Fully Renovated Two-Family
88 Warren Street Staten Island, NY 10304
For Sale
$649,990
Fully detached two-family home offers two bedrooms and one bathroom per unit after a complete renovation.
Property Size1,150 SF
Price / SF$565.21
Days on Market165
Property Features for 88 Warren Street
General Information
- Standard status
- Active
- Size
- 1,150 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1935
Listing Agency:
DiTommaso Real Estate
(212) 629-0122
Listed By:
Suzy Miller · License #10401289790
(212) 629-0122
Source:
Compass
Added: Feb 11
Changed: Jul 21
Last Checked: Jul 22 at 7:39AM
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 DiTommaso Real Estate
Investment Insights
Based on property information with market context.
This fully detached legal two-family duplex features two separate units, each with two bedrooms and one bathroom. The property was totally renovated, including two new kitchens, updated bathroom(s), and stylish split AC/heating units installed in every room. Improvements also include all-new windows, new floors, and fresh interior paint throughout.
The property is described as a solid income-producing rental in an affordable rental-demand area of Stapleton, Staten Island, with convenient access to transportation and shopping. Buyers should note the reported real estate tax of $2,446 for 2025 and $2,334 for 2023 as provided in the remarks.
With a two-over-two bedroom layout, the duplex is configured to support consistent separate-unit living arrangements while remaining low maintenance, according to the listing description.
The property is described as a solid income-producing rental in an affordable rental-demand area of Stapleton, Staten Island, with convenient access to transportation and shopping. Buyers should note the reported real estate tax of $2,446 for 2025 and $2,334 for 2023 as provided in the remarks.
With a two-over-two bedroom layout, the duplex is configured to support consistent separate-unit living arrangements while remaining low maintenance, according to the listing description.
Key Highlights
- Fully detached legal 2‑family house with 2 bedrooms and 1 bathroom per unit
- Total renovation includes 2 brand‑new kitchens, updated full bath, and a Manhattan‑style 3/4 bath
- Split AC/heating units installed in every room, plus gas heat; 2 A/C units
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 | $44.2k | $38.40 |
| − Vacancy | −$3.6k | −$3.10 |
| EGI | $40.6k | $35.30 |
| − OpEx | −$12.2k | −$10.59 |
| NOI | $28.4k | $24.71 |
1,150 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$406.0K
$355.2K – $473.6K
NOI $28,417 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$372.0K
$325.5K – $434.1K
NOI $26,043 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$548.7K
$480.1K – $640.2K
NOI $38,410 @ 7.0% cap · market cap 5.91%
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 - Fully detached two-family home offers two bedrooms and one bathroom per unit after a complete renovation.
Where is this duplex located?
The property is located at 88 Warren Street Staten Island, NY.
What is the asking price?
The asking price for this property is $649,990.
What are key features of this property?
This property features: Fully detached legal 2‑family house with 2 bedrooms and 1 bathroom per unit; Total renovation includes 2 brand‑new kitchens, updated full bath, and a Manhattan‑style 3/4 bath; Split AC/heating units installed in every room, plus gas heat; 2 A/C units
