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Two-Family Residential Income Home

627 Lamoka Avenue Staten Island, NY 10312

627 Lamoka Avenue, Staten Island, NY, 10312
$889,000
For Sale
$889,000

MULTI_FAMILY - Staten Island, NY

Property Size2,220 SF
Lot Size0.09 Acres
Price / SF$400.45
Days on Market48

Property Features for 627 Lamoka Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
Parking features
Garage
Interior features
A/C Unit
Standard status
Active
Size
2,220 SF
Lot size
0.09 Acres

Building Details

Year built
1970
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Wood Frame
Listing Agency MadisonEstates Sothebys Realty
1524 86th St, Brooklyn, NY
Listed by Jodi N. Gold
Added: Jun 1 Checked: Jul 18 at 5:06 am
MLS# 501885 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 residential income property is offered for sale as-is. The home sits on a 4,000 square foot lot and features a garage and driveway. Interior access includes a hallway and cozy den with a flagstone wall and surrounding fireplace, along with a laundry area and a door to the backyard. The main level includes a living room/dining room combo with hardwood floors, an eat-in kitchen, three bedrooms, and one full and one half bathroom, plus an attic running the length of the home for additional storage. Updates include brand new air conditioner and updated Anderson windows; central air can be added since ducts are already in place.

The side apartment is entered from the side of the house and offers a living area, galley kitchen, one bedroom, and one bathroom. Outside includes a private backyard with an in-ground pool that needs updating and restoration. The property is described as needing updating both inside and in the backyard. Convenient to shopping and dining, with the bus two blocks away and a subway in town nearby, and parks and schools nearby, including P.S. 42.

Key Highlights

  • 2‑family home on a 4,000 sq ft lot in Eltingville, Staten Island, sold as‑is
  • Brand new A/C unit and updated Anderson windows; central air can be added with ducts already in place
  • Hardwood and tile flooring; balcony off the large living room/dining room combo and eat‑in 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 $85.2k $38.40
− Vacancy −$6.9k −$3.10
EGI $78.4k $35.30
− OpEx −$23.5k −$10.59
NOI $54.9k $24.71
2,220 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$783.7K
$685.7K – $914.3K (±1% cap)
NOI $54,858 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$689.5K
$603.3K – $804.4K (±1% cap)
NOI $48,264 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$1.06M
$926.9K – $1.24M (±1% cap)
NOI $74,148 @ 7.0% cap · market cap 8.34%
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 Parking Lot & Garage Restaurant Spa & Massage Center Grocery & Convenience Store Building Supply Food Market Daycare Center Barber Shop

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

FAQs

What type of property is this?
Duplex - Two-family home with garage and driveway, balcony, and large yard with in-ground pool, sold as-is.
Where is this duplex located?
The property is located at 627 Lamoka Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: 2‑family home on a 4,000 sq ft lot in Eltingville, Staten Island, sold as‑is; Brand new A/C unit and updated Anderson windows; central air can be added with ducts already in place; Hardwood and tile flooring; balcony off the large living room/dining room combo and eat‑in kitchen
Contact an agent
More about this property
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