Detached Two-Family
New
For Sale
$750,000
22 Melrose Place, Staten Island, NY 10308
Residential, Staten Island, NY
Property Size1,496 SF
Lot Size0.11 Acres
Price / SF$501.34
Days on Market7
Property Features for 22 Melrose Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3A
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Garage - Detached
Basement
Full
Subdivision
Great Kill
Standard status
Active
Size
1,496 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
2581
Building Details
Year built
1940
Floors in Building
2
Number of units
2
Listing Agency:
Winzone Realty Inc
(718) 676-6611
Listed By:
Fei E. (Anny) Lin · License #10401320835
(718) 676-6622
Added: Oct 5
Changed: Oct 8
Last Checked: Oct 11 at 1:06AM
MLS# 505067
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.
Investment Insights
Based on property information with market context.
This detached duplex contains two family units and offers 1,496 square feet of building area. Built in 1940, the property requires renovation and includes a detached garage. The parcel measures 0.1148 acres, with a stated lot dimension of 50 by 100 feet, and is zoned R3A.
Located in Staten Island’s 10308 ZIP code, the property is near the S79 and S78 bus routes.
Located in Staten Island’s 10308 ZIP code, the property is near the S79 and S78 bus routes.
Key Highlights
- Two‑family detached residence with 1,496 square feet
- 0.1148‑acre parcel with stated dimensions of 50*100 feet
- Detached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,203
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,060
$744.1K
Cap Rate 7%
$531,471
$531.5K
Cap Rate 9%
$413,367
$413.4K
Market Conditions
NOI Build-Up for 1,496 SF
Gross rent
$55.7K $37.20/SF
− Vacancy
−$2.5K −$1.67/SF
EGI
$53.1K $35.53/SF
− OpEx
−$15.9K −$10.66/SF
NOI
$37.2K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,060
Cap Rate 7%
$531,471
Cap Rate 9%
$413,367
Alternative Uses
Best Use
Multifamily LT 5
$531.5K
$465.0K – $620.1K
NOI $37,203 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$473.9K
$414.7K – $552.9K
NOI $33,175 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$713.8K
$624.6K – $832.8K
NOI $49,967 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,036
Businesses Nearby
Explore this area
Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The residence requires renovation and includes a detached garage.
Where is this duplex located?
The property is located at 22 Melrose Place Staten Island, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑family detached residence with 1,496 square feet; 0.1148‑acre parcel with stated dimensions of 50*100 feet; Detached garage
