New Construction
For Sale
$1,750,000
16 Latham Place, Staten Island, NY 10309
Residential Income, Staten Island, NY
Property Size3,523 SF
Lot Size0.11 Acres
Price / SF$496.74
Days on Market54
Property Features for 16 Latham Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3-X
Bedrooms
5
Bathrooms
4
Full bathrooms
1
Half bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 5, Bathroom 2, Bedroom 5
Parking features
Garage, Driveway
Interior features
Walk-In Closet(s)
Basement
Full, Finished, Apartment
Lot features
Front Yard, Back Yard
Subdivision
Woodrow
Standard status
Active
APN
07026-0180
Size
3,523 SF
Lot size
0.11 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
fireplace
laundry room
finished basement
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Stone, Stucco, Vinyl Siding
Buildings
1
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Joseph Laino · License #40LA1182289
(917) 299-0393
Added: Sep 14
Changed: Oct 25
Last Checked: Nov 6 at 5:06AM
MLS# 2605195
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Under construction at 16 Latham Place, this 3,523-square-foot duplex is planned as a two-family center-hall Colonial with five bedrooms and five bathrooms. The residence includes white oak flooring, an eat-in kitchen with island, quartz countertops, stainless steel appliances, a family room fireplace, and a second-floor laundry room. A one-bedroom apartment provides additional household space or rental use, while the full finished basement expands the usable interior. A walk-in closet, spa-style shower, Anderson 400 Series windows, and a detached garage are also included.
The property occupies 0.1148 acres on a dead-end street in Staten Island and is served by public sewer. R3-X zoning, forced-air electric heating, central air, a driveway, and garage parking are part of the property profile. Completion is indicated for late 2026 or early 2027, with the property currently available for drive-by viewing only.
The property occupies 0.1148 acres on a dead-end street in Staten Island and is served by public sewer. R3-X zoning, forced-air electric heating, central air, a driveway, and garage parking are part of the property profile. Completion is indicated for late 2026 or early 2027, with the property currently available for drive-by viewing only.
Key Highlights
- 3,523‑square‑foot two‑family property on a 0.1148‑acre lot
- Five bedrooms and five bathrooms with a separate one‑bedroom apartment
- Full finished basement, detached garage, driveway, and second‑floor laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,611
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,752,220
$1.8M
Cap Rate 7%
$1,251,586
$1.3M
Cap Rate 9%
$973,456
$973.5K
Market Conditions
NOI Build-Up for 3,523 SF
Gross rent
$131.1K $37.20/SF
− Vacancy
−$5.9K −$1.67/SF
EGI
$125.2K $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%
$1,752,220
Cap Rate 7%
$1,251,586
Cap Rate 9%
$973,456
Alternative Uses
Best Use
Multifamily LT 5
$1.25M
$1.10M – $1.46M
NOI $87,611 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$1.12M
$976.6K – $1.30M
NOI $78,126 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,669 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
439
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-family design includes a separate one-bedroom apartment, finished basement, detached garage, and modern interior finishes.
Where is this duplex located?
The property is located at 16 Latham Place 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: 3,523‑square‑foot two‑family property on a 0.1148‑acre lot; Five bedrooms and five bathrooms with a separate one‑bedroom apartment; Full finished basement, detached garage, driveway, and second‑floor laundry
