Two-Family Residential Income
555 Van Duzer St., Staten Island, NY 10304
MULTI_FAMILY - Staten Island, NY
Property size:
2,600 SFLot size:
0.07 AcresPrice / SF:
$294/SF- Added:
- Mar 11, 2025
- Days on Market:
- 484
- Last Refresh:
- Jul 7 at 10:06 am
Property Features for 555 Van Duzer St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3
- Standard status
- Active Under Contract
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6572
Utilities
- Heating system
- Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Building materials
- Vinyl Siding
Listing agent Daniel Fausak
Listing office RED DOOR REALTY GROUP 124 Buel Ave, STATEN ISLAND, NY (718) 987-3667
Listing date Mar 11, 2025
MLS# 11448361
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family home built in 2005 with 3‑car driveway and vinyl siding
- Main unit offers large living room, eat‑in kitchen, formal dining room, and half bathroom
- Main unit second floor includes 3 bedrooms, 2 bathrooms, and closet space
- Attic has high ceilings and potential for additional living space
- Lower level includes split basement and sub‑basement with access to the backyard
- Second unit has private side entrance and split‑level layout with living/dining, eat‑in kitchen, half bath, plus 2 bedrooms and full bathroom
Overview
This two-family residential income property features a main unit with a large living room, eat-in kitchen, formal dining room, and a half bathroom. The second floor includes three bedrooms with closet space and two bathrooms, and the attic offers high ceilings with potential for additional living space. A split basement and sub-basement provide access to the backyard.
The second unit is arranged with a private side entrance and a split-level design. It includes a living and dining room, an eat-in kitchen, and a half bath on the upper level. The lower level contains two bedrooms and a full bathroom. The property also includes a three-car driveway.
For buyers seeking an owner-occupied or investment residential asset, the current tenant occupancy and clear two-unit configuration may support straightforward ongoing management. The combination of multiple finished levels, a separate unit entrance, and available attic space for future use can be appealing for tenants and operators looking for functional layouts within a single building.
The second unit is arranged with a private side entrance and a split-level design. It includes a living and dining room, an eat-in kitchen, and a half bath on the upper level. The lower level contains two bedrooms and a full bathroom. The property also includes a three-car driveway.
For buyers seeking an owner-occupied or investment residential asset, the current tenant occupancy and clear two-unit configuration may support straightforward ongoing management. The combination of multiple finished levels, a separate unit entrance, and available attic space for future use can be appealing for tenants and operators looking for functional layouts within a single building.
Local Financial Insights For Apartment 5plus
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 | $117.0k | $45.00 |
| − Vacancy | −$9.9k | −$3.83 |
| EGI | $107.1k | $41.18 |
| − OpEx | −$48.2k | −$18.53 |
| NOI | $58.9k | $22.65 |
2,600 SF · lease $45.00/SF/yr · vacancy 8.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$841.1K
$736.0K – $981.3K
NOI $58,880 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,841 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.083968
- Latitude
- 40.626188
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Tenant-occupied two-family home with split-level second unit and space for expansion in the attic.
Where is this multifamily property located?
The property is located at 555 Van Duzer St. Staten Island, NY.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Two‑family home built in 2005 with 3‑car driveway and vinyl siding; Main unit offers large living room, eat‑in kitchen, formal dining room, and half bathroom; Main unit second floor includes 3 bedrooms, 2 bathrooms, and closet space
