Spacious Two-Family Home For
536 Cary Avenue, Staten Island, NY 10310
Legal two-family home with flexible living and investment potential.
Type:Multifamily
Property size:
2,250 SFPrice / SF:
$311/SF- Added:
- Mar 12, 2026
- Days on Market:
- 73
- Last Refresh:
- Mar 19 at 10:58 pm
Property Features for 536 Cary Avenue
General Information
- Standard status
- Active
- Size
- 2,250 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1899
Listing agent Gennady (Gary) Papirov License #NY
Listing office Homes R US Realty Of NY Inc
Listing date Mar 12, 2026
Source Crexi
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
HighLights
- Legal two‑family home offering flexibility for homeowners or investors.
- First‑floor apartment with backyard access and finished basement (includes 3/4 bath and additional rooms).
- Second‑floor three‑bedroom apartment with finished attic (includes two rooms and a 3/4 bath).
- Potential for rental income to offset expenses.
- Generous living space throughout the property.
- Convenient location near transportation, shopping, schools, and amenities.
Overview
The property at 536 Cary Avenue is a legal two-family home, offering flexibility for homeowners and investors. The first floor features a one-bedroom apartment with direct access to the backyard. A finished basement includes a 3/4 bath and additional rooms, providing extra living space. The second floor offers a three-bedroom apartment with a full bath and access to a finished attic. The finished attic contains two additional rooms and another 3/4 bath. The property is suitable for offsetting expenses with rental income or for investors seeking to expand their portfolio. The property size is 2250 square feet. The property is located near transportation, shopping, schools, and local amenities.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$621.7K
NOI $55,953 @ 9.00% cap · cautious / downside scenario
Moderate
$799.3K
NOI $55,953 @ 7.00% cap · market / base-case scenario
Aggressive
$1.12M
NOI $55,953 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.7k | $37.20 |
| − Vacancy | −$3.8k | −$1.67 |
| EGI | $79.9k | $35.53 |
| − OpEx | −$24.0k | −$10.66 |
| NOI | $56.0k | $24.87 |
2,250 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$799.3K
$699.4K – $932.6K
NOI $55,953 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$712.8K
$623.7K – $831.6K
NOI $49,896 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$1.07M
$939.4K – $1.25M
NOI $75,151 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.12111
- Latitude
- 40.631952
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Legal two-family home with flexible living and investment potential.
Where is this duplex located?
The property is located at 536 Cary Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Legal two‑family home offering flexibility for homeowners or investors.; First‑floor apartment with backyard access and finished basement (includes 3/4 bath and additional rooms).; Second‑floor three‑bedroom apartment with finished attic (includes two rooms and a 3/4 bath).
