Detached 2-Unit Duplex with
For Sale
$950,000
65 Van Pelt Avenue, Staten Island, NY 10303
Two separate apartments, finished attic and basement areas, and a detached garage provide a flexible residential configuration.
Property Size2,160 SF
Price / SF$439.81
Days on Market72
Property Features for 65 Van Pelt Avenue
General Information
Standard status
Active
Size
2,160 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R3A
Units
Unit Mix
3 bedrooms, 1.5 bathrooms, 3 bedrooms, 1 bathroom
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,615
Building Details
Building Size
2,160 SF
Year Built
1920
Buildings
1
Units
2
Listing Agency:
Triolo Realty Group, Inc.
(718) 844-5414
Listed By:
Linda Jabr · License #10401282759
(347) 838-1034
Source:
Connieprofaci
Added: Aug 17
Changed: Oct 26
Last Checked: Oct 26 at 4:03PM
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 Triolo Realty Group, Inc.
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Investment Insights
Based on property information with market context.
At 65 Van Pelt Avenue in Staten Island, this detached two-family property contains 2,160 square feet and was built in 1920. The first-floor apartment has three bedrooms and one-and-a-half bathrooms; the second-floor apartment has three bedrooms and one bathroom. A finished attic and finished basement add interior space, and a detached two-car garage is on the property.
The building is zoned R3A. Both apartments are currently rented, and the property may not be delivered vacant. The sale is as-is.
The building is zoned R3A. Both apartments are currently rented, and the property may not be delivered vacant. The sale is as-is.
Key Highlights
- Detached legal two‑family property with 6 bedrooms total
- First‑floor unit: 3 bedrooms and 1.5 bathrooms; second‑floor unit: 3 bedrooms and 1 bathroom
- 2,160 square feet; built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,715
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,300
$1.1M
Cap Rate 7%
$767,357
$767.4K
Cap Rate 9%
$596,833
$596.8K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$80.4K $37.20/SF
− Vacancy
−$3.6K −$1.67/SF
EGI
$76.7K $35.53/SF
− OpEx
−$23.0K −$10.66/SF
NOI
$53.7K $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%
$1,074,300
Cap Rate 7%
$767,357
Cap Rate 9%
$596,833
Alternative Uses
Best Use
Multifamily LT 5
$767.4K
$671.4K – $895.3K
NOI $53,715 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$684.3K
$598.8K – $798.3K
NOI $47,900 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$1.03M
$901.8K – $1.20M
NOI $72,144 @ 7.0% cap · market cap 7.59%
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
838
Businesses Nearby
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Business Placement
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
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 - Two separate apartments, finished attic and basement areas, and a detached garage provide a flexible residential configuration.
Where is this duplex located?
The property is located at 65 Van Pelt Avenue 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: Detached legal two‑family property with 6 bedrooms total; First‑floor unit: 3 bedrooms and 1.5 bathrooms; second‑floor unit: 3 bedrooms and 1 bathroom; 2,160 square feet; built in 1920
