Back to Search
Renovated Single-Family Residence

5 Neutral Avenue Staten Island, NY 10306

5 Neutral Avenue, Staten Island, NY, 10306
$749,000
For Sale
$749,000

SINGLE_FAMILY - Colonial - Staten Island, NY

Property Size1,575 SF
Lot Size0.05 Acres
Price / SF$475.56
Days on Market9

Property Features for 5 Neutral Avenue

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R3X
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bathroom 4
Parking features
Driveway
Basement
Finished, Full
Appliances
Dishwasher, Microwave, Refrigerator
Standard status
Active
Size
1,575 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
4078

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air

Building Details

Year built
2003
Floors in Building
3
Building materials
Vinyl Siding
Architectural style
Colonial
Listing agency Homes R Us Realty of NY, Inc.
Listed by Inna Vayser · License #10401263639
Added: Jul 15 Updated: Jul 22 at 8:33AM Checked: Jul 23 at 5:06AM
MLS# 2603999

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 move-in ready single-family residence has been thoughtfully renovated and offers a modern, updated interior with a stunning kitchen, beautifully updated bathrooms, and brand-new flooring throughout. The home is designed for comfortable everyday living with three spacious bedrooms and three updated bathrooms. A fully finished basement adds additional flexible space for a family room, home office, gym, or potential guest suite.

Outside, the property includes a beautifully manicured backyard, suited for relaxing or entertaining. The home is set in Staten Island with convenient access to nearby beach areas, parks, recreational spaces, and transportation.

With its renovated finishes, functional layout, and outdoor space, this property is positioned for an easy move-in experience.

Key Highlights

  • Renovated home with a modern kitchen, updated bathrooms, and brand‑new flooring throughout
  • 3‑bedroom, 3‑bath layout plus a fully finished basement for extra living space
  • Central air cooling and natural gas forced‑air heating

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 $60.5k $38.40
− Vacancy −$3.3k −$2.11
EGI $57.2k $36.29
− OpEx −$17.1k −$10.89
NOI $40.0k $25.40
1,575 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$571.5K
$500.1K – $666.8K (±1% cap)
NOI $40,008 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$507.9K
$444.4K – $592.5K (±1% cap)
NOI $35,551 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$751.5K
$657.6K – $876.8K (±1% cap)
NOI $52,605 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Building Supply Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Move-in ready home with three bedrooms, three updated bathrooms, a finished basement, and newly updated flooring throughout.
Where is this duplex located?
The property is located at 5 Neutral Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Renovated home with a modern kitchen, updated bathrooms, and brand‑new flooring throughout; 3‑bedroom, 3‑bath layout plus a fully finished basement for extra living space; Central air cooling and natural gas forced‑air heating
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message