Duplex with Finished
New
For Sale
$850,000
1016 Rathbun Avenue, Staten Island, NY 10309
Residential, Duplex, Staten Island, NY
Property Size1,260 SF
Lot Size0.05 Acres
Price / SF$674.60
Days on Market2
Property Features for 1016 Rathbun Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
3
Bathrooms
5
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 5, Bedroom 2
Patio and Porch features
Porch, Deck
Interior features
A/C Unit - Wall, Central Air, Deck, Dishwasher, Dryer, Laundry Area, Microwave, Pool, Porch, Refrigerator, Stove, Washer
Basement
Full, Finished
Subdivision
Princess Bay
Standard status
Active
Size
1,260 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7509
Amenities
private deck
above-ground pool
side yard
second-floor laundry
Building Details
Year built
2001
Floors in Building
2
Flooring type
Hardwood, Tile
Architectural style
Other
Listing Agency:
Dorsa Group Realty
(718) 921-9012
Listed By:
Renee Dorsa · License #3195252
(347) 517-4764
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 1:06PM
MLS# 505217
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 1,260-square-foot duplex, built in 2001, has three bedrooms and a finished basement with a kitchen, bonus room, and full bathroom. The main kitchen was recently replaced and includes a pantry, dry bar, stainless-steel appliances, and space for a dining table. Hardwood and tile flooring, second-floor laundry, attic storage, and a separate basement entrance add practical features. The property occupies 0.0534 acres and is zoned R3-2.
Outdoor features include a private deck, above-ground pool, side yard, and private driveway. The home is located at 1016 Rathbun Avenue in Staten Island, NY 10309.
Outdoor features include a private deck, above-ground pool, side yard, and private driveway. The home is located at 1016 Rathbun Avenue in Staten Island, NY 10309.
Key Highlights
- 1,260 square feet on a 0.0534‑acre lot
- Three bedrooms in a duplex built in 2001
- Finished basement with kitchen, bonus room, full bathroom, and separate side entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,334
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,680
$626.7K
Cap Rate 7%
$447,629
$447.6K
Cap Rate 9%
$348,156
$348.2K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$46.9K $37.20/SF
− Vacancy
−$2.1K −$1.67/SF
EGI
$44.8K $35.53/SF
− OpEx
−$13.4K −$10.66/SF
NOI
$31.3K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,680
Cap Rate 7%
$447,629
Cap Rate 9%
$348,156
Alternative Uses
Best Use
Multifamily LT 5
$447.6K
$391.7K – $522.2K
NOI $31,334 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$399.2K
$349.3K – $465.7K
NOI $27,942 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$601.2K
$526.1K – $701.4K
NOI $42,084 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A three-bedroom residence with a finished basement, private deck, above-ground pool, and driveway.
Where is this duplex located?
The property is located at 1016 Rathbun Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1,260 square feet on a 0.0534‑acre lot; Three bedrooms in a duplex built in 2001; Finished basement with kitchen, bonus room, full bathroom, and separate side entrance
