Two-Family Duplex with Detached
For Sale
$599,999
62 Arnold Street, Staten Island, NY 10301
A finished lower level with a separate entrance adds flexibility to the home’s two-family layout.
Property Size1,240 SF
Price / SF$483.87
Days on Market37
Property Features for 62 Arnold Street
General Information
Standard status
Active
Size
1,240 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R3-2
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,354
Amenities
private patio
separate front entrance
washer/dryer
high ceilings
Building Details
Building Size
1,240 SF
Year Built
1950
Buildings
1
Stories
2
Units
2
Listing Agency:
Weichert Realtors Truhomes
(718) 673-8602
Listed By:
Tayla Palase
(646) 465-1990
Source:
Connieprofaci
Added: Sep 21
Changed: Oct 25
Last Checked: Oct 26 at 3:40AM
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 Weichert Realtors Truhomes
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Investment Insights
Based on property information with market context.
This two-family duplex at 62 Arnold Street offers 1,240 square feet of living area, with a living and dining area connected to an eat-in kitchen and half bath. The upper floor has three bedrooms and a full bath. A finished basement adds high ceilings, a third bath, laundry, and a separate front entrance. The property also includes a detached two-car garage and a rear patio.
The patio opens onto trails at Cottages Hill / New Brighton Park, which includes pickleball courts, a playground, and green space. The property is minutes from the Staten Island Ferry, Snug Harbor, the St. George waterfront, bus service, and shopping. Zoning is R3-2.
A two-family certificate of occupancy supports the property’s duplex classification. The current layout is used as a single-family residence, while the approved two-family status provides another configuration option.
The patio opens onto trails at Cottages Hill / New Brighton Park, which includes pickleball courts, a playground, and green space. The property is minutes from the Staten Island Ferry, Snug Harbor, the St. George waterfront, bus service, and shopping. Zoning is R3-2.
A two-family certificate of occupancy supports the property’s duplex classification. The current layout is used as a single-family residence, while the approved two-family status provides another configuration option.
Key Highlights
- Legal two‑family property with a two‑family certificate of occupancy
- 1,240 square feet with three bedrooms and three bathrooms
- Finished basement with high ceilings, laundry, and separate front entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,837
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,740
$616.7K
Cap Rate 7%
$440,529
$440.5K
Cap Rate 9%
$342,633
$342.6K
Market Conditions
NOI Build-Up for 1,240 SF
Gross rent
$46.1K $37.20/SF
− Vacancy
−$2.1K −$1.67/SF
EGI
$44.1K $35.53/SF
− OpEx
−$13.2K −$10.66/SF
NOI
$30.8K $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%
$616,740
Cap Rate 7%
$440,529
Cap Rate 9%
$342,633
Alternative Uses
Best Use
Multifamily LT 5
$440.5K
$385.5K – $514.0K
NOI $30,837 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$392.8K
$343.7K – $458.3K
NOI $27,498 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$591.7K
$517.7K – $690.3K
NOI $41,416 @ 7.0% cap · market cap 6.90%
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
1,025
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
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
Frequently Asked Questions
What type of property is this?
Duplex - A finished lower level with a separate entrance adds flexibility to the home’s two-family layout.
Where is this duplex located?
The property is located at 62 Arnold Street Staten Island, NY.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Legal two‑family property with a two‑family certificate of occupancy; 1,240 square feet with three bedrooms and three bathrooms; Finished basement with high ceilings, laundry, and separate front entrance
