Colonial Duplex with
For Sale
$1,449,000
587 Ramona Avenue, Staten Island, NY 10309
Residential, Colonial, Staten Island, NY
Property Size3,524 SF
Lot Size0.11 Acres
Price / SF$411.18
Days on Market50
Property Features for 587 Ramona Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3X
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 3
Patio and Porch features
Porch
Interior features
Central Air, Dishwasher, Dryer, Fireplace, Garage Door Opener(s), Laundry Area, Pool, Porch, Refrigerator, Stove, Washer
Fireplace
1
Basement
Partial, Finished
Subdivision
Woodrow
Standard status
Active
Size
3,524 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
12458
Amenities
in-ground swimming pool
on-site laundry
Building Details
Year built
2006
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Granite, Tile
Building materials
Wood Frame
Architectural style
Colonial
Buildings
1
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Ping Chen · License #PC7262
(718) 612-3088
Added: Sep 18
Changed: Oct 29
Last Checked: Nov 6 at 5:06AM
MLS# 504675
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This Colonial duplex, built in 2006, includes a main residence and a separate apartment accessed through its own side entrance. The apartment has a kitchen, living area, an additional room, and private laundry. The main home features a two-story entry foyer, formal living and dining rooms, a family room, and an eat-in kitchen. Four bedrooms are described on the upper level, including a primary suite with two walk-in closets and an en-suite bathroom. A built-in garage, porch, fireplace, and in-ground pool are also part of the property.
The parcel measures 50 by 100 feet and is zoned R3X. Interior finishes include hardwood, tile, and granite flooring; listed appliances include a dishwasher, refrigerator, and stove. Central air and laundry facilities are present.
The parcel measures 50 by 100 feet and is zoned R3X. Interior finishes include hardwood, tile, and granite flooring; listed appliances include a dishwasher, refrigerator, and stove. Central air and laundry facilities are present.
Key Highlights
- Separate apartment with a private side entrance, kitchen, living area, extra room, and laundry
- 50' x 100' lot
- R3X zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,636
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,752,720
$1.8M
Cap Rate 7%
$1,251,943
$1.3M
Cap Rate 9%
$973,733
$973.7K
Market Conditions
NOI Build-Up for 3,524 SF
Gross rent
$131.1K $37.20/SF
− Vacancy
−$5.9K −$1.67/SF
EGI
$125.2K $35.53/SF
− OpEx
−$37.6K −$10.66/SF
NOI
$87.6K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,752,720
Cap Rate 7%
$1,251,943
Cap Rate 9%
$973,733
Alternative Uses
Best Use
Multifamily LT 5
$1.25M
$1.10M – $1.46M
NOI $87,636 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$1.12M
$976.9K – $1.30M
NOI $78,148 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,702 @ 7.0% cap · market cap 8.12%
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
333
Businesses Nearby
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Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate apartment with its own entrance, kitchen, living area, and laundry adds flexibility to the property.
Where is this duplex located?
The property is located at 587 Ramona Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Separate apartment with a private side entrance, kitchen, living area, extra room, and laundry; 50' x 100' lot; R3X zoning
