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New Construction Duplex with Finished Basement
For Sale
$1,324,900
Pending

226 Rathbun Avenue, Staten Island, NY 10312

Residential Income, Staten Island, NY

Property Size2,700 SF
Lot Size0.08 Acres
Days on Market117

Property Features for 226 Rathbun Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning R3X
Bedrooms 6
Bathrooms 6
Full bathrooms 4
Rooms Bedroom 3, Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 4, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 2
Parking features Off Street, On Street
Basement Finished, Full
Lot features Front Yard, Back Yard
Subdivision Annadale
Standard status Pending
APN 6264-024
Size 2,700 SF
Lot size 0.08 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Central Air

Building Details

Year built 2026
Floors in Building 2
Number of units 2
Building materials Stone, Stucco, Vinyl Siding
Listing Agency: JM Properties
Listed By: Tisha Torino
Added: Jun 15 Changed: Oct 8 Last Checked: Oct 9 at 4:06AM
MLS# 2603373

Copyright © 2026 Staten Island Board of Realtors. 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.

Scheduled for completion in 2026, this R3X-zoned duplex is planned in a 6-over-6 configuration with 2,700 square feet of property size. The design includes six bathrooms, a primary suite with its own bathroom, nine-foot ceilings, custom cabinetry, walnut oak flooring, paneled interior doors, crown molding, and central air conditioning. Stone, stucco, and vinyl siding are specified for the exterior, with forced-air electric heat.

The fully finished basement contributes appx. 1,350 sq ft of additional living space and includes access from the front and rear, several interior connection points, a rear stairway, and two 3/4 bathrooms. The property occupies 0.079 acres on a dead-end block in Annandale, with off-street and on-street parking. Public sewer service is provided, and the address is near highways, transportation, and shopping.

Key Highlights

  • 6‑over‑6 duplex configuration with 2,700 square feet of property size
  • Under construction with a 2026 year built
  • Finished basement adds appx. 1,350 sq ft of additional living space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,719
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,380 $1.3M
Cap Rate 7%
$953,129 $953.1K
Cap Rate 9%
$741,322 $741.3K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$103.7K $38.40/SF
− Vacancy
−$8.4K −$3.10/SF
EGI
$95.3K $35.30/SF
− OpEx
−$28.6K −$10.59/SF
NOI
$66.7K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,380
Cap Rate 7%
$953,129
Cap Rate 9%
$741,322

Alternative Uses

Best Use
Multifamily LT 5
$953.1K
$834.0K – $1.11M (±1% cap)
NOI $66,719 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$838.6K
$733.7K – $978.3K (±1% cap)
NOI $58,699 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,181 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Building Supply Restaurant

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 10312, NY

61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Under-construction duplex with six bathrooms, finished lower-level space, and central air conditioning.
Where is this duplex located?
The property is located at 226 Rathbun Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,324,900.
What are key features of this property?
This property features: 6‑over‑6 duplex configuration with 2,700 square feet of property size; Under construction with a 2026 year built; Finished basement adds appx. 1,350 sq ft of additional living space
More about this property
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