218 Essex Drive, Staten Island, NY 10314
MULTI_FAMILY - Staten Island, NY
- Added:
- Jun 24, 2026
- Days on Market:
- 15
- Last Refresh:
- Jul 8 at 9:06 am
Property Features for 218 Essex Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
- Parking features
- Garage
- Interior features
- Central Air
- Standard status
- Active
- Size
- 2,200 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7222
Building Details
- Year built
- 2001
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
Listing agent Wei Liang (Jay) Zhen (718) 382-0001
Listing office Momentum Real Estate LLC 145 New Dorp Lane, Brooklyn, NY (718) 382-0001
Listing date Jun 24, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Townhouse‑style 2‑family home with a 3‑story layout for flexible living arrangements
- First floor: private 1‑bedroom with 1 full bathroom unit
- Main residence (2nd/3rd floors): 3 bedrooms and 3 bathrooms (1 full, 1 half, 1 three‑quarter)
- Primary bedroom includes a private 3/4 bathroom
- Central air, brick construction, and hardwood flooring
- Private driveway with built‑in garage
Overview
Located on Staten Island, the property is described as being within a short distance of Staten Island Mall and nearby shopping, restaurants, transportation, and everyday essentials.
For buyers or tenants seeking flexibility, the arrangement supports an owner-occupied setup with an additional income-producing unit on the first floor. The private driveway and built-in garage add practical day-to-day convenience, while the duplex-style upper levels provide substantial space for household use within the main residence.
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 | $89.8k | $40.80 |
| − Vacancy | −$4.0k | −$1.84 |
| EGI | $85.7k | $38.96 |
| − OpEx | −$25.7k | −$11.69 |
| NOI | $60.0k | $27.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.15902
- Latitude
- 40.579189