Vacant Two-Family
For Sale
$699,500
Pending
53 Luke Court, Staten Island, NY 10306
Residential Income, Staten Island, NY
Property Size2,366 SF
Lot Size0.06 Acres
Days on Market49
Property Features for 53 Luke Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1
Parking features
Driveway
Basement
Finished, Full
Lot features
Front Yard, Back Yard
Subdivision
Richmond Town
Standard status
Pending
APN
4478-0221
Size
2,366 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
7234
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
1986
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
Ross Buxbaum · License #40BU1069624
(718) 619-7976
Added: Aug 25
Changed: Oct 10
Last Checked: Oct 12 at 7:06PM
MLS# 2604808
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 1986 Colonial-style duplex contains two separate two-bedroom, one-bathroom units, both currently vacant. The home includes a full finished basement with another bathroom and a side entrance, creating additional space for recreation, an office, extended-family use, or other arrangements subject to required approvals. Natural gas forced-air heat, central air, public sewer service, and a driveway are also included.
The property occupies a 25 x 113 lot totaling 2,825 sq. ft., with 2,366 square feet of property size. It is located at 53 Luke Court in Staten Island and is zoned R3-2. The property is offered in connection with 55 Luke Court as a package.
The property occupies a 25 x 113 lot totaling 2,825 sq. ft., with 2,366 square feet of property size. It is located at 53 Luke Court in Staten Island and is zoned R3-2. The property is offered in connection with 55 Luke Court as a package.
Key Highlights
- Legal two‑family property with two vacant 2‑bedroom, 1‑bathroom units
- Full finished basement with an additional bathroom and side entrance
- 2,825 sq. ft. lot measuring 25 x 113
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,100
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,202,000
$1.2M
Cap Rate 7%
$858,571
$858.6K
Cap Rate 9%
$667,778
$667.8K
Market Conditions
NOI Build-Up for 2,366 SF
Gross rent
$90.9K $38.40/SF
− Vacancy
−$5.0K −$2.11/SF
EGI
$85.9K $36.29/SF
− OpEx
−$25.8K −$10.89/SF
NOI
$60.1K $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%
$1,202,000
Cap Rate 7%
$858,571
Cap Rate 9%
$667,778
Alternative Uses
Best Use
Multifamily LT 5
$858.6K
$751.3K – $1.00M
NOI $60,100 @ 7.0% cap · market cap 8.59%
Second Best
Apartment 5plus
$762.9K
$667.6K – $890.1K
NOI $53,405 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$1.13M
$987.8K – $1.32M
NOI $79,025 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two vacant residential units are complemented by a finished basement with a separate side entrance and additional bathroom.
Where is this duplex located?
The property is located at 53 Luke Court Staten Island, NY.
What is the asking price?
The asking price for this property is $699,500.
What are key features of this property?
This property features: Legal two‑family property with two vacant 2‑bedroom, 1‑bathroom units; Full finished basement with an additional bathroom and side entrance; 2,825 sq. ft. lot measuring 25 x 113
