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Beachside Dual Detached Homes

566 Hunter Avenue Staten Island, NY 10306

566 Hunter Avenue, Staten Island, NY, 10306
$658,000
Pending
For Sale
$658,000
Pending

MULTI_FAMILY - Staten Island, NY

Property Size1,182 SF
Lot Size0.07 Acres
Days on Market99

Property Features for 566 Hunter Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Parking features
Off Street
Standard status
Pending
APN
3797-27
Size
1,182 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
1871

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas

Building Details

Year built
1945
Floors in Building
1
Number of units
2
Building materials
Vinyl Siding
Listing Agency Homes R Us Realty of NY, Inc.
111 Fingerboard Road, Staten Island, NY
Listed by Kin Wa Lam
Added: Apr 13 Checked: Jul 20 at 11:06 am
MLS# 2601929 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.

Located in the desirable Midland Beach waterfront neighborhood, this unique property features two completely detached structures, each with its own distinct character and separate address: 566 Hunter Ave and 979 Olympia Blvd. The property offers privacy, flexibility, and a rare lifestyle opportunity. The main residence at 566 Hunter Ave offers a 2-bedroom, 1-bath layout with a separate dining area and kitchen, designed for comfortable everyday living. The secondary detached home at 979 Olympia Blvd features 1 bedroom, 1 bath, its own dining area, and kitchen, creating a fully self-contained additional living space. The dual-home, dual-entry design enhances privacy while maximizing the versatility of the property. The property is a short walk away from the beach and boardwalk. Convenient access to multiple bus lines provides an easy commute to Brooklyn and Manhattan, while nearby supermarkets, restaurants, cafes, and daily essentials add ease and comfort to everyday living. The lot size is 0.07 acres, and the property size is 1182 square feet. The property is zoned R3-1. This multifamily property offers two distinct living experiences.

Key Highlights

  • Dual detached homes on one property with two separate addresses: 566 Hunter Ave and 979 Olympia Blvd
  • Main residence (566 Hunter Ave) features 2 bedrooms and 1 bathroom with a separate dining area and kitchen
  • Secondary detached home (979 Olympia Blvd) features 1 bedroom and 1 bathroom with its own dining area and kitchen

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 $45.4k $38.40
− Vacancy −$2.5k −$2.11
EGI $42.9k $36.29
− OpEx −$12.9k −$10.89
NOI $30.0k $25.40
1,182 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$428.9K
$375.3K – $500.4K (±1% cap)
NOI $30,025 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$381.1K
$333.5K – $444.7K (±1% cap)
NOI $26,680 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$564.0K
$493.5K – $658.0K (±1% cap)
NOI $39,479 @ 7.0% cap · market cap 6.00%
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 Parking Lot & Garage Computer & Electronic Repair Tech Support Center Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center

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

FAQs

What type of property is this?
Duplex - Rare property featuring two detached homes in Midland Beach.
Where is this duplex located?
The property is located at 566 Hunter Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $658,000.
What are key features of this property?
This property features: Dual detached homes on one property with two separate addresses: 566 Hunter Ave and 979 Olympia Blvd; Main residence (566 Hunter Ave) features 2 bedrooms and 1 bathroom with a separate dining area and kitchen; Secondary detached home (979 Olympia Blvd) features 1 bedroom and 1 bathroom with its own dining area and kitchen
Contact an agent
More about this property
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