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New Two-Family Duplex with Terraces

339 Mallory Avenue Staten Island, NY 10305

339 Mallory Avenue, Staten Island, NY, 10305
$1,588,000
For Sale
$1,588,000

MULTI_FAMILY - Staten Island, NY

Property Size2,449 SF
Lot Size0.08 Acres
Price / SF$648.43
Days on Market35

Property Features for 339 Mallory Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
R3X
Bedrooms
6
Bathrooms
5
Rooms
Bathroom 2, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 6, Bathroom 3, Bedroom 3, Bathroom 5, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
Parking features
Carport, Covered
Basement
Full
Standard status
Active
Size
2,449 SF
Lot size
0.08 Acres

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air

Building Details

Year built
2026
Floors in Building
3
Number of units
2
Building materials
Stone, Vinyl Siding
Listing Agency Homes R Us Realty of NY, Inc.
111 Fingerboard Road, Staten Island, NY
Listed by Gennady Gary Papirov
Added: Jun 15 Checked: Jul 19 at 4:06 pm
MLS# 2603354 Listing URL

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.

339 Mallory Avenue presents newly constructed, natural gas-powered two-family housing configured in a distinctive 6 over 6 layout. One residence offers a multi-level setup connected directly to the open ground level, designed to provide flexible living and space arrangement. The second residence spans two private levels for a separate, modern feel. Interior finishes include custom high-end kitchens with quartz countertops, designer bathrooms, and hardwood flooring. The property also includes fully paid off solar panels and an open ground level, along with outdoor terraces in both the front and rear for private outdoor use and entertaining.

The home is located in Staten Island within zoning designated as R3X. The property includes covered parking for up to three vehicles, supporting day-to-day convenience for tenants and guests. The nearby setting includes access to transportation routes toward New York City and Brooklyn, as well as proximity to parks and the South Beach Boardwalk.

This configuration can suit buyers seeking two separate residences within a newer construction duplex, while also benefiting from the connected ground-level approach in one unit. With solar panels and covered parking already in place, it offers a practical, amenity-forward alternative to older multifamily properties, while the terrace spaces support outdoor lifestyle needs for either owner-occupants or tenants.

Key Highlights

  • New construction two‑family home at 339 Mallory Avenue, built in 2026 and currently under construction
  • 6 over 6 layout with both residences offering flexible multi‑level living configurations
  • Natural gas forced‑air heating and central air cooling; public sewer connection

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 $99.9k $40.80
− Vacancy −$8.1k −$3.29
EGI $91.9k $37.51
− OpEx −$27.6k −$11.25
NOI $64.3k $26.26
2,449 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$918.6K
$803.7K – $1.07M (±1% cap)
NOI $64,299 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$845.1K
$739.5K – $986.0K (±1% cap)
NOI $59,158 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,797 @ 7.0% cap · market cap 5.15%
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

Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Big Box & Wholesale Store Locksmith Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Bar & Pub

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

FAQs

What type of property is this?
Duplex - New natural gas-powered two-family home with a flexible 6 over 6 layout, solar, and covered parking for up to three cars.
Where is this duplex located?
The property is located at 339 Mallory Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,588,000.
What are key features of this property?
This property features: New construction two‑family home at 339 Mallory Avenue, built in 2026 and currently under construction; 6 over 6 layout with both residences offering flexible multi‑level living configurations; Natural gas forced‑air heating and central air cooling; public sewer connection
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