Detached Multi-Unit Income
68 Van Pelt Avenue Staten Island, NY 10303
For Sale
$1,099,999
Detached 6-over-6 income property with an additional above-ground room and attic space.
Property Size3,040 SF
Price / SF$361.84
Days on Market241
Property Features for 68 Van Pelt Avenue
General Information
- Standard status
- Active
- Size
- 3,040 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 2006
Listing Agency:
DiTommaso Real Estate
(917) 613-8742
Listed By:
Aziz Benohod · License #10401271139
(917) 613-8742
Source:
Compass
Added: Nov 27, 2025
Changed: Jul 21
Last Checked: Jul 25 at 11:04AM
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 DiTommaso Real Estate
Investment Insights
Based on property information with market context.
This detached income-producing property is configured as a 6-over-6 with an additional above-ground room and a 3/4 bathroom. The home also features a large attic that offers expansion possibilities, along with generous front, side, and backyard space.
Located at 68 Van Pelt Avenue on Staten Island, the property’s detached layout provides both exterior area and internal flexibility, including the attic and the added room.
For sale as a residential income asset, it presents a straightforward multi-unit configuration with on-site space that may support future adjustments through the attic’s noted expansion potential.
Located at 68 Van Pelt Avenue on Staten Island, the property’s detached layout provides both exterior area and internal flexibility, including the attic and the added room.
For sale as a residential income asset, it presents a straightforward multi-unit configuration with on-site space that may support future adjustments through the attic’s noted expansion potential.
Key Highlights
- Detached 6‑over‑6 income property with an additional above‑ground room and 3/4 bathroom
- Finished full basement
- Central air conditioning and forced‑air gas heat
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 | $113.1k | $37.20 |
| − Vacancy | −$5.1k | −$1.67 |
| EGI | $108.0k | $35.53 |
| − OpEx | −$32.4k | −$10.66 |
| NOI | $75.6k | $24.87 |
3,040 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$945.0K – $1.26M
NOI $75,599 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$963.1K
$842.7K – $1.12M
NOI $67,415 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,537 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Detached 6-over-6 income property with an additional above-ground room and attic space.
Where is this duplex located?
The property is located at 68 Van Pelt Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,099,999.
What are key features of this property?
This property features: Detached 6‑over‑6 income property with an additional above‑ground room and 3/4 bathroom; Finished full basement; Central air conditioning and forced‑air gas heat
