Two-Family New Construction
341 Mallory Avenue Staten Island, NY 10305
341 Mallory Avenue, Staten Island, NY, 10305
$1,788,000
For Sale
$1,788,000
MULTI_FAMILY - Staten Island, NY
Property Size3,129 SF
Lot Size0.14 Acres
Price / SF$571.43
Days on Market13
Property Features for 341 Mallory Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- R3X
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 4
- Parking features
- Carport, Covered
- Exterior features
- Balcony
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,129 SF
- Lot size
- 0.14 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.
(718) 668-2550
111 Fingerboard Road, Staten Island, NY
Listed by
Gennady Gary Papirov
(917) 856-2012
Added: Jul 7 Checked: Jul 19 at 4:06 pm
MLS# 2603820
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.
341 Mallory Avenue is a newly constructed, natural gas-powered two-family home configured with an oversized 6-over-6 layout. The property includes two separate residences, each offering three bedrooms and two bathrooms, designed to provide more interior space than a typical two-family. Finishes noted in the offering include custom kitchens with quartz countertops, designer bathrooms, and hardwood flooring. The home also features fully paid-off solar panels. Additional space on the ground level is described as offering flexible possibilities for recreation, storage, or other living needs. Outside, the property sits on an oversized lot with a large private backyard suitable for entertaining or everyday use, and it is complemented by a detached garage and ample off-street parking.
Located on Staten Island in the 10305 area, the property is described as minutes from the Verrazzano Bridge, with convenient access to transportation to New York City and Brooklyn. The surrounding area is also described as close to parks, South Beach Boardwalk, and shopping and dining.
This two-family configuration can fit buyers seeking a larger-than-average new build income property with two full three-bedroom, two-bath units and substantial outdoor space. The combination of off-street parking, a detached garage, and on-site solar is included in the offering details for tenants and owner-occupants evaluating day-to-day practicality.
Located on Staten Island in the 10305 area, the property is described as minutes from the Verrazzano Bridge, with convenient access to transportation to New York City and Brooklyn. The surrounding area is also described as close to parks, South Beach Boardwalk, and shopping and dining.
This two-family configuration can fit buyers seeking a larger-than-average new build income property with two full three-bedroom, two-bath units and substantial outdoor space. The combination of off-street parking, a detached garage, and on-site solar is included in the offering details for tenants and owner-occupants evaluating day-to-day practicality.
Key Highlights
- Under construction two‑family home at 341 Mallory Avenue with YearBuilt 2026
- Two separate residences with an oversized 6‑over‑6 layout: two 3‑bedroom, 2‑bath units
- Natural gas forced‑air heating with central air cooling and public sewer
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 | $127.7k | $40.80 |
| − Vacancy | −$10.3k | −$3.29 |
| EGI | $117.4k | $37.51 |
| − OpEx | −$35.2k | −$11.25 |
| NOI | $82.2k | $26.26 |
3,129 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.03M – $1.37M
NOI $82,153 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$1.08M
$944.8K – $1.26M
NOI $75,584 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,509 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New natural gas-powered two-family home with two 3-bedroom units, detached garage, and private backyard on an oversized lot.
Where is this duplex located?
The property is located at 341 Mallory Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,788,000.
What are key features of this property?
This property features: Under construction two‑family home at 341 Mallory Avenue with YearBuilt 2026; Two separate residences with an oversized 6‑over‑6 layout: two 3‑bedroom, 2‑bath units; Natural gas forced‑air heating with central air cooling and public sewer