Updated Two-Family
For Sale
$899,000
Pending
94 Olympia Blvd, Staten Island, NY 10305
Detached duplex with renovated interiors, a two-car garage, and separate tenant-paid heat and utilities.
Property Size1,760 SF
Days on Market178
Property Features for 94 Olympia Blvd
General Information
Standard status
Pending
Size
1,760 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR, 1 x 4BR
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1905
Buildings
1
Listing Agency:
Homes R Us Realty of NY, Inc.
Listed By:
Huan Kuei Lo · License #10401313713
(718) 668-2550
Source:
Statenislandhomelistings
Added: Apr 26
Changed: Oct 1
Last Checked: Oct 19 at 7:26AM
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 Homes R Us Realty of NY, Inc.
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Investment Insights
Based on property information with market context.
Located at 94 Olympia Boulevard in Staten Island, this 1,760-square-foot detached duplex contains two residential units arranged in a 4-over-3 configuration. The first unit has three bedrooms, while the second has four bedrooms. Each residence includes an open kitchen, living, and dining arrangement. There is no basement.
The property includes a private driveway, a two-car garage, and an adjacent 25' x 75' lot. Renovation work was completed 10 years ago, and tenants pay their own heat and utilities. Built in 1905, the property is zoned R3X and is approximately 3 minutes from the Verrazzano-Narrows Bridge. Flood insurance is not required.
The property includes a private driveway, a two-car garage, and an adjacent 25' x 75' lot. Renovation work was completed 10 years ago, and tenants pay their own heat and utilities. Built in 1905, the property is zoned R3X and is approximately 3 minutes from the Verrazzano-Narrows Bridge. Flood insurance is not required.
Key Highlights
- 1,760 SF detached two‑family property with a 4‑over‑3 unit layout
- Unit 1 has 3 bedrooms; Unit 2 has 4 bedrooms
- Adjacent 25' x 75' lot included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,209
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,180
$924.2K
Cap Rate 7%
$660,129
$660.1K
Cap Rate 9%
$513,433
$513.4K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$71.8K $40.80/SF
− Vacancy
−$5.8K −$3.29/SF
EGI
$66.0K $37.51/SF
− OpEx
−$19.8K −$11.25/SF
NOI
$46.2K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,180
Cap Rate 7%
$660,129
Cap Rate 9%
$513,433
Alternative Uses
Best Use
Multifamily LT 5
$660.1K
$577.6K – $770.2K
NOI $46,209 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$607.4K
$531.4K – $708.6K
NOI $42,515 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$839.8K
$734.8K – $979.7K
NOI $58,784 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Detached duplex with renovated interiors, a two-car garage, and separate tenant-paid heat and utilities.
Where is this duplex located?
The property is located at 94 Olympia Blvd Staten Island, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1,760 SF detached two‑family property with a 4‑over‑3 unit layout; Unit 1 has 3 bedrooms; Unit 2 has 4 bedrooms; Adjacent 25' x 75' lot included
