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Two-Unit Residential Income Property
For Sale
Contact for pricing
Pending

1 Chestnut Street, Staten Island, NY 10304

Two renovated 4-bedroom apartments with tenants responsible for utilities.

Property Size2,880 SF
Days on Market543

Property Features for 1 Chestnut Street

General Information

Standard status Pending
Size 2,880 SF
Property subtype Multifamily
Zoning R3 A

Additional Details

Cap Rate 7.5%
Multifamily Units 2

Amenities

hardwood floors

Building Details

Year Built 1910
Stories 2
Listing Agency: Homefinders of SI Inc.
Listed By: Carmine Masullo · License #10311201808
Source: Crexi
Added: Mar 17, 2025 Changed: Aug 8 Last Checked: Sep 10 at 6:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homefinders of SI Inc.

Investment Insights

Based on property information with market context.

This two-unit residential income property features two separate 4-bedroom apartments. The units have been newly renovated and include hardwood floors and efficient heat and hot water combo units. Tenants pay utilities, which can help reduce owner operating expense exposure.

The property is located near transportation, supporting convenient access for residents. The owner is listing broker; please do not disturb tenants and only drive by.

The offering is described as an investment opportunity with an annual rent roll provided in the remarks.

Key Highlights

  • Year built 1910
  • Two renovated 4‑bedroom apartments
  • 88,000 annual rent roll

Property Analytics

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Current Use

RJ Gifts (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Bakery Parking Lot & Garage Computer & Electronic Repair

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,334
Businesses Nearby

Demographics for 10304, NY

46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two renovated 4-bedroom apartments with tenants responsible for utilities.
Where is this duplex located?
The property is located at 1 Chestnut Street Staten Island, NY.
What are key features of this property?
This property features: Year built 1910; Two renovated 4‑bedroom apartments; 88,000 annual rent roll
(917) 750-5550 Call to check price and availability
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