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    New Construction Two-Family Home Title is generated by Realmo AI

    674 Arden Avenue, Staten Island, NY 10312

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    Luxurious 2-family home with income potential near amenities.

    Type:Multifamily
    Property size:
    3,524 SF
    Price / SF:
    $388/SF
    Added:
    Mar 17, 2026
    Days on Market:
    115
    Last Refresh:
    Jun 27 at 3:33 am

    Property Features for 674 Arden Avenue

    General Information

    Standard status
    Active
    Size
    3,524 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    2025

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    Gennady (Gary) Papirov

    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.

    Local 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 $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 Uses

    Best Use
    Multifamily LT 5
    $1.24M
    $1.09M – $1.45M (±1% cap)
    NOI $87,081 @ 7.0% cap · market cap 6.36%
    Second Best
    Apartment 5plus
    $1.09M
    $957.7K – $1.28M (±1% cap)
    NOI $76,613 @ 7.0% cap · market cap 5.59%
    Theoretical Best
    Office A
    $1.68M
    $1.47M – $1.96M (±1% cap)
    NOI $117,702 @ 7.0% cap · market cap 8.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Building Supply Parking Lot & Garage Auto Repair Shop Daycare Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.179515
    Latitude
    40.545767

    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.
    More about this property
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