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Duplex with Detached Garage
For Sale
$1,099,900

522 Arlene St, Staten Island, NY 10314

Flexible duplex configuration includes a four-bedroom main residence, attached two-bedroom apartment, and separate garage with finished upper-level space.

Property Size2,880 SF
Price / SF$381.91
Days on Market36

Property Features for 522 Arlene St

General Information

Standard status Active
Size 2,880 SF
Total Parking Spaces 2
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1970
Listing Agency: JM Properties
Listed By: Tisha Torino
Source: Statenislandhomelistings
Added: Jul 30 Changed: Sep 3 Last Checked: Sep 2 at 6:44PM

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

Investment Insights

Based on property information with market context.

Built in 1970, this duplex offers a four-bedroom, three-bath main residence alongside an attached two-bedroom apartment with a large living room and eat-in kitchen. The primary home includes a foyer, family room, flexible two-room bedroom area, multiple full and half bathrooms, an L-shaped living and dining room, an oversized eat-in kitchen, and a primary suite with deck access. Sliding doors connect interior spaces to the backyard and private outdoor areas.

The property occupies an oversized corner lot at 522 Arlene St in Staten Island’s Bulls Head area. A detached two-car garage adds a finished second story that can serve as office, recreation, studio, gym, or storage space. The layout also provides direct access between the main residence and apartment, allowing the spaces to function together or separately.

Key Highlights

  • 2,880‑square‑foot duplex at 522 Arlene St, Staten Island, NY 10314
  • Four‑bedroom, three‑bath main residence
  • Attached two‑bedroom apartment with large living room and eat‑in kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,551
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.14%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,571,020 $1.6M
Cap Rate 7%
$1,122,157 $1.1M
Cap Rate 9%
$872,789 $872.8K
Market Conditions
NOI Build-Up for 2,880 SF 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.
Gross rent
$117.5K $40.80/SF
− Vacancy
−$5.3K −$1.84/SF
EGI
$112.2K $38.96/SF
− OpEx
−$33.7K −$11.69/SF
NOI
$78.6K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,571,020
Cap Rate 7%
$1,122,157
Cap Rate 9%
$872,789

Alternative Uses

Best Use
Multifamily LT 5
$1.12M
$981.9K – $1.31M (±1% cap)
NOI $78,551 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$1.04M
$910.5K – $1.21M (±1% cap)
NOI $72,839 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $96,193 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Real Estate Agency

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

877
Businesses Nearby

Demographics for 10314, NY

92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value

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 - Flexible duplex configuration includes a four-bedroom main residence, attached two-bedroom apartment, and separate garage with finished upper-level space.
Where is this duplex located?
The property is located at 522 Arlene St Staten Island, NY.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: 2,880‑square‑foot duplex at 522 Arlene St, Staten Island, NY 10314; Four‑bedroom, three‑bath main residence; Attached two‑bedroom apartment with large living room and eat‑in kitchen
More about this property
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