Two-Family Residential Income
For Sale
$849,900
Pending
53 Erika Loop, Staten Island, NY 10312
Well-maintained two-family home with a 3-bedroom, 3-bath main unit and an oversized 1-bedroom second unit.
Property Size2,285 SF
Days on Market170
Property Features for 53 Erika Loop
General Information
Standard status
Pending
Size
2,285 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2001
Listing Agency:
Homes R Us Realty of NY, Inc.
Listed By:
Gennady Gary Papirov · License #30PA0885250
(917) 856-2012
Source:
Statenislandhomelistings
Added: May 4
Changed: Oct 1
Last Checked: Oct 19 at 6:49AM
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 Homes R Us Realty of NY, Inc.
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Investment Insights
Based on property information with market context.
53 Erika Loop is a spacious, well-maintained two-family residence within a private development. The main unit offers three bedrooms and three bathrooms, along with a 1-car garage, hardwood floors, large windows, and an open-concept layout that’s designed for natural light. The oversized kitchen includes granite countertops and stainless steel appliances.
The ground-level second unit provides an oversized one-bedroom apartment, offering flexible options for rental income or additional living space. The property is conveniently located near schools, transportation, shopping, restaurants, and parks.
With two separate units and a total layout built for comfortable living, this home is positioned as a straightforward owner-occupied or investment two-family asset in the South Shore area of Staten Island.
The ground-level second unit provides an oversized one-bedroom apartment, offering flexible options for rental income or additional living space. The property is conveniently located near schools, transportation, shopping, restaurants, and parks.
With two separate units and a total layout built for comfortable living, this home is positioned as a straightforward owner-occupied or investment two-family asset in the South Shore area of Staten Island.
Key Highlights
- Well‑maintained 2‑family home built in 2001 in a private South Shore development
- Approximately 2,285 SF of living space with a main unit featuring 3 bedrooms, 3 bathrooms, and an open‑concept layout
- Main unit includes hardwood floors, large windows, and a 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,464
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,280
$1.1M
Cap Rate 7%
$806,629
$806.6K
Cap Rate 9%
$627,378
$627.4K
Market Conditions
NOI Build-Up for 2,285 SF
Gross rent
$87.7K $38.40/SF
− Vacancy
−$7.1K −$3.10/SF
EGI
$80.7K $35.30/SF
− OpEx
−$24.2K −$10.59/SF
NOI
$56.5K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,280
Cap Rate 7%
$806,629
Cap Rate 9%
$627,378
Alternative Uses
Best Use
Multifamily LT 5
$806.6K
$705.8K – $941.1K
NOI $56,464 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$709.7K
$621.0K – $828.0K
NOI $49,677 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.09M
$954.0K – $1.27M
NOI $76,320 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
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Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-family home with a 3-bedroom, 3-bath main unit and an oversized 1-bedroom second unit.
Where is this duplex located?
The property is located at 53 Erika Loop Staten Island, NY.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Well‑maintained 2‑family home built in 2001 in a private South Shore development; Approximately 2,285 SF of living space with a main unit featuring 3 bedrooms, 3 bathrooms, and an open‑concept layout; Main unit includes hardwood floors, large windows, and a 1‑car garage
