Updated Two-Family
For Sale
$899,000
Pending
94 Olympia Boulevard, Staten Island, NY 10305
Residential Income, Staten Island, NY
Property Size1,760 SF
Lot Size0.12 Acres
Days on Market102
Property Features for 94 Olympia Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
7
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 1
Parking features
Garage, Off Street
Fencing
Fenced
Lot features
Back Yard
Subdivision
South Beach
Standard status
Pending
APN
5034040007
Size
1,760 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
5589
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Building Details
Year built
1905
Floors in Building
2
Number of units
1
Building materials
Brick, Stucco
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Kin Wa Lam · License #10401301649
(646) 481-6444
Added: Jul 1
Changed: Oct 8
Last Checked: Oct 10 at 9:06PM
MLS# 2603703
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This detached two-family duplex in Staten Island offers a 4-bedroom unit and a 3-bedroom unit, each arranged with an open kitchen, living, and dining area. The 1,760-square-foot residence was renovated approximately 10 years ago and combines brick and stucco construction with natural-gas heat. There is no basement.
The property includes a private driveway, a 2-car garage, off-street parking, and a fenced site. An adjacent 25' x 75' lot is included, bringing the total land area to 0.1228 acres. Tenants are responsible for their own heat and utilities. Public sewer serves the property, which was built in 1905 and is zoned R3X. The home is located in South Beach, approximately 3 minutes from the VZ Bridge, and no flood insurance is required.
The property includes a private driveway, a 2-car garage, off-street parking, and a fenced site. An adjacent 25' x 75' lot is included, bringing the total land area to 0.1228 acres. Tenants are responsible for their own heat and utilities. Public sewer serves the property, which was built in 1905 and is zoned R3X. The home is located in South Beach, approximately 3 minutes from the VZ Bridge, and no flood insurance is required.
Key Highlights
- Two‑family layout with 4‑bedroom and 3‑bedroom units
- 1,760 SF residence on 0.1228 acres
- 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.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Duplex - Detached two-unit residence with separate utilities, private parking, and an additional buildable lot.
Where is this duplex located?
The property is located at 94 Olympia Boulevard 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: Two‑family layout with 4‑bedroom and 3‑bedroom units; 1,760 SF residence on 0.1228 acres; Adjacent 25' x 75' lot included
