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Two-Family Duplex with Detached Garage
For Sale
$875,000

69 Chelsea Street, Staten Island, NY 10307

MULTI_FAMILY - Staten Island, NY

Property Size1,936 SF
Lot Size0.08 Acres
Price / SF$451.96
Days on Market59

Property Features for 69 Chelsea Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3A
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Parking features Off Street
Basement Partially Finished, Full
Lot features Front Yard, Back Yard
Subdivision Tottenville
Standard status Active
Size 1,936 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 7908

Utilities

Sewer type Public Sewer
Heating system Steam, Natural Gas

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Building materials Aluminum Siding
Listing Agency: Keller Williams Realty Staten Island
Listed By: Noreen Giacopelli
Added: Jun 5 Changed: Jul 30 Last Checked: Aug 2 at 7:06AM
MLS# 2603152

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.

69 Chelsea Street is a two-family duplex built in 1910, set on a 0.0824-acre lot and totaling 1,936 square feet. The home features a 1-bedroom apartment over a 3-bedroom apartment, with hardwood floors in both units. The main apartment includes a living room with French doors to a formal dining room, an eat-in kitchen with granite countertops and modern cabinetry, and direct access from the kitchen to the yard. The second-floor apartment offers a living room, dining room, kitchen, 1 bedroom, and a full bath. A finished basement with new windows adds flexible space and includes a washer and dryer, built-in storage shelving, and a utilities area.

An aluminum siding exterior and public sewer service support everyday convenience. Heating is provided by steam and natural gas systems, and the detached garage features a new overhead door with remote access plus a new side entry door. The expansive driveway provides off-street parking for up to four vehicles, and the yard is described as maintenance-free with privacy trees.

Zoned R3A, the home is near waterfront parkland described as 267+ acres, scenic beaches, kayaking, and historic landmarks, with easy access to the SI Expressway, Outerbridge, and Staten Island trains and buses. The listing also notes that the sale includes stainless-steel refrigerators and stoves from both apartments plus the washer and dryer.

Key Highlights

  • 1‑bedroom apartment over a 3‑bedroom apartment in a two‑family duplex
  • Finished basement with new windows plus washer and dryer and built‑in storage shelving
  • Detached garage with a new overhead door with remote access and a new side entry door

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 $72.0k $37.20
− Vacancy −$3.2k −$1.67
EGI $68.8k $35.53
− OpEx −$20.6k −$10.66
NOI $48.1k $24.87
1,936 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$687.8K
$601.8K – $802.4K (±1% cap)
NOI $48,145 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$613.3K
$536.7K – $715.6K (±1% cap)
NOI $42,933 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$923.8K
$808.3K – $1.08M (±1% cap)
NOI $64,663 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Daycare Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

Demographics for 10307, NY

14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - R3A zoned two-family duplex with finished basement, off-street parking, and detached garage on 0.0824-acre lot.
Where is this duplex located?
The property is located at 69 Chelsea Street Staten Island, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 1‑bedroom apartment over a 3‑bedroom apartment in a two‑family duplex; Finished basement with new windows plus washer and dryer and built‑in storage shelving; Detached garage with a new overhead door with remote access and a new side entry door
More about this property
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