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Back 5458 Van Riper Street
Off Market

5458 Van Riper Street

New York NY 10302

12
4
3472 sq. ft.
8888 sq. ft.
Duplex
Last sold for $1,350,000
Dawn NasellaDawn Nasella, last sold this property on 22 June 2026 after 48 days on market.

Overview

Prime Four-Unit Investment with Expansion Potential - Port Richmond, Staten Island Rare opportunity to acquire two detached two-family buildings on an oversized 88 x 101 lot in the highly accessible Port Richmond section of Staten Island. Ideally positioned near major shopping corridors, public transportation, and key highway and bridge access points, this property is well-suited for both immediate cash flow and long-term value creation. Each building features two spacious five-room apartments, currently configured as 2-bedroom units with the potential for 3-bedroom layouts. Additional value is supported by full basements and walk-up attics, offering storage or future conversion possibilities. Projected gross annual income ranges from approximately 127,200 to 168,000, with estimated net income between 104,841 and 145,741 depending on final unit configuration—delivering an attractive projected cap rate between 7 and 10. Situated on a C2-1, R3-2, and R3A zoned lot, this property presents a compelling opportunity for expansion or redevelopment. With proper architectural planning, investors may unlock additional unit density and significantly increase overall returns. Property is being sold as-is and will be delivered fully vacant at closing, providing a clean slate for repositioning, renovation, or redevelopment.

Features

12 bedrooms
4 bathrooms
3472 sq. ft. floor area
8888 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 12 bedroom duplexes sold in New York over the last 12 months.

Property history for 5458 Van Riper Street

2026
Sold
$1,350,000
22 Jun 2026 by Dawn Nasella, of Martino Realty Group

Happy sellers in New York

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We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.

Local market activity for 12 bedroom duplexes in New York

Nearby agents

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