Semi-Attached Residential
416 Alter Avenue Staten Island, NY 10305
416 Alter Avenue, Staten Island, NY, 10305
$879,999
Pending
For Sale
$879,999
Pending
SINGLE_FAMILY - Staten Island, NY
Property Size1,800 SF
Lot Size0.05 Acres
Days on Market323
Property Features for 416 Alter Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- R3-1
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2
- Parking features
- Off Street
- Patio and Porch features
- Deck
- Basement
- Full, Finished
- Appliances
- Dishwasher, Microwave
- Standard status
- Pending
- APN
- 03377-0043
- Size
- 1,800 SF
- Lot size
- 0.05 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 3
- Building materials
- Aluminum Siding
Listing agency
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed by
Miroslava Simanovsky · License #40SI0750581
(718) 668-2550
Added: Sep 4, 2025 Updated: Jul 22 at 8:33AM Checked: Jul 23 at 5:06AM
MLS# 2505200
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.
Investment Insights
Based on property information with market context.
Newly constructed semi-attached home offering a living and dining combination, 9-foot ceilings, and hardwood floors throughout. The layout includes 3 bedrooms with 1 full bath, 1 three-quarter bath, and 1 half bath. The kitchen features granite countertops and includes sliders to a yard. Additional living and utility space is provided by a fully finished basement with access to the home and a dedicated laundry area with washer and dryer hook-ups. A driveway provides parking for one car.
The property is located in a walkable area with nearby schools, parks, and shopping, with access to local bus service.
Zoned R3-1, this home is presented as a for-sale residential income asset within Staten Island.
The property is located in a walkable area with nearby schools, parks, and shopping, with access to local bus service.
Zoned R3-1, this home is presented as a for-sale residential income asset within Staten Island.
Key Highlights
- Brand new (2025) semi‑attached home in under construction status
- 3 bedrooms with 3 bathrooms: 1 full bath, 1 3/4 bath, and 1 half bath
- 9‑foot high ceilings and living/dining combo layout
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 | $73.4k | $40.80 |
| − Vacancy | −$5.9k | −$3.29 |
| EGI | $67.5k | $37.51 |
| − OpEx | −$20.3k | −$11.25 |
| NOI | $47.3k | $26.26 |
1,800 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$675.1K
$590.7K – $787.7K
NOI $47,259 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$621.2K
$543.5K – $724.7K
NOI $43,481 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$858.9K
$751.5K – $1.00M
NOI $60,120 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly constructed semi-attached home with 3 bedrooms, multiple baths, hardwood floors, and a finished basement.
Where is this duplex located?
The property is located at 416 Alter Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $879,999.
What are key features of this property?
This property features: Brand new (2025) semi‑attached home in under construction status; 3 bedrooms with 3 bathrooms: 1 full bath, 1 3/4 bath, and 1 half bath; 9‑foot high ceilings and living/dining combo layout
