Turnkey Two-Family High
29 Topping Street Staten Island, NY 10306
For Sale
$975,000
Fully renovated two-family high ranch with 6-over-6 layout and a full unfinished basement on an 80x100 lot.
Property Size2,216 SF
Lot Size0.18 Acres
Price / SF$439.98
Days on Market292
Property Features for 29 Topping Street
General Information
- Standard status
- Active
- Size
- 2,216 SF
- Lot size
- 0.18 Acres
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1945
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Dana Walker · License #40WA1086893
(718) 987-7900
Source:
Compass
Added: Oct 8, 2025
Changed: Jul 21
Last Checked: Jul 22 at 10:01AM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
29 Topping Street is a fully renovated, move-in ready two-family high ranch with a 6-over-6 layout. The property includes a full unfinished basement, providing additional storage space and room for future customization.
Set on an oversized 80x100 lot in the heart of New Dorp Beach, the home offers flexibility for different ownership goals, including the combination of comfortable living with rental income potential. The size and lot dimensions also support a potential development direction.
With the property positioned as a turnkey option and supported by the generous lot, this home is suited for buyers seeking a renovated duplex configuration with an unfinished basement for practical add-on space and possible future improvements.
Set on an oversized 80x100 lot in the heart of New Dorp Beach, the home offers flexibility for different ownership goals, including the combination of comfortable living with rental income potential. The size and lot dimensions also support a potential development direction.
With the property positioned as a turnkey option and supported by the generous lot, this home is suited for buyers seeking a renovated duplex configuration with an unfinished basement for practical add-on space and possible future improvements.
Key Highlights
- Fully renovated 2‑family high ranch with a 6‑over‑6 layout
- 80x100 oversized lot in New Dorp Beach
- Full unfinished basement for storage or future customization
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 | $85.1k | $38.40 |
| − Vacancy | −$4.7k | −$2.11 |
| EGI | $80.4k | $36.29 |
| − OpEx | −$24.1k | −$10.89 |
| NOI | $56.3k | $25.40 |
2,216 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$804.1K
$703.6K – $938.2K
NOI $56,290 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$714.6K
$625.3K – $833.7K
NOI $50,020 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.06M
$925.2K – $1.23M
NOI $74,015 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully renovated two-family high ranch with 6-over-6 layout and a full unfinished basement on an 80x100 lot.
Where is this duplex located?
The property is located at 29 Topping Street Staten Island, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Fully renovated 2‑family high ranch with a 6‑over‑6 layout; 80x100 oversized lot in New Dorp Beach; Full unfinished basement for storage or future customization
