Eltingville Two-Family Home
254 Lamoka Avenue, Staten Island, NY 10308
Two-family home in Eltingville with rental income potential.
Type:Multifamily
Property size:
2,600 SFPrice / SF:
$340/SF- Added:
- Mar 18, 2026
- Days on Market:
- 62
- Last Refresh:
- Mar 20 at 12:14 am
Property Features for 254 Lamoka Avenue
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing agent Sallyanne Malfi License #10301209871
Listing office Tom Crimmins Realty, Ltd.
Listing date Mar 18, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Tom Crimmins Realty, Ltd.
HighLights
- Highly desirable, central Eltingville location with easy access to trains, express buses, and the Verrazano Bridge.
- Two‑family home offering multi‑generational living or rental income potential.
- Spacious main residence with three bedrooms, including a primary bedroom with a private half bath.
- Updated kitchen and hardwood floors throughout the primary unit.
- Front and rear yards, garage, and off‑street parking in both the front and rear.
- Tankless hot water system for enhanced efficiency.
Overview
Located in Eltingville, this semi-attached two-family home offers convenience and flexibility. The property includes front and rear yards, suitable for outdoor activities. The layout is designed for multi-generational living or rental income, featuring a one-bedroom rental unit and a main residence. The primary unit includes three bedrooms, with the primary bedroom having a private half bath. Hardwood floors are present throughout the home, and the kitchen has been updated. A tankless hot water system is installed for efficiency. The property also features a garage and off-street parking in both the front and rear. The property size is 2600 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$718.4K
NOI $64,657 @ 9.00% cap · cautious / downside scenario
Moderate
$923.7K
NOI $64,657 @ 7.00% cap · market / base-case scenario
Aggressive
$1.29M
NOI $64,657 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.7k | $37.20 |
| − Vacancy | −$4.4k | −$1.67 |
| EGI | $92.4k | $35.53 |
| − OpEx | −$27.7k | −$10.66 |
| NOI | $64.7k | $24.87 |
2,600 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$923.7K
$808.2K – $1.08M
NOI $64,657 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$823.7K
$720.7K – $961.0K
NOI $57,658 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,841 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Richmond
- State
- New York
- Longitude
- -74.15956
- Latitude
- 40.549352
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FAQs
What type of property is this?
Duplex - Two-family home in Eltingville with rental income potential.
Where is this duplex located?
The property is located at 254 Lamoka Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Highly desirable, central Eltingville location with easy access to trains, express buses, and the Verrazano Bridge.; Two‑family home offering multi‑generational living or rental income potential.; Spacious main residence with **three bedrooms, including a primary bedroom with a private half bath.**
