Two-Family Hi-Ranch with
For Sale
$950,000
Pending
612 Arlene St, Staten Island, NY 10314
A street-level three-room apartment and private driveway add flexibility to this Staten Island property.
Property Size2,538 SF
Lot Size0.18 Acres
Days on Market33
Property Features for 612 Arlene St
General Information
Standard status
Pending
Size
2,538 SF
Lot size
0.18 Acres
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
3
Amenities
Florida room
pool
deck
bay windows
oak floors
laundry area
attic
Building Details
Year Built
1970
Buildings
1
Construction
hi-ranch
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Nancy Pezzolla
(917) 860-5961
Source:
Statenislandhomelistings
Added: Sep 10
Changed: Oct 3
Last Checked: Oct 11 at 6:27AM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
This two-family hi-ranch in Staten Island contains 2,538 square feet and dates to 1970. The main residence has three bedrooms, a living room, dining room, eat-in kitchen, and attic storage. A street-level updated three-room apartment provides a separate living arrangement, and the property includes a private driveway.
The 50-by-155-foot parcel has a backyard with a Florida room, pool, and deck. Shopping, restaurants, schools, parks, and transportation—including local and express buses—are minutes away. The Staten Island Mall is also nearby.
The 50-by-155-foot parcel has a backyard with a Florida room, pool, and deck. Shopping, restaurants, schools, parks, and transportation—including local and express buses—are minutes away. The Staten Island Mall is also nearby.
Key Highlights
- Two‑family hi‑ranch with 2,538 square feet
- Updated street‑level three‑room apartment
- 50‑by‑155‑foot property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,223
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,384,460
$1.4M
Cap Rate 7%
$988,900
$988.9K
Cap Rate 9%
$769,144
$769.1K
Market Conditions
NOI Build-Up for 2,538 SF
Gross rent
$103.6K $40.80/SF
− Vacancy
−$4.7K −$1.84/SF
EGI
$98.9K $38.96/SF
− OpEx
−$29.7K −$11.69/SF
NOI
$69.2K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,384,460
Cap Rate 7%
$988,900
Cap Rate 9%
$769,144
Alternative Uses
Best Use
Multifamily LT 5
$988.9K
$865.3K – $1.15M
NOI $69,223 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$917.0K
$802.4K – $1.07M
NOI $64,189 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,770 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
821
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A street-level three-room apartment and private driveway add flexibility to this Staten Island property.
Where is this duplex located?
The property is located at 612 Arlene St Staten Island, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑family hi‑ranch with 2,538 square feet; Updated street‑level three‑room apartment; 50‑by‑155‑foot property
