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    Townhouse-Style Two-Family Home Title is generated by Realmo AI

    218 Essex Drive, Staten Island, NY 10314

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    For Sale
    $868,000

    MULTI_FAMILY - Staten Island, NY

    Property size:
    2,200 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $394/SF
    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

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    Wei Liang (Jay) Zhen

    Listing agent Wei Liang (Jay) Zhen

    Listing office Momentum Real Estate LLC 145 New Dorp Lane, Brooklyn, NY

    Listing date Jun 24, 2026

    MLS# 502539 Listing URL

    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

    This townhouse-style two-family home offers a versatile, three-story layout designed for separate living arrangements. The first floor features a private one-bedroom unit with one full bathroom. The main residence spans the second and third floors in a duplex-style configuration, providing three generously sized bedrooms and three bathrooms, including a full bath, a half bath, and a three-quarter bath. The primary bedroom also includes its own private three-quarter bathroom.

    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
    2,200 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $857.2K
    $750.1K – $1.00M (±1% cap)
    NOI $60,005 @ 7.0% cap · market cap 6.91%
    Second Best
    Apartment 5plus
    $794.9K
    $695.5K – $927.4K (±1% cap)
    NOI $55,641 @ 7.0% cap · market cap 6.41%
    Theoretical Best
    Office A
    $1.05M
    $918.5K – $1.22M (±1% cap)
    NOI $73,480 @ 7.0% cap · market cap 8.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Hair Salon Daycare Center Big Box & Wholesale Store Electrical Service Building Supply Nail Salon (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Richmond
    State
    New York
    Longitude
    -74.15902
    Latitude
    40.579189

    FAQs

    What type of property is this?
    Duplex - Two separate living levels with private driveway and built-in garage, plus a spacious duplex-style main residence.
    Where is this duplex located?
    The property is located at 218 Essex Drive Staten Island, NY.
    What is the asking price?
    The asking price for this property is $868,000.
    What are key features of this property?
    This property features: 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)
    More about this property
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