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Staten Island Two-Family Property

1580 Castleton Avenue Staten Island, NY 10302

1580 Castleton Avenue, Staten Island, NY, 10302
$718,000
Pending
For Sale
$718,000
Pending

MULTI_FAMILY - Colonial - Staten Island, NY

Property Size1,882 SF
Lot Size0.04 Acres
Days on Market140

Property Features for 1580 Castleton Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
8
Bathrooms
1
Rooms
Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 1, Basement
Window features
Screens, Double Pane Windows
Interior features
Original Details, Storage, Washer/Dryer Hookup
Basement
Partial
Standard status
Pending
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
4940

Utilities

Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1899
Number of units
2
Flooring type
Combination, Vinyl
Building materials
Brick, Frame
Architectural style
Colonial
Additional Structures
Storage
Listing agency E Realty International Corp
Listed by Yanjuan Chen · License #10401388737
Added: Mar 4 Updated: Jul 17 at 9:20PM Checked: Jul 22 at 1:06PM
MLS# 967338

Copyright © 2026 OneKey MLS. 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 two-family detached property is located in Staten Island and features approximately 1882 square feet of living space, along with a finished attic and a full basement. The property includes a recently updated boiler and hot water heater. The property is being sold as-is and is in need of renovation. One unit is currently tenant-occupied on a month-to-month basis. The lot size is 0.0432 acres. This property presents an opportunity for investors or end-users. It is conveniently located near transportation, shopping, and schools.

Key Highlights

  • Two‑family detached home with approximately 1,882 sq. ft., finished attic, and full basement
  • Tenant‑occupied month‑to‑month unit currently in place
  • Recently updated boiler and hot water heater

Local 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 $70.0k $37.20
− Vacancy −$3.2k −$1.67
EGI $66.9k $35.53
− OpEx −$20.1k −$10.66
NOI $46.8k $24.87
1,882 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$668.6K
$585.0K – $780.0K (±1% cap)
NOI $46,802 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$596.2K
$521.7K – $695.6K (±1% cap)
NOI $41,735 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$898.0K
$785.7K – $1.05M (±1% cap)
NOI $62,859 @ 7.0% cap · market cap 8.75%
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 Real Estate Agency Dental Office Parking Lot & Garage Accounting Firm Carpet & Flooring Store Catering Service Florist (Bike/Boat/Book/etc) Store Bed & Breakfast

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

FAQs

What type of property is this?
Duplex - Two-family property in need of renovation, great for investors.
Where is this duplex located?
The property is located at 1580 Castleton Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $718,000.
What are key features of this property?
This property features: Two‑family detached home with approximately 1,882 sq. ft., finished attic, and full basement; Tenant‑occupied month‑to‑month unit currently in place; Recently updated boiler and hot water heater
Contact an agent
More about this property
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