Three-Unit Hi-Ranch Duplex
875 Sheldon Avenue Staten Island, NY 10309
For Sale
Contact for pricing
Large hi-ranch with side apartment, featuring a yard, 1-car garage, and no basement.
Property Size2,228 SF
Price / SF$403.95
Days on Market158
Property Features for 875 Sheldon Avenue
General Information
- Standard status
- Active
- Size
- 2,228 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1960
Listing Agency:
Hand In Hand Real Estate
Listed By:
Richard Nichilo · License #10991217163
Source:
Crexi
Added: Feb 18
Changed: Jul 21
Last Checked: Jul 26 at 5:05AM
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 Hand In Hand Real Estate
Investment Insights
Based on property information with market context.
This large hi-ranch includes a main home plus a side apartment. The main home opens to a foyer and large family room with sliding glass doors leading to the yard. Upstairs are the living room, dining room, eat-in kitchen, full bath, and three bedrooms. The side apartment includes a kitchen, living room, bedroom, and a full bath. The property has a 1-car garage and a large driveway, and there is no basement.
The home is described as being close to the Woodrow Shopping Center, restaurants, Bloomingdale’s Park, and local and NYC buses, supporting convenient access for daily commuting and errands.
Overall, the layout provides separate living spaces across the main residence and the side apartment, with outdoor access through the family room’s sliding glass doors and parking accommodated by the garage and driveway.
The home is described as being close to the Woodrow Shopping Center, restaurants, Bloomingdale’s Park, and local and NYC buses, supporting convenient access for daily commuting and errands.
Overall, the layout provides separate living spaces across the main residence and the side apartment, with outdoor access through the family room’s sliding glass doors and parking accommodated by the garage and driveway.
Key Highlights
- Large 2‑family hi‑ranch with side apartment
- Main home includes 3 bedrooms, living room, dining room, eat‑in kitchen, and full bath
- Side apartment offers a kitchen, living room, bedroom, and full bath
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 | $82.9k | $37.20 |
| − Vacancy | −$3.7k | −$1.67 |
| EGI | $79.2k | $35.53 |
| − OpEx | −$23.7k | −$10.66 |
| NOI | $55.4k | $24.87 |
2,228 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$791.5K
$692.6K – $923.4K
NOI $55,406 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$705.8K
$617.6K – $823.5K
NOI $49,408 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$1.06M
$930.2K – $1.24M
NOI $74,416 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Large hi-ranch with side apartment, featuring a yard, 1-car garage, and no basement.
Where is this duplex located?
The property is located at 875 Sheldon Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Large 2‑family hi‑ranch with side apartment; Main home includes 3 bedrooms, living room, dining room, eat‑in kitchen, and full bath; Side apartment offers a kitchen, living room, bedroom, and full bath
