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Four-Unit Duplex Package
For Sale
$999,000

77 Simonson Avenue, Staten Island, NY 10303

Residential, Staten Island, NY

Property Size3,604 SF
Lot Size0.12 Acres
Price / SF$277.19
Days on Market18

Property Features for 77 Simonson Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3A
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 8, Bedroom 7, Bedroom 6, Bathroom 2, Bedroom 5
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 Hardwood, Laminate, Tile
Building materials Wood Frame
Roof type Flat
Listing Agency: ProBase Real Estate
Listed By: JiaJie (Kai) Zheng
Added: Sep 25 Changed: Oct 10 Last Checked: Oct 12 at 3:06PM
MLS# 504864

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.

Investment Insights

Based on property information with market context.

This duplex package comprises two buildings with four apartments in total. Each apartment has two bedrooms, a kitchen, a living room, and a full bathroom. The combined property size is 3,604 square feet on 0.1178 acres, with R3A zoning. Refrigerator and stove are listed among the interior features; the buildings have wood-frame construction.

The property is near Forest Avenue, with supermarkets, restaurants, parks, and neighborhood services in the surrounding area. Nearby bus routes S46 and S96 connect along the North Shore and toward St. George, where ferry service to Lower Manhattan is available.

Key Highlights

  • Two buildings with four two‑bedroom apartments in total
  • 3,604 square feet on 0.1178 acres
  • R3A zoning

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 (±1% cap)
NOI $89,625 @ 7.0% cap · market cap 8.97%
Second Best
Apartment 5plus
$1.14M
$999.0K – $1.33M (±1% cap)
NOI $79,922 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M (±1% cap)
NOI $120,374 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

787
Businesses Nearby

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two buildings contain four two-bedroom apartments, with kitchens, living rooms, and full bathrooms in each unit.
Where is this duplex located?
The property is located at 77 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 with four two‑bedroom apartments in total; 3,604 square feet on 0.1178 acres; R3A zoning
More about this property
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