New Construction Two-Family
674 Arden Avenue, Staten Island, NY 10312
Luxurious 2-family home with income potential near amenities.
Type:Multifamily
Property size:
3,524 SFPrice / SF:
$388/SF- Added:
- Mar 17, 2026
- Days on Market:
- 63
- Last Refresh:
- Mar 19 at 11:56 pm
Property Features for 674 Arden Avenue
General Information
- Standard status
- Active
- Size
- 3,524 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2025
Listing agent Gennady (Gary) Papirov License #NY
Listing office Homes R US Realty Of NY Inc
Listing date Mar 17, 2026
Source Crexi
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 Homes R US Realty Of NY Inc
HighLights
- New construction 2‑family home with multi‑level layout, offering both luxury living and rental income potential.
- Each unit features 3 bedrooms and 3 bathrooms across two stories, providing ample space and privacy.
- Full‑finished basement with separate entrance and electric meter, ready to be filed as an ADU for additional living or income.
- High‑end finishes throughout, including white oak hardwood floors, custom kitchens, and modern bathrooms.
- Detached garage and private yard.
- Convenient location near schools, parks, shopping, restaurants, and public transportation.
Overview
This new construction two-family home at 674 Arden Avenue features a 6/6 style layout. Each unit spans two stories and includes 3 bedrooms and 3 bathrooms. High-end finishes are present throughout, including white oak hardwood floors, custom kitchens with premium cabinetry, and fully-tiled, modern bathrooms. The property includes a full-finished basement with a separate entrance and its own electric meter, ready to be filed as an ADU, creating additional living or income opportunities. A detached garage and private yard are included. The property is conveniently located near schools, parks, shopping, restaurants, and public transportation. The property size is 3524 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$967.6K
NOI $87,081 @ 9.00% cap · cautious / downside scenario
Moderate
$1.24M
NOI $87,081 @ 7.00% cap · market / base-case scenario
Aggressive
$1.74M
NOI $87,081 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.3k | $38.40 |
| − Vacancy | −$10.9k | −$3.10 |
| EGI | $124.4k | $35.30 |
| − OpEx | −$37.3k | −$10.59 |
| NOI | $87.1k | $24.71 |
3,524 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $87,081 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$1.09M
$957.7K – $1.28M
NOI $76,613 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,702 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.179515
- Latitude
- 40.545767
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Luxurious 2-family home with income potential near amenities.
Where is this duplex located?
The property is located at 674 Arden Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,369,999.
What are key features of this property?
This property features: New construction 2‑family home with multi‑level layout, offering both luxury living and rental income potential.; Each unit features 3 bedrooms and 3 bathrooms across two stories, providing ample space and privacy.; Full‑finished basement with separate entrance and electric meter, ready to be filed as an ADU for additional living or income.
