Van Duzer Value Add

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

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.​

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Prime Location for Value-Add

386-388 Van Duzer Street is a compelling value-add investment situated in Staten Island’s North Shore, an area undergoing significant revitalization fueled by both public and private investment. The property benefits from strong rental demand, transit accessibility, and proximity to key developments, making it an ideal repositioning opportunity. With under-market rents and strategic operational enhancements, investors can capitalize on substantial NOI growth and long-term appreciation.

Key Travel Distances:

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  St. George Terminal (Ferry to Manhattan): 1.2 miles | Train: 3 min | Bus: 12 min | Driving: 7 min

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  Empire Outlets & Staten Island Ballpark: 1.2 miles | Train: 3 min | Bus: 12 min | Driving: 7 min

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  URBY Staten Island: 0.8 miles | Walking: 15 min | Driving: 5 min

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  Bay Street Corridor: 0.7 miles | Walking: 12 min | Driving: 3 min

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  Verrazano-Narrows Bridge (Brooklyn Access): 6.5 miles | Bus: 30 min | Driving: 18 min

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  Goethals Bridge (New Jersey Access): 10.5 miles | Bus: 45 min | Driving: 22 min

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  Manhattan (via Staten Island Ferry): 6.5 miles | Train: 3 min + 25 min ferry | Bus: 12 min + 25 min ferry

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  Staten Island Expressway (I-278) Entrance: 3.5 miles | Bus: 25 min | Driving: 12 min

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  Closest Bus Stop: 0.1 miles | Walking: 2 min

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  Clifton Train Station (SIR): 0.5 miles | Walking: 10 min

This property is ideally positioned to benefit from the ongoing transformation of Staten Island’s North Shore, offering investors a high-upside rental strategy with immediate value-add potential.