Side-by-Side Two-Family
420 Kissel Avenue Staten Island, NY 10301
420 Kissel Avenue, Staten Island, NY, 10301
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For Sale
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Well-maintained side-by-side two-family with separate utilities, newer mechanicals, and an additional walk-up attic.
Property Size3,862 SF
Price / SF$310.46
Days on Market39
Property Features for 420 Kissel Avenue
General Information
- Standard status
- Active
- Size
- 3,862 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1930
Listing Agency
AMR Properties
Listed by
AnnMarie Rini · License #31RI0927044
Source
Crexi
Added: Jun 12 Checked: Jul 19 at 9:33 am
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 AMR Properties
Investment Insights
Based on property information with market context.
This side-by-side two-family property offers two separate residences under one colonial-style roof. The main home includes a standout kitchen, hardwood floors, a newer full bath, and a cloakroom with a door to the yard. Key improvements noted include a new central air system, an approximately 8-year-old new roof, and new first-floor windows installed in 2021. The large basement is described as hi and dry with heat and includes space that could be finished, and there is also a full walk-up attic for additional flexibility.
The property features a detached 2-car garage and a 2-car driveway, along with a sprinkler system. The second unit is described as a 3-bedroom, 1-bath duplex with separate utilities, providing convenience for an owner-occupant, an investor, or an extended-family arrangement.
For tenants, buyers, or operators, this layout supports independent living with separate utility setups, while shared grounds and the home’s added spaces (basement and walk-up attic) can help accommodate changing needs. The combination of update history and practical storage and expansion areas may appeal to those seeking a two-family residence with room to adapt over time.
The property features a detached 2-car garage and a 2-car driveway, along with a sprinkler system. The second unit is described as a 3-bedroom, 1-bath duplex with separate utilities, providing convenience for an owner-occupant, an investor, or an extended-family arrangement.
For tenants, buyers, or operators, this layout supports independent living with separate utility setups, while shared grounds and the home’s added spaces (basement and walk-up attic) can help accommodate changing needs. The combination of update history and practical storage and expansion areas may appeal to those seeking a two-family residence with room to adapt over time.
Key Highlights
- Side‑by‑side 2‑family built in 1930 with separate utilities for each unit
- Main house updates include new central air, new roof (approx. 8 yrs), and new windows on the first floor (2021)
- Main house features include standout kitchen, hardwood floors, and a newer full bath
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 | $143.7k | $37.20 |
| − Vacancy | −$6.5k | −$1.67 |
| EGI | $137.2k | $35.53 |
| − OpEx | −$41.2k | −$10.66 |
| NOI | $96.0k | $24.87 |
3,862 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.37M
$1.20M – $1.60M
NOI $96,041 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.43M
NOI $85,644 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,992 @ 7.0% cap · market cap 10.76%
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 - Well-maintained side-by-side two-family with separate utilities, newer mechanicals, and an additional walk-up attic.
Where is this duplex located?
The property is located at 420 Kissel Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Side‑by‑side 2‑family built in 1930 with separate utilities for each unit; Main house updates include new central air, new roof (approx. 8 yrs), and new windows on the first floor (2021); Main house features include standout kitchen, hardwood floors, and a newer full bath
