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Semi-Detached Duplex with Finished Basement
For Sale
$720,000

17 Federal Place, Staten Island, NY 10303

MULTI_FAMILY - Staten Island, NY

Property Size2,160 SF
Lot Size0.05 Acres
Price / SF$333.33
Days on Market963

Property Features for 17 Federal Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Interior features Refrigerator, Stove
Subdivision Mariners Harbor
Standard status Active
Size 2,160 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 4200

Building Details

Year built 2012
Floors in Building 3
Number of units 2
Flooring type Hardwood
Building materials Masonry
Listing Agency: Momentum Real Estate LLC
Listed By: Kevin Lam · License #KL3175
Added: Dec 13, 2023 Changed: Jul 30 Last Checked: Aug 2 at 1:06AM
MLS# 478760

Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 semi-detached, 3-story, two-family duplex was built in 2012 and offers two separate living spaces within one masonry structure. The home includes a fully finished basement and a private driveway designed to support parking and storage needs.

The front family unit is laid out across the first through third levels, with living areas on the first level, a second level featuring a living room, dining area, kitchen, and a full bathroom, and a third level with three bedrooms and additional full-bath space. The rear family unit provides separate living with a kitchen/living room combination, a dining area, one bedroom, and a full bathroom.

Interior finishes include hardwood flooring, and the property features a refrigerator and stove. The listing notes the property must be purchased with the current two tenants.

Zoned R5, the lot measures 0.0528 acres and the property size is 2,160 square feet.

Key Highlights

  • R5 zoned duplex on a 0.0528‑acre lot
  • Semi‑detached 3‑story, 2‑family layout with separate rear unit
  • Fully finished basement plus private driveway for parking and storage

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 $80.4k $37.20
− Vacancy −$3.6k −$1.67
EGI $76.7k $35.53
− OpEx −$23.0k −$10.66
NOI $53.7k $24.87
2,160 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$767.4K
$671.4K – $895.3K (±1% cap)
NOI $53,715 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$684.3K
$598.8K – $798.3K (±1% cap)
NOI $47,900 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$1.03M
$901.8K – $1.20M (±1% cap)
NOI $72,144 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby

Demographics for 10303, NY

28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - R5 zoned, 3-story, two-family semi-detached duplex built in 2012 with a private driveway and fully finished basement.
Where is this duplex located?
The property is located at 17 Federal Place Staten Island, NY.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: R5 zoned duplex on a 0.0528‑acre lot; Semi‑detached 3‑story, 2‑family layout with separate rear unit; Fully finished basement plus private driveway for parking and storage
More about this property
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