Spacious Two-Family
551 Van Duzer Street Staten Island, NY 10304
For Sale
Contact for pricing
Two-family, four-level home with separate entrances, split-level second unit, and a walk-out lower level with backyard access.
Property Size2,714 SF
Price / SF$282.98
Days on Market50
Property Features for 551 Van Duzer Street
General Information
Standard status
Active
Size
2,714 SF
Property subtype
Multifamily
Building Details
Year Built
2005
Listing Agency:
Martino Realty Group
Listed By:
Joseph Scuteri · License #40SC1091719
Source:
Crexi
Added: Jun 8
Changed: Jul 23
Last Checked: Jul 24 at 4:48PM
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 Martino Realty Group
Investment Insights
Based on property information with market context.
This spacious two-family, four-level residence offers more than 2,700 square feet of living space with two distinct units. The main unit spans four levels and includes a large living room, formal dining room, eat-in kitchen, and a half bath. Upstairs, it features 3+ bedrooms, ample closet space, and two full baths, and the attic includes high ceilings with potential for additional living space. The walk-out lower level includes a split basement and sub-basement with backyard access.
The second unit has a private side entrance and split-level layout. Its upper floor includes a living and dining area, eat-in kitchen, and a full bath, while the lower level provides three bedrooms.
Additional property features include a three-car driveway. The property is currently tenant occupied and positioned just minutes from express buses, the Staten Island Ferry, and the Verrazano Bridge.
The second unit has a private side entrance and split-level layout. Its upper floor includes a living and dining area, eat-in kitchen, and a full bath, while the lower level provides three bedrooms.
Additional property features include a three-car driveway. The property is currently tenant occupied and positioned just minutes from express buses, the Staten Island Ferry, and the Verrazano Bridge.
Key Highlights
- Two‑family, four‑level home built in 2005 with over 2,700 SF of living space
- Main unit spans four levels with a large living room, formal dining room, eat‑in kitchen, and a half bath
- Main unit includes 3+ bedrooms and two full baths; attic has high ceilings and potential for additional living space
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.2k | $38.40 |
| − Vacancy | −$8.4k | −$3.10 |
| EGI | $95.8k | $35.30 |
| − OpEx | −$28.7k | −$10.59 |
| NOI | $67.1k | $24.71 |
2,714 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$958.1K
$838.3K – $1.12M
NOI $67,065 @ 7.0% cap · market cap 8.73%
Second Best
Apartment 5plus
$878.0K
$768.3K – $1.02M
NOI $61,462 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,648 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-family, four-level home with separate entrances, split-level second unit, and a walk-out lower level with backyard access.
Where is this duplex located?
The property is located at 551 Van Duzer Street Staten Island, NY.
What is the asking price?
The asking price for this property is $768,000.
What are key features of this property?
This property features: Two‑family, four‑level home built in 2005 with over 2,700 SF of living space; Main unit spans four levels with a large living room, formal dining room, eat‑in kitchen, and a half bath; Main unit includes 3+ bedrooms and two full baths; attic has high ceilings and potential for additional living space
