first unit features a large living room, dining room, and an eat-in kitchen with an oversized pantry, plus access to a deck. It also includes two bedrooms and a full bathroom. The upstairs second unit offers a living room, dining room, three bedrooms, a full bath, and access to a large stand-up attic area that is currently configured as one room but can be divided into additional bedrooms.

    The property also includes a fully finished basement with a kitchen, an extra room, a laundry room, and a bathroom with a shower. A side door leads to the driveway, supporting convenient access between indoor and outdoor areas.

    Internally, the home includes features such as Pergo floors, recessed lighting, and ceiling fans, along with efficient hot water heat and AC. The roof is approximately three years old, and the layout provides practical, multi-room living space across both floors and the finished basement for tenants or owner-occupants looking for separate configurations.

    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 $60.7k $37.20
    − Vacancy −$2.7k −$1.67
    EGI $58.0k $35.53
    − OpEx −$17.4k −$10.66
    NOI $40.6k $24.87
    1,632 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $579.8K
    $507.3K – $676.4K (±1% cap)
    NOI $40,585 @ 7.0% cap · market cap 5.08%
    Second Best
    Apartment 5plus
    $517.0K
    $452.4K – $603.2K (±1% cap)
    NOI $36,191 @ 7.0% cap · market cap 4.53%
    Theoretical Best
    Office A
    $778.7K
    $681.4K – $908.5K (±1% cap)
    NOI $54,509 @ 7.0% cap · market cap 6.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    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
    -74.138313
    Latitude
    40.632003

    FAQs

    What type of property is this?
    Duplex - Updated two-family home with separate living areas, a finished basement, and deck access for flexible tenant setups.
    Where is this duplex located?
    The property is located at 412 Port Richmond Avenue Staten Island, NY.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Updated 2‑family house built in 1920 with separate living areas across the main and upper units; Main floor unit features a large living room, dining room, eat‑in kitchen, extra‑large pantry, and access to a deck; Upper unit includes a living room, dining room, 3 bedrooms, a full bath, and access to a large stand‑up attic that can be divided
    More about this property
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