Two-Unit Brick
For Sale
$880,000
Pending
83 Glenwood Avenue, Staten Island, NY 10301
Separate two- and three-bedroom apartments offer distinct residential layouts within an R2-zoned property.
Property Size2,392 SF
Lot Size0.09 Acres
Days on Market22
Property Features for 83 Glenwood Avenue
General Information
Standard status
Pending
Size
2,392 SF
Lot size
0.09 Acres
Property subtype
Residential Income
Zoning
R2
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,627
Amenities
1
true
2
false
Lin Chen
Front Yard,Back Yard
4000
40 x 100
0.09
Off Street,On Street
2392
Building Details
Building Size
2,392 SF
Year Built
1960
Buildings
1
Stories
2
Construction
brick
Listing Agency:
All Coast Real Estate LLC
Listed By:
David Silberberg
Source:
Matiasrealestatenyc
Added: Oct 16
Changed: Nov 3
Last Checked: Nov 5 at 8:55AM
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 All Coast Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This detached, all-brick duplex contains two apartments: a first-floor unit with two bedrooms and a full bath, and a second-floor unit with three bedrooms and a full bath. The walk-out basement adds a three-quarter bath and washer and dryer. The building measures 2,392 square feet on a 40-by-100-foot lot, with hardwood floors beneath rugs in both apartments. A driveway provides off-street parking, and the property includes front and back yards.
Public transportation is accessible nearby, with a short trip to the Staten Island Expressway and Verrazano Bridge. The two-unit configuration allows for occupancy in one apartment while the other is rented, or use as an investment property.
Public transportation is accessible nearby, with a short trip to the Staten Island Expressway and Verrazano Bridge. The two-unit configuration allows for occupancy in one apartment while the other is rented, or use as an investment property.
Key Highlights
- Detached, all‑brick duplex with two apartments
- 2,392‑square‑foot building on a 40‑by‑100‑foot lot
- First‑floor apartment has 2 bedrooms and 1 full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,485
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,189,700
$1.2M
Cap Rate 7%
$849,786
$849.8K
Cap Rate 9%
$660,944
$660.9K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$89.0K $37.20/SF
− Vacancy
−$4.0K −$1.67/SF
EGI
$85.0K $35.53/SF
− OpEx
−$25.5K −$10.66/SF
NOI
$59.5K $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%
$1,189,700
Cap Rate 7%
$849,786
Cap Rate 9%
$660,944
Alternative Uses
Best Use
Multifamily LT 5
$849.8K
$743.6K – $991.4K
NOI $59,485 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$757.8K
$663.1K – $884.1K
NOI $53,045 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$1.14M
$998.7K – $1.33M
NOI $79,893 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
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
Frequently Asked Questions
What type of property is this?
Duplex - Separate two- and three-bedroom apartments offer distinct residential layouts within an R2-zoned property.
Where is this duplex located?
The property is located at 83 Glenwood Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Detached, all‑brick duplex with two apartments; 2,392‑square‑foot building on a 40‑by‑100‑foot lot; First‑floor apartment has 2 bedrooms and 1 full bath
