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Duplex With Detached Garage
For Sale
$1,750,000

16 Latham Pl, Staten Island, NY 10309

Its two-family configuration includes a separate apartment, a finished basement, and a detached garage.

Property Size3,522 SF
Price / SF$496.88
Days on Market82

Property Features for 16 Latham Pl

General Information

Standard status Active
Size 3,522 SF
Property subtype Multi-Family

Amenities

Anderson 400 Series Windows
30 Year 3-Dimensional Roof
White Oak Hardood Flooring
Family room with Fireplace
Master bedroom with WIC and Master Bathroom
Laundry room on 2nd floor
Full finished basement
1 Bedroom Apartment
Eat-In Kitchen with White Oak Island and Cabinets
Stainless Steel Appliances
Quartz Countertops

Building Details

Year Built 2026
Construction Center Hall Colonial
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Joseph Laino · License #40LA1182289
Source: Statenislandhomelistings
Added: Aug 7 Changed: Oct 25 Last Checked: Oct 26 at 4:35PM

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 Robert DeFalco Realty, Inc.

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Investment Insights

Based on property information with market context.

This planned new-construction duplex at 16 Latham Pl in Staten Island is described as a 3,522-square-foot, five-bedroom, five-bathroom residence. The two-family layout includes a one-bedroom apartment. Interior features include white oak flooring, a family room with a fireplace, and a second-floor laundry room. A full finished basement and detached garage add to the property’s configuration.

The home is on a tree-lined dead-end street in Woodrow. Construction is scheduled for delivery in late 2026 or early 2027.

Key Highlights

  • 3,522‑square‑foot two‑family property
  • Five bedrooms and five bathrooms
  • Separate one‑bedroom apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$87,586
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,751,720 $1.8M
Cap Rate 7%
$1,251,229 $1.3M
Cap Rate 9%
$973,178 $973.2K
Market Conditions
NOI Build-Up for 3,522 SF
Gross rent
$131.0K $37.20/SF
− Vacancy
−$5.9K −$1.67/SF
EGI
$125.1K $35.53/SF
− OpEx
−$37.5K −$10.66/SF
NOI
$87.6K $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%
$1,751,720
Cap Rate 7%
$1,251,229
Cap Rate 9%
$973,178

Alternative Uses

Best Use
Multifamily LT 5
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,586 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$1.12M
$976.3K – $1.30M (±1% cap)
NOI $78,104 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,636 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Duplex - Its two-family configuration includes a separate apartment, a finished basement, and a detached garage.
Where is this duplex located?
The property is located at 16 Latham Pl Staten Island, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 3,522‑square‑foot two‑family property; Five bedrooms and five bathrooms; Separate one‑bedroom apartment
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