Duplex with Separate-Entry
For Sale
$700,000
85 Mobile Ave, Staten Island, NY 10306
Two living areas include a three-bedroom main residence and a ground-level one-bedroom unit.
Property Size1,190 SF
Price / SF$588.24
Days on Market20
Property Features for 85 Mobile Ave
General Information
Standard status
Active
Size
1,190 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR, 1 x 1BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
deck
private yard
central AC & heat
washer & dryer
Building Details
Year Built
1960
Listing Agency:
RE/MAX Elite
Listed By:
Andrew C Morgan · License #10401337146
(917) 364-1979
Source:
Statenislandhomelistings
Added: Sep 23
Changed: Oct 11
Last Checked: Oct 11 at 2:43PM
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 RE/MAX Elite
Investment Insights
Based on property information with market context.
This 1,190-square-foot duplex, built in 1960, pairs a three-bedroom main residence with a full ground-level apartment. The apartment has its own front entrance, living room, kitchen, bedroom, full bathroom, and laundry room with washer and dryer. In the main residence, the kitchen connects to a renovated half bathroom, while the living and dining rooms feature hardwood floors. Three bedrooms and a full bathroom are located upstairs, with additional attic storage. Central air conditioning and heat serve the home.
A rear door opens from the living room to a deck and yard. The property is near shopping, schools, restaurants, and public transportation, including an express bus to Manhattan.
A rear door opens from the living room to a deck and yard. The property is near shopping, schools, restaurants, and public transportation, including an express bus to Manhattan.
Key Highlights
- 1,190‑square‑foot duplex built in 1960
- Three‑bedroom main residence plus a separate ground‑level one‑bedroom apartment
- Apartment has a private front entrance, kitchen, full bathroom, and laundry with washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,228
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,560
$604.6K
Cap Rate 7%
$431,829
$431.8K
Cap Rate 9%
$335,867
$335.9K
Market Conditions
NOI Build-Up for 1,190 SF
Gross rent
$45.7K $38.40/SF
− Vacancy
−$2.5K −$2.11/SF
EGI
$43.2K $36.29/SF
− OpEx
−$13.0K −$10.89/SF
NOI
$30.2K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,560
Cap Rate 7%
$431,829
Cap Rate 9%
$335,867
Alternative Uses
Best Use
Multifamily LT 5
$431.8K
$377.9K – $503.8K
NOI $30,228 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$383.7K
$335.8K – $447.7K
NOI $26,861 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$567.8K
$496.8K – $662.4K
NOI $39,746 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,138
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two living areas include a three-bedroom main residence and a ground-level one-bedroom unit.
Where is this duplex located?
The property is located at 85 Mobile Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,190‑square‑foot duplex built in 1960; Three‑bedroom main residence plus a separate ground‑level one‑bedroom apartment; Apartment has a private front entrance, kitchen, full bathroom, and laundry with washer and dryer
