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Move-In-Ready Single-Family Home

502 Melba Street Staten Island, NY 10314

502 Melba Street, Staten Island, NY, 10314
$799,999
For Sale
$799,999

SINGLE_FAMILY - Colonial - Staten Island, NY

Property Size1,154 SF
Lot Size0.06 Acres
Price / SF$693.24
Days on Market63

Property Features for 502 Melba Street

General Information

Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 3
Parking features
Off Street
Patio and Porch features
Deck
Basement
Finished, Full
Appliances
Dishwasher
Standard status
Active
APN
0801-0029
Size
1,154 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
7806

Utilities

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

Building Details

Year built
2019
Floors in Building
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency Homes R Us Realty of NY, Inc.
111 Fingerboard Road, Staten Island, NY
Listed by Huan Kuei Lo
Added: May 19 Checked: Jul 20 at 11:06 am
MLS# 2602752 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.

Move-in-ready colonial-style single-family home offering 3 bedrooms and 3.5 bathrooms, plus a fully finished basement for additional living and entertaining space. The home features 9-foot ceilings throughout, helping create a bright, open feel, and it includes a beautifully paved backyard suitable for outdoor gatherings.

Located in Richmond County, this property is listed in zoning R3-1 and is described as conveniently close to major highways, shopping, dining, and transportation, supporting everyday accessibility.

The property is identified as 502 Melba Street, Staten Island, NY 10314, with a listed size of 1,154 square feet and a lot size of 0.06 acres.

Key Highlights

  • Move‑in‑ready home at 502 Melba St, Staten Island
  • Under construction; built in 2019
  • 3 bedrooms and 3.5 bathrooms with a fully finished basement

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 $47.1k $40.80
− Vacancy −$2.1k −$1.84
EGI $45.0k $38.96
− OpEx −$13.5k −$11.69
NOI $31.5k $27.27
1,154 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$449.6K
$393.4K – $524.6K (±1% cap)
NOI $31,475 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$416.9K
$364.8K – $486.4K (±1% cap)
NOI $29,186 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$550.6K
$481.8K – $642.4K (±1% cap)
NOI $38,544 @ 7.0% cap · market cap 4.82%
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

Real Estate Agency Building Supply Auto Repair Shop Electrical Service Auto Parts Store Kitchen & Bath Showroom Daycare Center Furniture & Home Goods Big Box & Wholesale Store Plumbing Service

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

FAQs

What type of property is this?
Duplex - Move-in-ready single-family home with 3 bedrooms, 3.5 bathrooms, a finished basement, and a paved backyard.
Where is this duplex located?
The property is located at 502 Melba Street Staten Island, NY.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Move‑in‑ready home at 502 Melba St, Staten Island; Under construction; built in 2019; 3 bedrooms and 3.5 bathrooms with a fully finished basement
Contact an agent
More about this property
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