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Duplex for Sale 58 Van Duzer St 2 Unit Apartment Building $699,999 ($350,000/Unit) Staten Island, NY 10301
Investment Highlights
- Strong Location - minutes to the Staten Island Ferry, railway, and multiple bus lines, and near the SI Expressway and Verrazzano-Narrows Bridge.
- Major Rental upside
- 100% occupied
Executive Summary
58 Van Duzer Street is a three-story duplex located in the heart of Staten Island, offering solid income with notable upside potential. The property is comprised of a two-bedroom, two-bath unit on the first floor and a two-bedroom, one-bath unit on the second floor, which also includes an attic space that provides additional storage or potential expansion options. Both apartments are individually metered and occupied by long-term tenants, providing consistent income and stability.
Current rents are significantly below market value, presenting a clear opportunity for an investor to reposition the property and substantially increase returns over time. With all utilities separately metered, operating expenses are kept low, making this an efficient income-producing asset. The property’s configuration, coupled with its strong location and tenant history, makes it ideal for an investor seeking a value-add multifamily opportunity with immediate potential for growth in one of Staten Island’s most active submarkets.
Current rents are significantly below market value, presenting a clear opportunity for an investor to reposition the property and substantially increase returns over time. With all utilities separately metered, operating expenses are kept low, making this an efficient income-producing asset. The property’s configuration, coupled with its strong location and tenant history, makes it ideal for an investor seeking a value-add multifamily opportunity with immediate potential for growth in one of Staten Island’s most active submarkets.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Yard
- Loft Layout
- Large Bedrooms
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (80)
Property Taxes
| Parcel Number | 00499-0016 | Improvements Assessment | $48,338 |
| Land Assessment | $3,622 | Total Assessment | $51,960 |
Property Taxes
Parcel Number
00499-0016
Land Assessment
$3,622
Improvements Assessment
$48,338
Total Assessment
$51,960
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Duplex for Sale | 58 Van Duzer St
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