Duplex with Separate
For Sale
$1,448,000
945 Ionia Ave, Staten Island, NY 10309
A finished basement and fenced yard complement the main residence and separate one-bedroom apartment.
Property Size3,436 SF
Price / SF$421.42
Days on Market8
Property Features for 945 Ionia Ave
General Information
Standard status
Active
Size
3,436 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$12,012
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Margaret Power
(917) 217-7536
Source:
Exprealty
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 4 at 5:34PM
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 Robert DeFalco Realty, Inc.
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Investment Insights
Based on property information with market context.
At 945 Ionia Ave in Staten Island, this duplex offers 3,436 square feet with four bedrooms and three bathrooms. The interior includes a two-story entry, formal living room, dining room, and eat-in kitchen with quartz counters and tile backsplash. A family room with fireplace, finished basement, and separate one-bedroom apartment add to the property’s layout. A one-car garage and fully fenced yard are also included.
The property is in the Princess Bay neighborhood. Its configuration includes the main residence and a distinct apartment, along with indoor and outdoor features described above.
The property is in the Princess Bay neighborhood. Its configuration includes the main residence and a distinct apartment, along with indoor and outdoor features described above.
Key Highlights
- 3,436‑square‑foot duplex with a separate one‑bedroom apartment
- Four bedrooms and three bathrooms in the main residence
- Finished basement and family room with fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,447
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,708,940
$1.7M
Cap Rate 7%
$1,220,671
$1.2M
Cap Rate 9%
$949,411
$949.4K
Market Conditions
NOI Build-Up for 3,436 SF
Gross rent
$127.8K $37.20/SF
− Vacancy
−$5.8K −$1.67/SF
EGI
$122.1K $35.53/SF
− OpEx
−$36.6K −$10.66/SF
NOI
$85.4K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,708,940
Cap Rate 7%
$1,220,671
Cap Rate 9%
$949,411
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,447 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$1.09M
$952.5K – $1.27M
NOI $76,197 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,763 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A finished basement and fenced yard complement the main residence and separate one-bedroom apartment.
Where is this duplex located?
The property is located at 945 Ionia Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,448,000.
What are key features of this property?
This property features: 3,436‑square‑foot duplex with a separate one‑bedroom apartment; Four bedrooms and three bathrooms in the main residence; Finished basement and family room with fireplace
