Four-Unit Duplex
New
For Sale
$999,000
75 Simonson Avenue, Staten Island, NY 10303
Residential, Staten Island, NY
Property Size3,604 SF
Lot Size0.12 Acres
Price / SF$277.19
Days on Market3
Property Features for 75 Simonson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3A
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bedroom 8, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 3, Bathroom 2
Interior features
Refrigerator, Stove
Basement
Full
Subdivision
Manor Heights
Standard status
Active
Size
3,604 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
4417
Building Details
Year built
1915
Floors in Building
2
Number of units
4
Flooring type
Tile, Laminate, Hardwood
Building materials
Wood Frame
Roof type
Flat
Listing Agency:
ProBase Real Estate
Listed By:
JiaJie (Kai) Zheng
(718) 210-2727
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 22 at 6:06AM
MLS# 505488
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-building property contains four two-bedroom apartments across 3,604 square feet. Each residence has two apartments, with a kitchen, two bedrooms, a living room and a full bathroom in each unit. Lower-level areas include an unfinished bathroom and space for storage or utilities. The buildings are wood-frame construction, and the property requires renovation work. Interior finishes include tile, hardwood and laminate flooring; refrigerators and stoves are also listed.
The two lots total 0.1178 acres. Forest Avenue, supermarkets, restaurants, parks and neighborhood services are identified in the surrounding area. Local S46 and S96 bus routes provide connections across the North Shore and toward St. George, where ferry service to Lower Manhattan is available.
The two lots total 0.1178 acres. Forest Avenue, supermarkets, restaurants, parks and neighborhood services are identified in the surrounding area. Local S46 and S96 bus routes provide connections across the North Shore and toward St. George, where ferry service to Lower Manhattan is available.
Key Highlights
- Two buildings contain four two‑bedroom apartments
- 3,604 square feet of property area on 0.1178 acres
- Each apartment includes a kitchen, two bedrooms, living room and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,625
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,500
$1.8M
Cap Rate 7%
$1,280,357
$1.3M
Cap Rate 9%
$995,833
$995.8K
Market Conditions
NOI Build-Up for 3,604 SF
Gross rent
$134.1K $37.20/SF
− Vacancy
−$6.0K −$1.67/SF
EGI
$128.0K $35.53/SF
− OpEx
−$38.4K −$10.66/SF
NOI
$89.6K $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%
$1,792,500
Cap Rate 7%
$1,280,357
Cap Rate 9%
$995,833
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,625 @ 7.0% cap · market cap 8.97%
Second Best
Apartment 5plus
$1.14M
$999.0K – $1.33M
NOI $79,922 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M
NOI $120,374 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
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Business Placement
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The residences contain four two-bedroom apartments, each with a kitchen, living room and full bathroom.
Where is this duplex located?
The property is located at 75 Simonson Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two buildings contain four two‑bedroom apartments; 3,604 square feet of property area on 0.1178 acres; Each apartment includes a kitchen, two bedrooms, living room and full bathroom
