Duplex with In-Ground
For Sale
$1,449,000
587 Ramona Avenue, Staten Island, NY 10309
Center hall layout includes four bedrooms, a separate one-bedroom apartment, built-in garage, and outdoor entertaining space.
Property Size3,018 SF
Lot Size0.11 Acres
Price / SF$480.12
Days on Market37
Property Features for 587 Ramona Avenue
General Information
Standard status
Active
Size
3,018 SF
Lot size
0.11 Acres
Property subtype
Multi-Family
Amenities
custom double iron entry doors
Andersen windows
recessed lighting
in-ground swimming pool
Jacuzzi tub
Building Details
Year Built
2006
Construction
stone-and-stucco
Listing Agency:
RE/MAX Edge
Listed By:
Ping Chen · License #PC7262
(917) 536-3632
Source:
Movetonewjersey
Added: Sep 20
Changed: Oct 26
Last Checked: Oct 26 at 1:19PM
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 RE/MAX Edge
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Investment Insights
Based on property information with market context.
This 2006 duplex property includes approximately 3,018 square feet on a 50' x 100' lot, with a main residence measuring 35' x 45'. The primary living area features a two-story entry foyer, formal living and dining rooms, a family room, eat-in kitchen, powder room, laundry room, four bedrooms, and two full bathrooms. The primary suite includes two walk-in closets and an en-suite bath with a Jacuzzi tub, separate shower, and double vanity. A built-in garage, Andersen windows, hardwood flooring, tiled floors, recessed lighting, and stone-and-stucco exterior further define the property.
The paved backyard includes an in-ground swimming pool and space for outdoor dining and gatherings. A separate apartment has its own side entrance, one bedroom, kitchen, living area, and private laundry room. The property is located near shopping, dining, and transportation in Huguenot.
The paved backyard includes an in-ground swimming pool and space for outdoor dining and gatherings. A separate apartment has its own side entrance, one bedroom, kitchen, living area, and private laundry room. The property is located near shopping, dining, and transportation in Huguenot.
Key Highlights
- Approximately 3,018 square feet on a 50' x 100' lot
- 35' x 45' main residence built in 2006
- Four‑bedroom primary residence with two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,052
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,501,040
$1.5M
Cap Rate 7%
$1,072,171
$1.1M
Cap Rate 9%
$833,911
$833.9K
Market Conditions
NOI Build-Up for 3,018 SF
Gross rent
$112.3K $37.20/SF
− Vacancy
−$5.1K −$1.67/SF
EGI
$107.2K $35.53/SF
− OpEx
−$32.2K −$10.66/SF
NOI
$75.1K $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%
$1,501,040
Cap Rate 7%
$1,072,171
Cap Rate 9%
$833,911
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$938.2K – $1.25M
NOI $75,052 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$956.1K
$836.6K – $1.12M
NOI $66,927 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,802 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
360
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 - Center hall layout includes four bedrooms, a separate one-bedroom apartment, built-in garage, and outdoor entertaining space.
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: Approximately 3,018 square feet on a 50' x 100' lot; 35' x 45' main residence built in 2006; Four‑bedroom primary residence with two full bathrooms
