Custom Two-Family
For Sale
$1,350,000
Pending
98 Raritan Avenue, Staten Island, NY 10304
Residential Income, Staten Island, NY
Property Size2,352 SF
Lot Size0.11 Acres
Days on Market50
Property Features for 98 Raritan Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking features
Driveway, On Street
Patio and Porch features
Patio
Interior features
Walk-In Closet(s), Ceiling Fan(s)
Basement
Finished
Lot features
Front Yard, Back Yard
Subdivision
Dongan Hills-Above Hylan
Standard status
Pending
APN
03297-0009
Size
2,352 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
11307
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Amenities
solar panels
fenced yard
Building Details
Year built
2005
Floors in Building
3
Number of units
2
Building materials
Brick, Stucco, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
John J Lauria
(917) 484-2080
Added: Aug 24
Changed: Oct 10
Last Checked: Oct 12 at 6:06PM
MLS# 2604786
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.
Built in 2005, this 2,352-square-foot Colonial-style duplex occupies a 0.1148-acre lot measuring 50 by 100 feet. The primary residence includes four bedrooms, three bathrooms, hardwood floors, a living room, dining room, eat-in kitchen with custom cabinetry, pantry, family room with fireplace, deck access, and a full stand-up attic. The one-bedroom apartment has a separate entrance and utilities, along with a lock-off connection to the main residence.
Additional improvements include a basement office, large one-car garage, two driveways, paved parking areas, solar panels, and a fenced yard. The property has three-zone heating, two-zone central air conditioning, public sewer, and R3X zoning. It is located near the Staten Island Railroad and local and express bus service.
Additional improvements include a basement office, large one-car garage, two driveways, paved parking areas, solar panels, and a fenced yard. The property has three-zone heating, two-zone central air conditioning, public sewer, and R3X zoning. It is located near the Staten Island Railroad and local and express bus service.
Key Highlights
- 2,352 square feet on a 0.1148‑acre lot
- 50 by 100‑foot lot with fenced yard and deck
- Four‑bedroom main residence plus a one‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,120
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,400
$1.2M
Cap Rate 7%
$830,286
$830.3K
Cap Rate 9%
$645,778
$645.8K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$90.3K $38.40/SF
− Vacancy
−$7.3K −$3.10/SF
EGI
$83.0K $35.30/SF
− OpEx
−$24.9K −$10.59/SF
NOI
$58.1K $24.71/SF
Area
ZIP 10304
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,400
Cap Rate 7%
$830,286
Cap Rate 9%
$645,778
Alternative Uses
Best Use
Multifamily LT 5
$830.3K
$726.5K – $968.7K
NOI $58,120 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$760.9K
$665.8K – $887.7K
NOI $53,264 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.12M
$982.0K – $1.31M
NOI $78,557 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,622
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
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 - Brick-and-stucco residence with a separate one-bedroom apartment, private entrance, garage, fenced yard, and transit access.
Where is this duplex located?
The property is located at 98 Raritan Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2,352 square feet on a 0.1148‑acre lot; 50 by 100‑foot lot with fenced yard and deck; Four‑bedroom main residence plus a one‑bedroom apartment
