Detached Duplex with Finished
For Sale
$899,900
50 Clifton Avenue, Staten Island, NY 10305
Two residential units offer flexible layouts, private entrances, outdoor space, and updated mechanical systems.
Property Size1,879 SF
Days on Market107
Property Features for 50 Clifton Avenue
General Information
Standard status
Active
Size
1,879 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$6,770
Building Details
Building Size
1,879 SF
Year Built
1901
Buildings
1
Tenancy
Multi
Listing Agency:
JM Properties
Listed By:
Lesly Thevenot
(917) 701-9376
Source:
Wonicarealtors
Added: Jul 23
Changed: Oct 31
Last Checked: Nov 4 at 7:56PM
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 JM Properties
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Investment Insights
Based on property information with market context.
This detached duplex, built in 1901, includes two residential units with flexible additional space. The first-floor unit features a galley kitchen, three bedrooms, and a full bathroom. Its finished basement has a private entrance, summer kitchen, three-quarter bathroom, and three additional rooms. The second-floor unit also includes a galley kitchen, three bedrooms, and a full bathroom. A walk-up attic adds a three-quarter bathroom and three finished rooms suitable for recreation, hobbies, office use, guest space, or extended living.
Exterior features include a front porch, rear deck, private driveway, and expansive backyard. Recently updated mechanicals include the hot water heater and furnace. The property is located near shopping, schools, houses of worship, and public transportation, with access to the Verrazzano-Narrows Bridge.
Exterior features include a front porch, rear deck, private driveway, and expansive backyard. Recently updated mechanicals include the hot water heater and furnace. The property is located near shopping, schools, houses of worship, and public transportation, with access to the Verrazzano-Narrows Bridge.
Key Highlights
- Detached two‑family property with two three‑bedroom residential units
- Finished basement with private entrance, summer kitchen, three‑quarter bathroom, and three additional rooms
- Walk‑up attic includes a three‑quarter bathroom and three finished rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,334
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,680
$986.7K
Cap Rate 7%
$704,771
$704.8K
Cap Rate 9%
$548,156
$548.2K
Market Conditions
NOI Build-Up for 1,879 SF
Gross rent
$76.7K $40.80/SF
− Vacancy
−$6.2K −$3.29/SF
EGI
$70.5K $37.51/SF
− OpEx
−$21.1K −$11.25/SF
NOI
$49.3K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,680
Cap Rate 7%
$704,771
Cap Rate 9%
$548,156
Alternative Uses
Best Use
Multifamily LT 5
$704.8K
$616.7K – $822.2K
NOI $49,334 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$648.4K
$567.4K – $756.5K
NOI $45,389 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$896.6K
$784.5K – $1.05M
NOI $62,759 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
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Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer flexible layouts, private entrances, outdoor space, and updated mechanical systems.
Where is this duplex located?
The property is located at 50 Clifton Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Detached two‑family property with two three‑bedroom residential units; Finished basement with private entrance, summer kitchen, three‑quarter bathroom, and three additional rooms; Walk‑up attic includes a three‑quarter bathroom and three finished rooms
