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New Construction Duplex
For Sale
$1,250,000

73 Glover St, Staten Island, NY 10308

Both residential levels have a living room, kitchen, laundry room, and four bedrooms.

Property Size3,800 SF
Price / SF$328.95
Days on Market23

Property Features for 73 Glover St

General Information

Standard status Active
Size 3,800 SF
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Buildings 1
Stories 3
Listing Agency: Affinity Realty Group Inc.
Listed By: Vladimir Barman
Source: Exprealty
Added: Oct 5 Changed: Oct 25 Last Checked: Oct 26 at 6:30PM

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 Affinity Realty Group Inc.

Rey
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Investment Insights

Based on property information with market context.

This new-construction, two-family property spans three levels and approximately 3,800 sq ft, with 8 bedrooms and 4 bathrooms. The building is at the sheetrock stage, allowing the buyer to select interior finishes. The first level includes a 2-car garage, open space, and a side entrance. Each of the two residential levels has a living room, kitchen, coat closet, laundry room, three bedrooms, and a primary bedroom with a private 3/4 bath and walk-in closet. The upper level also connects to a stand-up attic.

The property is near local and express bus service, restaurants, food shopping, a park, and a children’s playground.

Key Highlights

  • Two‑family new construction at the sheetrock stage
  • Approximately 3,800 sq ft across three levels
  • 8 bedrooms and 4 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$94,499
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,889,980 $1.9M
Cap Rate 7%
$1,349,986 $1.3M
Cap Rate 9%
$1,049,989 $1.0M
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$141.4K $37.20/SF
− Vacancy
−$6.4K −$1.67/SF
EGI
$135.0K $35.53/SF
− OpEx
−$40.5K −$10.66/SF
NOI
$94.5K $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%
$1,889,980
Cap Rate 7%
$1,349,986
Cap Rate 9%
$1,049,989

Alternative Uses

Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,499 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,269 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M (±1% cap)
NOI $126,921 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby

Demographics for 10308, NY

28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residential levels have a living room, kitchen, laundry room, and four bedrooms.
Where is this duplex located?
The property is located at 73 Glover St Staten Island, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑family new construction at the sheetrock stage; Approximately 3,800 sq ft across three levels; 8 bedrooms and 4 bathrooms
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