Two-Family Residential Income
653 Hylan Boulevard Staten Island, NY 10305
For Sale
$1,275,000
MULTI_FAMILY - Ranch - Staten Island, NY
Property Size2,440 SF
Lot Size0.09 Acres
Price / SF$522.54
Days on Market31
Property Features for 653 Hylan Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3-1
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 2, Bathroom 2
- Parking features
- Driveway, Garage, Off Street
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 53035-0062
- Size
- 2,440 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9262
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1975
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding
- Architectural style
- Ranch
Listing Agency:
Red Door Realty Group
(718) 987-3667
Listed By:
Daniel Fausak
(718) 987-3667
Added: Jun 26
Changed: Jul 24
Last Checked: Jul 26 at 8:06AM
MLS# 2603622
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.
Detached, oversized two-family home offered for sale in a central Grasmere neighborhood. The property is positioned on a 0.0918-acre lot and has an overall size of 2,440 square feet, and it is being sold as-is with all contents included. With zoning listed as R3-1, this residence offers a straightforward duplex configuration for owner-occupants or investors.
The address provides convenient access to major regional routes, including the Staten Island Expressway and the Verrazzano-Narrows Bridge. Public transportation options with express and local bus service to Manhattan are described as being steps away, and the surrounding area includes local amenities, schools, parks such as Brady’s Pond Park, and retail along Hylan Boulevard.
The address provides convenient access to major regional routes, including the Staten Island Expressway and the Verrazzano-Narrows Bridge. Public transportation options with express and local bus service to Manhattan are described as being steps away, and the surrounding area includes local amenities, schools, parks such as Brady’s Pond Park, and retail along Hylan Boulevard.
Key Highlights
- Detached ranch‑style two‑family home built in 1975 with brick and vinyl siding exterior
- Central air plus natural gas forced‑air heating
- Public sewer
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 | $99.6k | $40.80 |
| − Vacancy | −$8.0k | −$3.29 |
| EGI | $91.5k | $37.51 |
| − OpEx | −$27.5k | −$11.25 |
| NOI | $64.1k | $26.26 |
2,440 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$915.2K
$800.8K – $1.07M
NOI $64,063 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$842.0K
$736.8K – $982.4K
NOI $58,941 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,497 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
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FAQs
What type of property is this?
Duplex - Detached two-family home on a 0.0918-acre lot, sold as-is with all contents included.
Where is this duplex located?
The property is located at 653 Hylan Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Detached ranch‑style two‑family home built in 1975 with brick and vinyl siding exterior; Central air plus natural gas forced‑air heating; Public sewer
