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386-388 Van Duzer Street, Staten Island, NY 10304

$ 1,700,000
386-388 Van Duzer Street, Staten Island, NY 10304, ,

Overview

  • Updated On:
  • March 31, 2025
  • Bedrooms
  • 0 Bathrooms
  • Garage Spaces
  • 6300 Size Sft
  • 1931 Year Built

This six-unit multifamily property presents a compelling value-add investment in the rapidly developing Van Duzer corridor of Staten Island. With significant upside potential, this asset offers an opportunity to reposition the property and increase revenue through strategic rent Optimization. The pro forma cap rate of 10.27 highlights the strong investment potential, driven by under-market rents and operational efficiencies. With a targeted repositioning strategy, investors can unlock substantial NOI growth, enhancing both cash flow and long-term Appreciation. Located in a high-demand rental market, the property benefits from proximity to transportation, dining, and retail amenities, ensuring strong tenant demand. This is an ideal

opportunity for an investor seeking to maximize yield through a proven value-add strategy in an evolving submarket.

Address: 386-388 Van Duzer Street, Staten Island, NY 10304
State/County:
Zip: 10304
Country: United States
Open In Google Maps
Property Id : 950730
Price: $ 1,700,000
Property Lot Size: 0 ft2
TaxAnnualAmount: 19548
InternetConsumerCommentYN: 1
CoListOfficeKey: 20190109193207343400000000
InternetAutomatedValuationDisplayYN: 1
ListAgentKey: 20221017161709263916000000
StreetNumberNumeric: 386388
ContractStatusChangeDate: 2025-03-25
ListAgentFullName: Andrew DeCarlo
InternetAddressDisplayYN: 1
CoListAgentKey: 20210420193208505764000000
NumberOfBuildings: 3
OnMarketDate: 2025-03-25
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20190109193207343400000000
CoListAgentFullName: Michael Raia
ListAgentLastName: DeCarlo
CumulativeDaysOnMarket: 5
TaxLot: 0004
CoListOfficeEmail: ozanarealtygroup@gmail.com
ListingAgreement: Exclusive Right To Sell
StatusChangeTimestamp: 2025-03-25T19:09:24Z
ListAgentFirstName: Andrew
CoListAgentEmail: mike_raia@ozanarealty.com
MajorChangeType: New Listing
NetOperatingIncome: 53882
LotSizeUnits: Square Feet
DocumentsCount: 0
CoListAgentPreferredPhone: 347-552-1207
CoListOfficeName: Ozana Realty Group
LotSizeSquareFeet: 4750
OwnerName: Gjeshbitraj
ListAgentOfficePhone: 917-513-0612
ListingId: 2501579
CoListAgentStateLicense: 10401351493
CoListAgentFirstName: Michael
YearBuilt: 1931
ListAgentPreferredPhone: 917-513-0612
SourceSystemName: Staten Island Multiple Listing Service
SourceSystemKey: 20250325174837854932000000
OperatingExpense: 37909
StateOrProvince: NY
CoListAgentLastName: Raia
ListOfficeName: Ozana Realty Group
CoListAgentOfficePhone: 347-552-1207
CoListOfficeURL: http://www.ozanarealty.com
OriginatingSystemKey: 20250325174837854932000000
VideosCount: 0
PhotosCount: 27
GrossIncome: 91791
ShowingInstructions: Call Agent
CoListAgentMlsId: 18189
ListOfficeURL: http://www.ozanarealty.com
ListAgentStateLicense: 10401370363
PhotosChangeTimestamp: 2025-03-25T19:09:25Z
BuildingAreaTotal: 6300
OriginatingSystemName: Staten Island Multiple Listing Service
OriginalListPrice: 1700000
Sewer: City
ListingContractDate: 2025-03-06
StreetSuffix: Street
CoListOfficeMlsId: o11316
OriginatingSystemID: M00000487
LotSizeDimensions: 4750
StreetNumber: 386-388
StreetName: Van Duzer
Electric: 220 Volts
ListAgentEmail: andrew.decarlo@ozanarealty.com
ModificationTimestamp: 2025-03-30T22:07:23Z
ListOfficeMlsId: o11316
MlsStatus: Active
TaxBlock: 00518
LotSizeArea: 4750
SourceSystemID: M00000487
LeasableArea: 0
ParcelNumber: 00518-0004
ListOfficeEmail: ozanarealtygroup@gmail.com
ListAgentMlsId: 18941
ParkingFeatures: Street
Zoning: R3-2 / C1
DocumentsChangeTimestamp: 2025-03-25T19:09:25Z
Heating: Forced Air,Natural Gas
YearBuiltDetails: Approx
ConstructionMaterials: Other
ListAgentFax: 718-317-5552
MajorChangeTimestamp: 2025-03-25T19:09:24Z
Directions: Use GPS.
MLSAreaMajor: Tompkinsville
DaysOnMarket: 24
ParkingTotal: 0
StoriesTotal: 2
MLSAreaMinor: Tompkinsville
BathroomsTotalDecimal: 0
AddressLegal_co_Section: North Shore
ContractLocation_sp_Information_co_SaleLease: Sale
ContractLocation_sp_Information_co_CofO: Yes
General_sp_Property_sp_Info_co_Stories2: 2
General_sp_Property_sp_Info_co_Taxes2: 19548
General_sp_Property_sp_Info_co_Tax_sp_Abated: No
General_sp_Property_sp_Info_co_Lot_sp_Dim: 4750
General_sp_Property_sp_Info_co_Irregular: No
General_sp_Property_sp_Info_co_Condition: Excellent
Sewer_co_City3: 1
Electric_sp_Meters_co_Individual: 1
Income_sp_Expenses_co_Gross_sp_Income: 91791
Income_sp_Expenses_co_Total_sp_Expense: 37909
Income_sp_Expenses_co_Net_sp_Income: 53882
Gas_sp_Meters_co_Individual2: 1
Electric_co_220: 1
Showing_sp_Instructions_co_Call_sp_Agent: 1
Heat_sp_Source_co_Gas2: 1
Features_co_Apartment: 1
Heat_sp_System_co_Forced_sp_Air: 1
Building_sp_Info_co_Sprinklers: No
Construction_co_Other6: 1
Parking_co_Street: 1
Other Features
Has Heating System

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Amenities and Features

Other Features
Has Heating System

Listing Office Ozana Realty Group

Staten Island Board of Realtors

© 2024 Staten Island Multiple Listing Service. All rights reserved. Information deemed reliable but not guaranteed. Data last updated April 24, 2025

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