Move-In-Ready Single-Family
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.
(718) 668-2550
111 Fingerboard Road, Staten Island, NY
Listed by
Huan Kuei Lo
(718) 668-2550
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.
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
NOI $31,475 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$416.9K
$364.8K – $486.4K
NOI $29,186 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$550.6K
$481.8K – $642.4K
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
Similar For Sale Nearby
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