Duplex with Legal Basement
New
For Sale
$1,299,999
129 Ramapo Avenue, Staten Island, NY 10309
Residential Income, Staten Island, NY
Property Size2,700 SF
Lot Size0.08 Acres
Price / SF$481.48
Days on Market3
Property Features for 129 Ramapo Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
5
Bathrooms
4
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 1
Parking features
Off Street, Driveway
Patio and Porch features
Deck
Interior features
Walk-In Closet(s)
Basement
Full, Finished
Lot features
Back Yard
Subdivision
Huguenot
Standard status
Active
APN
06894-0593
Size
2,700 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
13000
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Nicole Molinini · License #40MO1063271
(917) 940-9196
Added: Oct 15
Changed: Oct 17
Last Checked: Oct 17 at 2:06PM
MLS# 2605846
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.
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Investment Insights
Based on property information with market context.
Built in 2026, this 2,700-square-foot Colonial is configured as a two-family home. The main residence has four bedrooms, a combined living and dining area, an eat-in kitchen with an island, and a family room with sliding doors to the yard. A legal one-bedroom apartment occupies the basement level, alongside a finished recreation room. The upper floor includes a primary bedroom with a walk-in closet, three additional bedrooms, laundry, and attic storage. The property also has central air, electric heat, a deck, and off-street driveway parking.
The 0.0803-acre property is zoned R3X and served by public sewer.
The 0.0803-acre property is zoned R3X and served by public sewer.
Key Highlights
- Two‑family property with a legal one‑bedroom basement apartment
- 2,700 square feet on a 0.0803‑acre lot
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,144
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,342,880
$1.3M
Cap Rate 7%
$959,200
$959.2K
Cap Rate 9%
$746,044
$746.0K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$100.4K $37.20/SF
− Vacancy
−$4.5K −$1.67/SF
EGI
$95.9K $35.53/SF
− OpEx
−$28.8K −$10.66/SF
NOI
$67.1K $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%
$1,342,880
Cap Rate 7%
$959,200
Cap Rate 9%
$746,044
Alternative Uses
Best Use
Multifamily LT 5
$959.2K
$839.3K – $1.12M
NOI $67,144 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$855.4K
$748.4K – $997.9K
NOI $59,875 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,181 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
381
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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living spaces include a four-bedroom main residence and a one-bedroom apartment.
Where is this duplex located?
The property is located at 129 Ramapo Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Two‑family property with a legal one‑bedroom basement apartment; 2,700 square feet on a 0.0803‑acre lot; Built in 2026
