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New Construction Duplex
For Sale
$999,000

261 Rudyard Street, Staten Island, NY 10306

Residential, Staten Island, NY

Property Size1,500 SF
Lot Size0.05 Acres
Price / SF$666
Days on Market57

Property Features for 261 Rudyard Street

General Information

Property type Residential
Property subtype Duplex
Zoning R3-1
Bedrooms 3
Bathrooms 3
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2
Parking features Off Street
Basement Partial
Appliances Refrigerator
Lot features Front Yard, Back Yard
Subdivision Midland Beach
Standard status Active
APN 5056770055
Size 1,500 SF
Lot size 0.05 Acres

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Cooling system Central Air

Building Details

Year built 2027
Floors in Building 3
Building materials Vinyl Siding
Architectural style Colonial
Listing Agency: Homes R Us Realty of NY, Inc.
Listed By: Huan Kuei Lo · License #10401313713
Added: Aug 17 Changed: Oct 8 Last Checked: Oct 12 at 3:06PM
MLS# 2604636

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 1,500-square-foot duplex property is under construction at 261 Rudyard Street in Staten Island. The Colonial-style residence is planned with three bedrooms and three bathrooms, vinyl siding, central air conditioning, hot water heating, and natural gas service. Public sewer and off-street parking are also included. Completion is anticipated in February 2027.

The property is located in Midland Beach near Staten Island Technical High School, shopping, restaurants, parks, and public transportation serving Manhattan and Brooklyn. The R3-1 zoning designation and 0.0459-acre lot provide additional context for the residential asset.

Key Highlights

  • 1,500 SF duplex property under construction
  • Three bedrooms and three bathrooms
  • Anticipated completion in February 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,102
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,040 $762.0K
Cap Rate 7%
$544,314 $544.3K
Cap Rate 9%
$423,356 $423.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$57.6K $38.40/SF
− Vacancy
−$3.2K −$2.11/SF
EGI
$54.4K $36.29/SF
− OpEx
−$16.3K −$10.89/SF
NOI
$38.1K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,040
Cap Rate 7%
$544,314
Cap Rate 9%
$423,356

Alternative Uses

Best Use
Multifamily LT 5
$544.3K
$476.3K – $635.0K (±1% cap)
NOI $38,102 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$483.7K
$423.2K – $564.3K (±1% cap)
NOI $33,858 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$715.7K
$626.3K – $835.0K (±1% cap)
NOI $50,100 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Furniture & Home Goods Nursing Home Locksmith Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,269
Businesses Nearby

Demographics for 10306, NY

57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Three-bedroom property with central air, natural gas heating, and off-street parking.
Where is this duplex located?
The property is located at 261 Rudyard Street Staten Island, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 1,500 SF duplex property under construction; Three bedrooms and three bathrooms; Anticipated completion in February 2027
More about this property
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