Triplex Residence with Vacant
198 Willowbrook Road Staten Island, NY 10302
For Sale
$1,088,888
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size1,440 SF
Lot Size0.06 Acres
Price / SF$756.17
Days on Market11
Property Features for 198 Willowbrook Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3X
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 3
- Parking features
- Driveway
- Pool private
- 1
- Interior features
- Walk-In Closet(s)
- Fencing
- Fenced
- Basement
- Full, Apartment
- Standard status
- Active
- APN
- 01483/93
- Size
- 1,440 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7551
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Brick, Vinyl Siding
- Architectural style
- Colonial
Listing Agency:
J Milo Real Estate
(718) 872-9300
Listed By:
Jenine Milo
(718) 872-9300
Added: Jul 16
Changed: Jul 25
Last Checked: Jul 26 at 4:06AM
MLS# 2604036
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.
198 Willowbrook Road is a well-maintained triplex-style residential income property located in Staten Island, NY, zoned R3X. The home includes a spacious three-bedroom unit with 10-foot ceilings and an open-concept living and dining area. The eat-in kitchen has been updated with stainless steel appliances, white and gray quartz countertops, a stylish peninsula, and sliding glass doors that lead to a deck overlooking the backyard.
Outside, the property features an in-ground saltwater, solar-heated pool, an awning-covered deck, and a fully fenced yard with PVC fencing. Interior improvements include newly installed luxury vinyl plank flooring throughout and Anderson windows. New pavers have been added at the front.
A fully finished partial basement includes utilities and newer tankless hot water systems for both units, along with a washer and dryer. The property also includes a studio apartment that is delivered vacant, providing flexibility for rental income or extended-family use.
Outside, the property features an in-ground saltwater, solar-heated pool, an awning-covered deck, and a fully fenced yard with PVC fencing. Interior improvements include newly installed luxury vinyl plank flooring throughout and Anderson windows. New pavers have been added at the front.
A fully finished partial basement includes utilities and newer tankless hot water systems for both units, along with a washer and dryer. The property also includes a studio apartment that is delivered vacant, providing flexibility for rental income or extended-family use.
Key Highlights
- Two‑family residence built in 2005 with three‑bedroom unit plus a studio apartment
- 10‑foot ceilings, open‑concept living/dining, and walk‑in closets
- Brand‑new eat‑in kitchen with stainless steel appliances and quartz countertops, plus sliding doors to a deck
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 | $53.6k | $37.20 |
| − Vacancy | −$2.4k | −$1.67 |
| EGI | $51.2k | $35.53 |
| − OpEx | −$15.3k | −$10.66 |
| NOI | $35.8k | $24.87 |
1,440 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$511.6K
$447.6K – $596.8K
NOI $35,810 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$456.2K
$399.2K – $532.2K
NOI $31,933 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$687.1K
$601.2K – $801.6K
NOI $48,096 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Turnkey residential income property featuring two main units plus a vacant studio apartment.
Where is this triplex located?
The property is located at 198 Willowbrook Road Staten Island, NY.
What is the asking price?
The asking price for this property is $1,088,888.
What are key features of this property?
This property features: Two‑family residence built in 2005 with three‑bedroom unit plus a studio apartment; 10‑foot ceilings, open‑concept living/dining, and walk‑in closets; Brand‑new eat‑in kitchen with stainless steel appliances and quartz countertops, plus sliding doors to a deck
