New Construction Duplex
For Sale
$1,359,000
178 Parkinson Ave, Staten Island, NY 10305
Includes a basement with a separate entrance and electric meter near Hylan Blvd.
Property Size3,200 SF
Price / SF$424.69
Days on Market210
Property Features for 178 Parkinson Ave
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Multi-Family
Building Details
Year Built
2025
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Dritan Tony Gashi
(917) 533-8060
Source:
Statenislandhomelistings
Added: Apr 11
Changed: Nov 1
Last Checked: Nov 4 at 2:13PM
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.
Built in 2025, this 3,200-square-foot duplex property includes a basement with its own entrance and separate electric meter. The building is identified as a 6-over-6 configuration, providing a defined residential layout within a new-construction asset.
Located at 178 Parkinson Ave in Staten Island, the property sits one block from Hylan Blvd and minutes from the Verrazano Bridge. These nearby transportation references provide direct context for the property's access within the surrounding area.
Located at 178 Parkinson Ave in Staten Island, the property sits one block from Hylan Blvd and minutes from the Verrazano Bridge. These nearby transportation references provide direct context for the property's access within the surrounding area.
Key Highlights
- New construction completed in 2025
- 3,200‑square‑foot duplex property
- 6‑over‑6 configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,017
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,680,340
$1.7M
Cap Rate 7%
$1,200,243
$1.2M
Cap Rate 9%
$933,522
$933.5K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$130.6K $40.80/SF
− Vacancy
−$10.5K −$3.29/SF
EGI
$120.0K $37.51/SF
− OpEx
−$36.0K −$11.25/SF
NOI
$84.0K $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%
$1,680,340
Cap Rate 7%
$1,200,243
Cap Rate 9%
$933,522
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $84,017 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$1.10M
$966.2K – $1.29M
NOI $77,299 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,881 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,186
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Includes a basement with a separate entrance and electric meter near Hylan Blvd.
Where is this duplex located?
The property is located at 178 Parkinson Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,359,000.
What are key features of this property?
This property features: New construction completed in 2025; 3,200‑square‑foot duplex property; 6‑over‑6 configuration
