New Construction Two-Family
For Sale
Contact for pricing
674 Arden Avenue, Staten Island, NY 10312
Luxurious 2-family home with income potential near amenities.
Property Size3,524 SF
Price / SF$388.76
Days on Market209
Property Features for 674 Arden Avenue
General Information
Standard status
Active
Size
3,524 SF
Property subtype
Multifamily
Zoning
R3A
Building Details
Year Built
2025
Stories
2
Units
2
Listing Agency:
Homes R US Realty Of NY Inc
Listed By:
Gennady (Gary) Papirov · License #NY
(917) 856-2012
Source:
Crexi
Added: Mar 17
Changed: Oct 9
Last Checked: Oct 9 at 4:10PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,081
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,741,620
$1.7M
Cap Rate 7%
$1,244,014
$1.2M
Cap Rate 9%
$967,567
$967.6K
Market Conditions
NOI Build-Up for 3,524 SF
Gross rent
$135.3K $38.40/SF
− Vacancy
−$10.9K −$3.10/SF
EGI
$124.4K $35.30/SF
− OpEx
−$37.3K −$10.59/SF
NOI
$87.1K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,741,620
Cap Rate 7%
$1,244,014
Cap Rate 9%
$967,567
Alternative Uses
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 authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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.
