Renovated Two-Family
For Sale
$950,000
Pending
228 Slater Boulevard, Staten Island, NY 10305
Residential Income, Staten Island, NY
Property Size2,121 SF
Lot Size0.07 Acres
Days on Market342
Property Features for 228 Slater Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 1
Parking features
Off Street
Security features
Security System
Patio and Porch features
Deck
Lot features
Back Yard
Subdivision
Dongan Hills- Below Hylan
Standard status
Pending
APN
03713-0020
Size
2,121 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
6030
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Amenities
deck
wood burning fireplace
storage area
Building Details
Year built
1980
Floors in Building
2
Number of units
2
Building materials
Stucco, Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Kristina Gershteyn · License #40BE1131823
(917) 363-1508
Added: Nov 4, 2025
Changed: Oct 8
Last Checked: Oct 12 at 10:06PM
MLS# 2506476
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.
This two-family duplex in Staten Island offers 2,121 square feet of residential space on a 0.0714-acre lot. The upper level includes three bedrooms, a full bathroom, a bright living room, and a modern kitchen with white cabinetry, stainless steel appliances, and updated countertops. A family room opens to a deck overlooking the backyard and includes a stone wood-burning fireplace. The ground-floor apartment contains one bedroom and was renovated as well.
The property received a comprehensive renovation and features large windows, recessed lighting, updated flooring, contemporary bathroom finishes, and a mix of stucco and vinyl siding. A one-car garage, storage area, driveway, off-street parking, public sewer, natural gas, and hot-water heating add practical functionality. Built in 1980 and zoned R3-1, the property is located at 228 Slater Boulevard in Staten Island, NY 10305.
The property received a comprehensive renovation and features large windows, recessed lighting, updated flooring, contemporary bathroom finishes, and a mix of stucco and vinyl siding. A one-car garage, storage area, driveway, off-street parking, public sewer, natural gas, and hot-water heating add practical functionality. Built in 1980 and zoned R3-1, the property is located at 228 Slater Boulevard in Staten Island, NY 10305.
Key Highlights
- Two‑family duplex with 2,121 square feet of residential space
- 0.0714‑acre lot with a driveway and off‑street parking
- Upper level includes 3 bedrooms; ground‑floor apartment includes 1 bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,687
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,113,740
$1.1M
Cap Rate 7%
$795,529
$795.5K
Cap Rate 9%
$618,744
$618.7K
Market Conditions
NOI Build-Up for 2,121 SF
Gross rent
$86.5K $40.80/SF
− Vacancy
−$7.0K −$3.29/SF
EGI
$79.6K $37.51/SF
− OpEx
−$23.9K −$11.25/SF
NOI
$55.7K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,113,740
Cap Rate 7%
$795,529
Cap Rate 9%
$618,744
Alternative Uses
Best Use
Multifamily LT 5
$795.5K
$696.1K – $928.1K
NOI $55,687 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$731.9K
$640.4K – $853.9K
NOI $51,235 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.01M
$885.5K – $1.18M
NOI $70,842 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,015
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residence with a one-bedroom apartment, updated interiors, a deck, and a one-car garage.
Where is this duplex located?
The property is located at 228 Slater Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑family duplex with 2,121 square feet of residential space; 0.0714‑acre lot with a driveway and off‑street parking; Upper level includes 3 bedrooms; ground‑floor apartment includes 1 bedroom
