Search
New Construction Duplex with Natural Gas
For Sale
$1,599,000
Pending

17 Ruth Pl, Staten Island, NY 10305

Multi-level residential income property with separate electric metering, private outdoor areas, and unfinished attic storage.

Property Size3,590 SF
Lot Size0.11 Acres
Days on Market89

Property Features for 17 Ruth Pl

General Information

Standard status Pending
Size 3,590 SF
Lot size 0.11 Acres
Property subtype Multi-Family

Building Details

Year Built 2026
Buildings 1
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Fatmir Frank Selovic
Source: Statenislandhomelistings
Added: Jul 16 Changed: Oct 7 Last Checked: Oct 11 at 6:34AM

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 Robert DeFalco Realty, Inc.

Investment Insights

Based on property information with market context.

This 3,590-square-foot duplex is scheduled for completion in 2026 and includes natural gas service and a separate electric meter. The residence is arranged across multiple levels, with open living and dining areas, kitchens featuring islands, bedrooms, full bathrooms, laundry rooms, boiler rooms, and master suites with walk-in closets and private baths. Upper-level living areas open to a front balcony and a rear deck overlooking the yard. A large stand-up attic provides additional storage, while the lower level includes an open area and family room.

The property occupies a 40 x 120 lot at 17 Ruth Pl in Staten Island, New York. Exterior features include a lounge area, deck, balcony, and yard. The home is identified as new construction with quality finishes and an estimated fall delivery.

Key Highlights

  • 3,590 SF duplex on a 40 x 120 lot
  • New construction with 2026 build year
  • Natural gas service and separate electric meter

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$94,256
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,885,120 $1.9M
Cap Rate 7%
$1,346,514 $1.3M
Cap Rate 9%
$1,047,289 $1.0M
Market Conditions
NOI Build-Up for 3,590 SF
Gross rent
$146.5K $40.80/SF
− Vacancy
−$11.8K −$3.29/SF
EGI
$134.7K $37.51/SF
− OpEx
−$40.4K −$11.25/SF
NOI
$94.3K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,885,120
Cap Rate 7%
$1,346,514
Cap Rate 9%
$1,047,289

Alternative Uses

Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,256 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$1.24M
$1.08M – $1.45M (±1% cap)
NOI $86,720 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,907 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Garden Center Cafe & Coffee Shop Hotel & Motel Bar & Pub (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,387
Businesses Nearby

Demographics for 10305, NY

44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Multi-level residential income property with separate electric metering, private outdoor areas, and unfinished attic storage.
Where is this duplex located?
The property is located at 17 Ruth Pl Staten Island, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 3,590 SF duplex on a 40 x 120 lot; New construction with 2026 build year; Natural gas service and separate electric meter
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again