Residential Income Duplex with
140 Regis Drive Staten Island, NY 10314
For Sale
$738,000
Pending
Corner-lot duplex with a large rear terrace, yard area, and dedicated off-street parking via carport.
Property Size1,896 SF
Days on Market38
Property Features for 140 Regis Drive
General Information
- Standard status
- Pending
- Size
- 1,896 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1965
Listing Agency:
Keller Williams Realty Greater
(516) 873-7100
Listed By:
David W. Castle
(516) 873-7100
Source:
Compass
Added: Jun 19
Changed: Jul 21
Last Checked: Jul 25 at 10:34AM
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 Keller Williams Realty Greater
Investment Insights
Based on property information with market context.
140 Regis Drive is a Staten Island corner-lot residential income duplex featuring multiple separate living areas and outdoor space. The front portion includes a first-floor entry hallway and a utility/mechanical area with a garage conversion, leading to an upper front living area with a spacious living room, dining area, kitchen, bathroom, multiple rooms, and access to a large rear terrace/deck. This upper section is described as livable and functional while also offering opportunity for updates and future improvements.
The rear portion provides a separate arrangement with a den/bedroom, bedroom, living/dining area, kitchen, and bathroom, supporting flexible use within the property. Exterior amenities include a large rear deck/terrace, yard space, and a designated above-ground pool area, along with dedicated mechanical/utility space.
A dedicated carport provides off-street parking for everyday convenience. The property is noted as being near Richmond Avenue transportation options, local shopping and dining, everyday conveniences, and Staten Island Mall, with nearby bus routes offering access across Staten Island, including connections toward the St. George Ferry area.
The rear portion provides a separate arrangement with a den/bedroom, bedroom, living/dining area, kitchen, and bathroom, supporting flexible use within the property. Exterior amenities include a large rear deck/terrace, yard space, and a designated above-ground pool area, along with dedicated mechanical/utility space.
A dedicated carport provides off-street parking for everyday convenience. The property is noted as being near Richmond Avenue transportation options, local shopping and dining, everyday conveniences, and Staten Island Mall, with nearby bus routes offering access across Staten Island, including connections toward the St. George Ferry area.
Key Highlights
- Corner‑lot duplex with multiple living areas across main/front and rear sections
- Upper level includes living room, dining area, open kitchen, bathroom, and access to a large rear terrace/deck
- Rear section offers a separate living arrangement with den/bedroom, bedroom, living/dining area, kitchen, and bathroom
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 | $77.4k | $40.80 |
| − Vacancy | −$3.5k | −$1.84 |
| EGI | $73.9k | $38.96 |
| − OpEx | −$22.2k | −$11.69 |
| NOI | $51.7k | $27.27 |
1,896 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$738.8K
$646.4K – $861.9K
NOI $51,713 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$685.0K
$599.4K – $799.2K
NOI $47,952 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$904.7K
$791.6K – $1.06M
NOI $63,327 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Corner-lot duplex with a large rear terrace, yard area, and dedicated off-street parking via carport.
Where is this duplex located?
The property is located at 140 Regis Drive Staten Island, NY.
What is the asking price?
The asking price for this property is $738,000.
What are key features of this property?
This property features: Corner‑lot duplex with multiple living areas across main/front and rear sections; Upper level includes living room, dining area, open kitchen, bathroom, and access to a large rear terrace/deck; Rear section offers a separate living arrangement with den/bedroom, bedroom, living/dining area, kitchen, and bathroom
