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Two-Family Duplex with Finished Basement
For Sale
$799,000
Pending

412 Port Richmond Avenue, Staten Island, NY 10302

Residential Income, Staten Island, NY

Property Size1,632 SF
Lot Size0.13 Acres
Days on Market156

Property Features for 412 Port Richmond Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3A
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 1
Parking features Driveway, Garage, Off Street
Interior features Ceiling Fan(s)
Fencing Chain Link, Fenced
Basement Full, Partially Finished
Lot features Back Yard
Subdivision Port Richmond
Standard status Pending
APN 01094-0049
Size 1,632 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 5345

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas

Amenities

deck
laundry room

Building Details

Year built 1920
Floors in Building 3
Number of units 1
Building materials Aluminum Siding, Brick
Architectural style Colonial
Buildings 1
Listing Agency: Spiegel Realty LLC
Listed By: Sandra Spiegel
Added: May 25 Changed: Oct 25 Last Checked: Oct 27 at 6:06PM
MLS# 2602917

Copyright © 2026 Staten Island Board of Realtors. 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.

Located at 412 Port Richmond Avenue in Staten Island, this 1,632-square-foot two-family residence was built in 1920 and has a Colonial design with aluminum siding and brick construction. The first unit includes a living room, dining room, eat-in kitchen, pantry, deck access, two bedrooms, and a full bathroom. The second unit provides a living room, dining room, three bedrooms, and a full bathroom, along with access to a large stand-up attic currently configured as one room.

A full finished basement adds a kitchen, extra room, laundry room, and bathroom with shower, with a side entrance leading toward the driveway. The property also features Pergo floors, recessed lighting, ceiling fans, hot water heating, natural gas, air conditioning, public sewer, off-street parking, a garage, and fenced chain-link boundaries. The roof is 3 yrs. old, and the parcel contains 0.1274 acres.

Key Highlights

  • Two‑family duplex with 1,632 square feet of property size
  • Two‑bedroom first unit and three‑bedroom second unit
  • Full finished basement with kitchen, extra room, laundry, and bathroom with shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,585
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,700 $811.7K
Cap Rate 7%
$579,786 $579.8K
Cap Rate 9%
$450,944 $450.9K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$60.7K $37.20/SF
− Vacancy
−$2.7K −$1.67/SF
EGI
$58.0K $35.53/SF
− OpEx
−$17.4K −$10.66/SF
NOI
$40.6K $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%
$811,700
Cap Rate 7%
$579,786
Cap Rate 9%
$450,944

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 authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,017
Businesses Nearby

Demographics for 10302, NY

20,931
Population
6,927
Households
3
Avg Household Size
35
Median Age
29%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
17,443
Density / Sq Mi
$76,089
Median Household Income
$43,608
Median Earnings
$1,800
Median Rent
$586,300
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 - R-3A-zoned residence offers separate living areas, a deck, driveway, garage, and public sewer service.
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: Two‑family duplex with 1,632 square feet of property size; Two‑bedroom first unit and three‑bedroom second unit; Full finished basement with kitchen, extra room, laundry, and bathroom with shower
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