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994 Olympia Boulevard, Staten Island, NY, 10306
Semi-Attached Townhouse with Garage

994 Olympia Boulevard Staten Island, NY 10306

For Sale
$453,000
Pending

SINGLE_FAMILY - Staten Island, NY

Property Size1,300 SF
Lot Size0.04 Acres
Days on Market256

Property Features for 994 Olympia Boulevard

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
Parking features
Off Street
Patio and Porch features
Deck
Fencing
Fenced
Standard status
Pending
APN
03825-0010
Size
1,300 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
4529

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air

Building Details

Year built
1991
Floors in Building
3
Building materials
Vinyl Siding
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Hani M Ayad
Added: Nov 11, 2025 Changed: Jul 22 Last Checked: Jul 25 at 12:06AM
MLS# 2506597

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 semi-attached townhouse offers three bedrooms and a full bathroom on the third floor. The second floor includes a formal living room, a spacious eat-in kitchen with access to a deck, and a convenient half-bath. The home also features a large front yard and a spacious built-in garage for parking and storage. The property is offered sold as-is and needs TLC.

Located in Midland Beach on Staten Island, this home is described as minutes from the beach, schools, and the Verrazzano Bridge. The property is zoned R3-1, providing the framework for residential use within the area.

Overall, the layout combines living space across multiple levels with outdoor access through the kitchen deck, along with yard space and garage storage.

Key Highlights

  • 1991‑built semi‑attached townhouse with 3 bedrooms and 2 bathrooms (1 full, 1 half)
  • Forced air heating with natural gas; central air cooling
  • Eat‑in kitchen on the second floor with direct access to a deck

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 $49.9k $38.40
− Vacancy −$2.7k −$2.11
EGI $47.2k $36.29
− OpEx −$14.2k −$10.89
NOI $33.0k $25.40
1,300 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$471.7K
$412.8K – $550.4K (±1% cap)
NOI $33,022 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$419.2K
$366.8K – $489.1K (±1% cap)
NOI $29,344 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$620.3K
$542.8K – $723.7K (±1% cap)
NOI $43,420 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Computer & Electronic Repair Tech Support Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Semi-attached townhouse on Staten Island with built-in garage, a deck off the eat-in kitchen, and sold as-is.
Where is this duplex located?
The property is located at 994 Olympia Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $453,000.
What are key features of this property?
This property features: 1991‑built semi‑attached townhouse with 3 bedrooms and 2 bathrooms (1 full, 1 half); Forced air heating with natural gas; central air cooling; Eat‑in kitchen on the second floor with direct access to a deck
More about this property
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