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Oversized Two-Family Home

8 Arkansas Avenue Staten Island, NY 10308

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Two-family home with finished basement in Great Kills.

Type:Multifamily
Property size:
2,288 SF
Price / SF:
$458.48/SF
Added:
May 12, 2026
Days on Market:
64
Last Refresh:
Jul 2 at 6:11 am

Property Features for 8 Arkansas Avenue

General Information

Standard status
Active
Size
2,288 SF
Property subtype
Multifamily

Building Details

Year Built
1993

Listing office SI Premiere Properties

Listing date May 12, 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 SI Premiere Properties


Investment Insights

Based on property information with market context.

Located on a quiet, tree-lined street in Great Kills, this oversized two-family end unit features two six-room apartments and additional living space in a full finished walk-out basement. The property is suitable for multi-family generational living. The first floor apartment features custom tile throughout, a large living space, and three large bedrooms, including a primary bedroom with a private bath. The kitchen provides access to the backyard and the full finished basement, which includes a living room, dining room, bedroom, and outdoor access. The second floor apartment, also with six rooms, mirrors the layout with three bedrooms and 1.5 bathrooms. The property size is 2288 square feet.

Key Highlights

  • Oversized 2‑family end unit in Great Kills.
  • Full finished walk‑out basement with additional living space (living room/dining room/bedroom and outdoor access).
  • Ideal for multi‑generational living or extended family.

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 $85.1k $37.20
− Vacancy −$3.8k −$1.67
EGI $81.3k $35.53
− OpEx −$24.4k −$10.66
NOI $56.9k $24.87
2,288 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$812.8K
$711.2K – $948.3K (±1% cap)
NOI $56,898 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$724.8K
$634.2K – $845.7K (±1% cap)
NOI $50,739 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.09M
$955.3K – $1.27M (±1% cap)
NOI $76,420 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Parking Lot & Garage Spa & Massage Center Hair Salon Barber Shop Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

FAQs

What type of property is this?
Duplex - Two-family home with finished basement in Great Kills.
Where is this duplex located?
The property is located at 8 Arkansas Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Oversized 2‑family end unit in Great Kills.; Full finished walk‑out basement with additional living space (living room/dining room/bedroom and outdoor access).; Ideal for multi‑generational living or extended family.
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