Oversized Two-Family
8 Arkansas Avenue, Staten Island, NY 10308
Two-family home with finished basement in Great Kills.
Type:Multifamily
Property size:
2,288 SFPrice / SF:
$458/SF- Added:
- May 12, 2026
- Days on Market:
- 19
- Last Refresh:
- May 16 at 8:41 pm
Property Features for 8 Arkansas Avenue
General Information
- Standard status
- Active
- Size
- 2,288 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1993
Listing agent Josephine Mullins License #40MU1084554
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
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.
- Both units feature 3 large bedrooms and a private bath in the primary bedroom.
- First floor features custom tile throughout.
- Located on a quiet, tree‑lined street in the heart of Great Kills.
Overview
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.
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
NOI $56,898 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$724.8K
$634.2K – $845.7K
NOI $50,739 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.09M
$955.3K – $1.27M
NOI $76,420 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.15461
- Latitude
- 40.559746
Nearby Similar for Sale
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.
