Staten Island Two-Family
256 Westervelt Avenue Staten Island, NY 10301
For Sale
$698,000
MULTI_FAMILY - Staten Island, NY
Property Size1,628 SF
Lot Size0.06 Acres
Price / SF$428.75
Days on Market122
Property Features for 256 Westervelt Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3A
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3
Basement
Finished
Standard status
Active
Size
1,628 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
4917
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Wood Frame
Architectural style
Colonial
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Meijuan (Minnie) Lin · License #10401310408
(718) 382-0001
Added: Mar 28
Changed: Jul 11
Last Checked: Jul 27 at 4:06PM
MLS# 500051
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 well-maintained two-family home is located in Staten Island. The first-floor unit features 2 bedrooms and 1 full bathroom. The second-floor unit also offers 2 bedrooms and 1 full bathroom, along with access to attic space. The home includes a fully finished basement. Front parking accommodates up to 2 cars. The property is located minutes from the Staten Island Ferry for commuting to Manhattan and close to Empire Outlets for shopping. It also offers easy access to a variety of restaurants. The lot size is 0.0585 acres and the property size is 1628 square feet.
Key Highlights
- 2‑family home built in 1920 with Colonial architectural style
- Wood frame construction with hardwood flooring
- Each floor features 2 bedrooms and 1 full bathroom (1st and 2nd units)
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 | $60.6k | $37.20 |
| − Vacancy | −$2.7k | −$1.67 |
| EGI | $57.8k | $35.53 |
| − OpEx | −$17.4k | −$10.66 |
| NOI | $40.5k | $24.87 |
1,628 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$578.4K
$506.1K – $674.8K
NOI $40,485 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$515.8K
$451.3K – $601.7K
NOI $36,103 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$776.8K
$679.7K – $906.3K
NOI $54,376 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-family home near Staten Island Ferry.
Where is this duplex located?
The property is located at 256 Westervelt Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: 2‑family home built in 1920 with Colonial architectural style; Wood frame construction with hardwood flooring; Each floor features 2 bedrooms and 1 full bathroom (1st and 2nd units)
