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Two-Family Colonial with Finished Basement

48 N Railroad Street Staten Island, NY 10312

48 N Railroad Street, Staten Island, NY, 10312
$1,299,999
For Sale
$1,299,999

MULTI_FAMILY - Colonial - Staten Island, NY

Property Size2,750 SF
Lot Size0.09 Acres
Price / SF$472.73
Days on Market33

Property Features for 48 N Railroad Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3X
Bedrooms
6
Bathrooms
7
Rooms
Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 7, Bedroom 3, Bathroom 6, Bathroom 3, Bathroom 5, Bedroom 6, Bedroom 4, Bedroom 5
Parking features
Off Street, On Street, Carport
Basement
Full, Finished
Standard status
Active
Size
2,750 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
12000

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
Vinyl Siding
Architectural style
Colonial
Listing Agency Robert DeFalco Realty, Inc.
1678 Hylan Blvd., STATEN ISLAND, NY
Listed by Nicole Molinini · License #40MO1063271
Added: Jun 19 Updated: Jul 10 at 9:57 pm Checked: Jul 21 at 1:06 am
MLS# 2603475 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.

New construction two-family colonial-style home configured as a 6-over-6 layout, built with three meters to support setup for a future additional dwelling unit at the basement level. Each unit includes three bedrooms, with a master bedroom featuring a 3/4 bath and a walk-in closet. Living and dining spaces are combined, with an island EIK and a choice of granite or quartz countertop finishes. Hardwood floors run throughout, and the home includes ample closet space. A full finished basement features a 3/4 bath and access to the yard, with the front portion prepped for an ADU and the back portion offering a large recreation room with side access.

The property is located on a treelined block and is described as conveniently positioned for shopping and transportation. Zoning is listed as R-3X.

This setup can suit buyers looking for an owner-occupied duplex with multiple bedroom units and a fully finished basement, while also providing basement-level preparation for a potential additional dwelling unit. The combination of dedicated living areas, in-unit laundry, and basement connectivity to outdoor space supports a flexible residential income and living configuration.

Key Highlights

  • New construction 2026 two‑family home set up as 6 over 6
  • Each unit features 3 bedrooms, with a master bedroom plus 3/4 bath and WIC
  • Full finished basement includes a 3/4 bath and access to the yard; front entry area prepped for ADU

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 $105.6k $38.40
− Vacancy −$8.5k −$3.10
EGI $97.1k $35.30
− OpEx −$29.1k −$10.59
NOI $68.0k $24.71
2,750 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$970.8K
$849.4K – $1.13M (±1% cap)
NOI $67,955 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$854.1K
$747.3K – $996.4K (±1% cap)
NOI $59,786 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,851 @ 7.0% cap · market cap 7.07%
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

Law Firm Real Estate Agency Restaurant Parking Lot & Garage Grocery & Convenience Store Building Supply Food Market Daycare Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Newly built two-family residence offers 6-over-6 style living with finished basement and flexible ADU setup.
Where is this duplex located?
The property is located at 48 N Railroad Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: New construction 2026 two‑family home set up as 6 over 6; Each unit features 3 bedrooms, with a master bedroom plus 3/4 bath and WIC; Full finished basement includes a 3/4 bath and access to the yard; front entry area prepped for ADU
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