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Two-Family Residence with Finished Basement
For Sale
$1,700,000
Pending

48 Hunter Avenue, Staten Island, NY 10306

Residential Income, Staten Island, NY

Property Size4,500 SF
Lot Size0.09 Acres
Days on Market217

Property Features for 48 Hunter Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3X
Bedrooms 8
Bathrooms 6
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 1, Bathroom 4, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 8, Bathroom 1, Bathroom 7, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 3, Bathroom 5, Bathroom 2
Parking features On Street
Basement Finished, Full
Lot features Back Yard
Subdivision Dongan Hills-Above Hylan
Standard status Pending
APN 03565-0039
Size 4,500 SF
Lot size 0.09 Acres

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Forced Air
Cooling system Central Air

Building Details

Year built 2025
Floors in Building 2
Number of units 2
Building materials Stucco, Vinyl Siding
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Pia Ciccarelli · License #30CI0783539
Added: Mar 10 Changed: Oct 8 Last Checked: Oct 12 at 8:06PM
MLS# 2601221

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.

This R3X-zoned duplex is planned for a 40 x 100 lot at 48 Hunter Avenue in Staten Island. The 25 x 60 building layout provides four bedrooms per floor, along with custom kitchens featuring center islands, hardwood floors, crown molding, and Andersen windows. A primary bedroom with a private bath and dedicated laundry areas add practical separation between household spaces.

The full finished basement includes private entrances and expands the usable configuration. Electric forced-air heating and central air conditioning serve the residence, while public sewer supports the property. Exterior construction combines stucco and vinyl siding, with on-street parking available. The property is located in Richmond County, NY, within ZIP Code 10306.

Key Highlights

  • Two‑family duplex on a 40 x 100 lot
  • R3X zoning with a 25 x 60 building footprint
  • Four bedrooms per floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$114,307
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,286,140 $2.3M
Cap Rate 7%
$1,632,957 $1.6M
Cap Rate 9%
$1,270,078 $1.3M
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$172.8K $38.40/SF
− Vacancy
−$9.5K −$2.11/SF
EGI
$163.3K $36.29/SF
− OpEx
−$49.0K −$10.89/SF
NOI
$114.3K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,286,140
Cap Rate 7%
$1,632,957
Cap Rate 9%
$1,270,078

Alternative Uses

Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.91M (±1% cap)
NOI $114,307 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,574 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,301 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Locksmith Garden Center Hotel & Motel Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,247
Businesses Nearby

Demographics for 10306, NY

57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Newly planned duplex with separate entrances, central air, private laundry, and flexible residential income potential.
Where is this duplex located?
The property is located at 48 Hunter Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two‑family duplex on a 40 x 100 lot; R3X zoning with a 25 x 60 building footprint; Four bedrooms per floor
More about this property
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