Two-Family Duplex with Finished
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 Market45
Property Features for 69 Chelsea Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3A
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4
Parking features
Garage - Detached
Interior features
A/C Unit, Dryer, Garage Door Opener(s), Laundry Area, Refrigerator, Stove, Washer
Basement
Finished
Subdivision
Tottenville
Standard status
Active
Size
1,936 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
7908
Amenities
finished basement
washer/dryer
privacy trees
French doors
granite countertops
hardwood floors
new windows
Building Details
Year built
1910
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Masonry
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Realty Staten
(718) 766-7159
Listed By:
Noreen Giacopelli
(718) 766-7159
Added: Jun 19
Changed: Jul 30
Last Checked: Aug 2 at 7:06AM
MLS# 501965
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.
69 Chelsea Street is a two-family duplex on a 0.0824-acre lot with 1,936 square feet of interior space. The home is arranged with a 1-bedroom apartment over a 3-bedroom apartment, offering flexible layouts for multiple households. 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, three bedrooms, and an updated full bath, with hardwood flooring throughout.
The second-floor apartment features a living room, dining room, kitchen, one bedroom, and a full bath, also with hardwood flooring and natural light. A finished basement with new windows provides additional versatile space, along with a washer and dryer and an utilities area with built-in storage shelving.
The detached garage includes a new overhead door with remote access and a new side entry door, and the expansive driveway provides parking for up to four vehicles. Masonry construction with a shingle roof rounds out the property. Stainless-steel refrigerator and stoves from both apartments, plus the washer and dryer, are included in the sale. Convenient commuting access is noted to the SI Expressway, Outerbridge, and the SI trains and buses.
The second-floor apartment features a living room, dining room, kitchen, one bedroom, and a full bath, also with hardwood flooring and natural light. A finished basement with new windows provides additional versatile space, along with a washer and dryer and an utilities area with built-in storage shelving.
The detached garage includes a new overhead door with remote access and a new side entry door, and the expansive driveway provides parking for up to four vehicles. Masonry construction with a shingle roof rounds out the property. Stainless-steel refrigerator and stoves from both apartments, plus the washer and dryer, are included in the sale. Convenient commuting access is noted to the SI Expressway, Outerbridge, and the SI trains and buses.
Key Highlights
- Two‑family layout with a 1‑bedroom apartment over a 3‑bedroom apartment
- Finished basement with new windows plus washer and dryer and built‑in storage shelving
- Zoned R3A on a 0.0824‑acre lot totaling 1,936 square feet
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
NOI $48,145 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$613.3K
$536.7K – $715.6K
NOI $42,933 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$923.8K
$808.3K – $1.08M
NOI $64,663 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family duplex zoned R3A with a finished basement, detached garage, and parking for up to four vehicles.
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: Two‑family layout with a 1‑bedroom apartment over a 3‑bedroom apartment; Finished basement with new windows plus washer and dryer and built‑in storage shelving; Zoned R3A on a 0.0824‑acre lot totaling 1,936 square feet
