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Two-Family Home in Princess Bay

5775 Hylan Boulevard Staten Island, NY 10309

5775 Hylan Boulevard, Staten Island, NY, 10309
$1,100,000
For Sale
$1,100,000

MULTI_FAMILY - Staten Island, NY

Property Size2,200 SF
Lot Size0.11 Acres
Price / SF$500
Days on Market144

Property Features for 5775 Hylan Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
3
Bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Parking features
Off Street
Basement
Full, Finished
Standard status
Active
APN
06700-0013
Size
2,200 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
10514

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air

Building Details

Year built
2001
Floors in Building
3
Building materials
Brick, Vinyl Siding
Listing Agency Homes R Us Realty of NY, Inc.
111 Fingerboard Road, Staten Island, NY
Listed by Huan Kuei Lo
Added: Feb 26 Checked: Jul 20 at 11:06 am
MLS# 2600972 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.

This two-family home is located in the Princess Bay neighborhood. The property features 3 bedrooms and 4 bathrooms. The main unit has a spacious open layout with a modern kitchen, dining and living areas, and a private primary suite with full bath. A separate studio unit provides rental income, guest space, or home office flexibility. The property is located near schools, parks, shopping, restaurants, and transportation. Additional features include central air and ample parking. The lot size is 0.11 acres and the property size is 2200 square feet. The zoning is R3X.

Key Highlights

  • Two‑family home in the Princess Bay neighborhood
  • Main unit offers 3 bedrooms and 4 bathrooms, including a private primary suite with full bath
  • Separate studio unit provides additional space for rental, guests, or a home office

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 $81.8k $37.20
− Vacancy −$3.7k −$1.67
EGI $78.2k $35.53
− OpEx −$23.4k −$10.66
NOI $54.7k $24.87
2,200 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$781.6K
$683.9K – $911.8K (±1% cap)
NOI $54,710 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$697.0K
$609.8K – $813.1K (±1% cap)
NOI $48,787 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.05M
$918.5K – $1.22M (±1% cap)
NOI $73,480 @ 7.0% cap · market cap 6.68%
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 Dental Office Parking Lot & Garage Daycare Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Hair Salon Gym & Fitness Center Auto Parts Store

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

FAQs

What type of property is this?
Duplex - Two-family home in desirable Princess Bay neighborhood.
Where is this duplex located?
The property is located at 5775 Hylan Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family home in the Princess Bay neighborhood; Main unit offers 3 bedrooms and 4 bathrooms, including a private primary suite with full bath; Separate studio unit provides additional space for rental, guests, or a home office
Contact an agent
More about this property
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