Two-Family Residential Income
615 Jewett Avenue Staten Island, NY 10302
For Sale
Contact for pricing
Pending
Two-family home with a 6-over-6 layout, plus walk-up attic and an unfinished basement for added space.
Property Size2,280 SF
Days on Market262
Property Features for 615 Jewett Avenue
General Information
- Standard status
- Pending
- Size
- 2,280 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1920
Listing Agency:
Revolution Real Estate
Listed By:
Salvatore Taormina · License #000000
Source:
Crexi
Added: Nov 6, 2025
Changed: Jul 22
Last Checked: Jul 23 at 1:23PM
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 Revolution Real Estate
Investment Insights
Based on property information with market context.
This two-family residential income duplex offers a classic 6-over-6 layout and includes both a walk-up attic and an unfinished basement. The property is being sold ready for a full renovation, with the existing configuration providing generous room sizes across both units.
The home is located at 615 Jewett Avenue on Staten Island, NY 10302. It presents a straightforward opportunity for a buyer to renovate and reposition the property as a residence or as a renovated income-producing asset.
The key layout elements include a second-level walk-up attic for additional usable space and a basement that is currently unfinished and can be reimagined for storage or future development.
The home is located at 615 Jewett Avenue on Staten Island, NY 10302. It presents a straightforward opportunity for a buyer to renovate and reposition the property as a residence or as a renovated income-producing asset.
The key layout elements include a second-level walk-up attic for additional usable space and a basement that is currently unfinished and can be reimagined for storage or future development.
Key Highlights
- Two‑family home with a classic 6‑over‑6 layout
- Walk‑up attic adds extra space
- Unfinished basement offers additional storage or future 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 | $84.8k | $37.20 |
| − Vacancy | −$3.8k | −$1.67 |
| EGI | $81.0k | $35.53 |
| − OpEx | −$24.3k | −$10.66 |
| NOI | $56.7k | $24.87 |
2,280 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$810.0K
$708.7K – $945.0K
NOI $56,699 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$722.3K
$632.0K – $842.7K
NOI $50,561 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$1.09M
$951.9K – $1.27M
NOI $76,153 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family home with a 6-over-6 layout, plus walk-up attic and an unfinished basement for added space.
Where is this duplex located?
The property is located at 615 Jewett Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Two‑family home with a classic 6‑over‑6 layout; Walk‑up attic adds extra space; Unfinished basement offers additional storage or future living space
