Two-Family Home with
For Sale
$1,250,000
1841 Richmond Road, Staten Island, NY 10306
A separate five-room apartment with two bedrooms complements the main residence.
Property Size3,360 SF
Price / SF$372.02
Days on Market12
Property Features for 1841 Richmond Road
General Information
Standard status
Active
Size
3,360 SF
Property subtype
Residential Income
Zoning
R3X
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$17,198
Amenities
pool
1
true
4
5
Front Yard,Back Yard
7886
79x110
0.18
Attached Carport,Asphalt,Additional Parking
3360
Building Details
Building Size
3,360 SF
Year Built
2006
Buildings
1
Stories
2
Construction
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Michael Santangelo
(917) 885-3610
Source:
Matiasrealestatenyc
Added: Oct 26
Changed: Nov 5
Last Checked: Nov 5 at 8:59AM
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.
This 3,360-square-foot, two-family Colonial includes a main residence and a separate apartment. The main home has an eat-in kitchen with an island, formal dining and living rooms, a fireplace, an office or playroom, and hardwood floors. Its bedroom layout includes a primary suite with a private bath and walk-in closets, along with three additional bedrooms and a laundry room. The property also features an in-ground pool, front and back yards, and a private driveway. The apartment has five rooms, including two bedrooms.
Located at 1841 Richmond Road in Staten Island, the property sits on a 0.18-acre lot and is zoned R3X. Built in 2006.
Located at 1841 Richmond Road in Staten Island, the property sits on a 0.18-acre lot and is zoned R3X. Built in 2006.
Key Highlights
- Two‑family property with 3,360 square feet of building area
- Separate five‑room apartment with two bedrooms
- Main residence includes three additional bedrooms and a primary suite with private bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,349
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,706,980
$1.7M
Cap Rate 7%
$1,219,271
$1.2M
Cap Rate 9%
$948,322
$948.3K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$129.0K $38.40/SF
− Vacancy
−$7.1K −$2.11/SF
EGI
$121.9K $36.29/SF
− OpEx
−$36.6K −$10.89/SF
NOI
$85.3K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,706,980
Cap Rate 7%
$1,219,271
Cap Rate 9%
$948,322
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,349 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$1.08M
$948.0K – $1.26M
NOI $75,842 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,225 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,086
Businesses Nearby
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Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
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 - A separate five-room apartment with two bedrooms complements the main residence.
Where is this duplex located?
The property is located at 1841 Richmond Road Staten Island, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑family property with 3,360 square feet of building area; Separate five‑room apartment with two bedrooms; Main residence includes three additional bedrooms and a primary suite with private bath
