Six-Over-Six Multifamily
178 Parkinson Avenue Staten Island, NY 10305
178 Parkinson Avenue, Staten Island, NY, 10305
$1,388,000
For Sale
$1,388,000
MULTI_FAMILY - Staten Island, NY
Property Size3,200 SF
Lot Size0.09 Acres
Price / SF$433.75
Days on Market76
Property Features for 178 Parkinson Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- R3-2
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 5, Bedroom 6, Bedroom 4, Bedroom 5
- Parking features
- Off Street, Driveway, Carport
- Fencing
- Fenced
- Basement
- Full, Finished
- Standard status
- Active
- APN
- 03221-0003
- Size
- 3,200 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6438
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Stucco
Listing Agency
Robert DeFalco Realty, Inc.
(718) 987-7900
1678 Hylan Blvd., STATEN ISLAND, NY
Listed by
Dritan Tony Gashi
(718) 987-7900
Added: May 4 Checked: Jul 18 at 12:06 am
MLS# 2602439
Listing URL
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.
This property is a six-over-six multifamily building newly constructed for residential income use. It includes a basement level with a separate entrance and its own electric meter, providing a distinct configuration within the overall building.
Located at 178 Parkinson Avenue on Staten Island, the property is about one block from Hylan Blvd. It is also described as minutes to the Verrazzano Bridge, supporting convenient area access for tenants and guests.
For buyers or investors seeking a purpose-built residential income asset, the separate basement entrance and separate electric metering can be useful for planning how living space is allocated and managed. The property is offered under R3-2 zoning, aligning with residential multifamily development expectations in the area as presented in the listing.
Located at 178 Parkinson Avenue on Staten Island, the property is about one block from Hylan Blvd. It is also described as minutes to the Verrazzano Bridge, supporting convenient area access for tenants and guests.
For buyers or investors seeking a purpose-built residential income asset, the separate basement entrance and separate electric metering can be useful for planning how living space is allocated and managed. The property is offered under R3-2 zoning, aligning with residential multifamily development expectations in the area as presented in the listing.
Key Highlights
- 6 over 6 new construction (Year built 2025) with under‑construction status
- Basement has a separate entrance and an electric meter
- Central air and forced air heating with natural gas
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.6k | $40.80 |
| − Vacancy | −$10.5k | −$3.29 |
| EGI | $120.0k | $37.51 |
| − OpEx | −$36.0k | −$11.25 |
| NOI | $84.0k | $26.26 |
3,200 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $84,017 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$1.10M
$966.2K – $1.29M
NOI $77,299 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,881 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Six-over-six new construction with a separate basement entrance and electric meter, positioned near Hylan Blvd in Staten Island.
Where is this duplex located?
The property is located at 178 Parkinson Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: 6 over 6 new construction (Year built 2025) with under‑construction status; Basement has a separate entrance and an electric meter; Central air and forced air heating with natural gas
