Two-Family Duplex with ADU-Ready
For Sale
$1,399,999
Pending
178 N Railroad Street, Staten Island, NY 10312
MULTI_FAMILY - Staten Island, NY
Property Size3,036 SF
Lot Size0.10 Acres
Days on Market199
Property Features for 178 N Railroad Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-3X
Bedrooms
6
Bathrooms
7
Full bathrooms
5
Rooms
Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 2, Bathroom 7
Parking features
Carport, On Street, Off Street
Basement
Finished, Full
Lot features
Back Yard
Subdivision
Annadale
Standard status
Pending
APN
06279-0166
Size
3,036 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
13000
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
2025
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Nicole Molinini · License #40MO1063271
(718) 987-7900
Added: Feb 6
Changed: Aug 2
Last Checked: Aug 24 at 8:06PM
MLS# 2600682
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.
Investment Insights
Based on property information with market context.
New construction two-family duplex built in 2025, presenting a custom colonial appearance while configured as a six-over-six. The property includes two living levels plus a full finished basement with a 3/4 bath, yard access, and front entry prepped for a future ADU. The basement also features a large recreation room with side access.
Each unit is set up with three bedrooms, including a master bedroom with a 3/4 bath and walk-in closet, along with a living/dining combo, island EIK, full bath, and laundry. The home includes hardwood floors throughout and ample closet space. Vinyl siding is noted, with electric forced-air heating and central air conditioning.
The site is 0.0987 acres (3,036 SF) and is served by public sewer. Parking is available via carport, on-street, and off-street options. The duplex is situated on a treelined block and positioned for convenient access to shopping and transportation.
Each unit is set up with three bedrooms, including a master bedroom with a 3/4 bath and walk-in closet, along with a living/dining combo, island EIK, full bath, and laundry. The home includes hardwood floors throughout and ample closet space. Vinyl siding is noted, with electric forced-air heating and central air conditioning.
The site is 0.0987 acres (3,036 SF) and is served by public sewer. Parking is available via carport, on-street, and off-street options. The duplex is situated on a treelined block and positioned for convenient access to shopping and transportation.
Key Highlights
- 0.0987‑acre site (3,036 SF) Duplex built in 2025
- R‑3X zoning with electric forced‑air heat and central air
- Two units each include three bedrooms, master with 3/4 bath and WIC
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$75,022
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,500,440
$1.5M
Cap Rate 7%
$1,071,743
$1.1M
Cap Rate 9%
$833,578
$833.6K
Market Conditions
NOI Build-Up for 3,036 SF
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.
Gross rent
$116.6K $38.40/SF
− Vacancy
−$9.4K −$3.10/SF
EGI
$107.2K $35.30/SF
− OpEx
−$32.2K −$10.59/SF
NOI
$75.0K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,500,440
Cap Rate 7%
$1,071,743
Cap Rate 9%
$833,578
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$937.8K – $1.25M
NOI $75,022 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$942.9K
$825.1K – $1.10M
NOI $66,004 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,403 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - New construction two-family duplex in R-3X zoning with central air, a finished basement, and ADU-ready front entry.
Where is this duplex located?
The property is located at 178 N Railroad Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: 0.0987‑acre site (3,036 SF) Duplex built in 2025; R‑3X zoning with electric forced‑air heat and central air; Two units each include three bedrooms, master with 3/4 bath and WIC
