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    Eltingville Two-Family Home Opportunity Title is generated by Realmo AI

    254 Lamoka Avenue, Staten Island, NY 10308

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    Claim this Listing
    Pending
    $885,000

    MULTI_FAMILY - Staten Island, NY

    Property size:
    2,600 SF
    Lot size:
    0.08 Acres
    Added:
    Mar 17, 2026
    Days on Market:
    114
    Last Refresh:
    Jul 8 at 9:06 am

    Property Features for 254 Lamoka Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R3-1
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
    Parking features
    Off Street, Open, On Street
    Patio and Porch features
    Patio
    Interior features
    Ceiling Fan(s)
    Exterior features
    Balcony
    Fencing
    Fenced
    Standard status
    Pending
    Size
    2,600 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6557

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    2
    Number of units
    1
    Building materials
    Vinyl Siding

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    Contact an agent
    Sallyanne Malfi

    Listing agent Sallyanne Malfi

    Listing office Robert DeFalco Realty, Inc. 1678 Hylan Blvd., STATEN ISLAND, NY

    Listing date Mar 17, 2026

    MLS# 2601360 Listing URL

    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.

    HighLights

    • Two‑family semi‑attached home built in 1970 with an oversized corner lot
    • Main unit has 3 bedrooms plus a private half bath in the primary bedroom
    • One‑bedroom rental unit for multi‑generational living or potential rental income
    • Central air cooling and forced‑air natural gas heating
    • Updated kitchen plus tankless hot water system
    • Front and rear yards, balcony and patio, fenced, with a garage and off‑street parking

    Overview

    This oversized, semi-attached two-family home is located in a central Eltingville location, offering convenience and flexibility. The property provides easy access to trains, express buses, and the Verrazano Bridge. It features both front and rear yards, suitable for outdoor activities. The layout is designed for multi-generational living or rental income, with a one-bedroom rental unit and a main residence. The primary unit includes three bedrooms, with the primary bedroom featuring 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 and comfort. The property includes a garage and off-street parking in both the front and rear. The lot size is 0.08 acres, and the property size is 2600 square feet. The zoning is R3-1.

    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 $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 Uses

    Best Use
    Multifamily LT 5
    $923.7K
    $808.2K – $1.08M (±1% cap)
    NOI $64,657 @ 7.0% cap · market cap 7.31%
    Second Best
    Apartment 5plus
    $823.7K
    $720.7K – $961.0K (±1% cap)
    NOI $57,658 @ 7.0% cap · market cap 6.52%
    Theoretical Best
    Office A
    $1.24M
    $1.09M – $1.45M (±1% cap)
    NOI $86,841 @ 7.0% cap · market cap 9.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Building Supply Clothing & Fashion Store Hotel & Motel Travel Agency Cosmetic 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
    -74.159327
    Latitude
    40.549413

    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: Two‑family semi‑attached home built in 1970 with an oversized corner lot; Main unit has 3 bedrooms plus a private half bath in the primary bedroom; One‑bedroom rental unit for multi‑generational living or potential rental income
    More about this property
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