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Two-Family High Ranch Duplex
For Sale
$850,000

29 Topping Street, Staten Island, NY 10306

Residential Income, Staten Island, NY

Property Size2,216 SF
Lot Size0.11 Acres
Price / SF$383.57
Days on Market375

Property Features for 29 Topping Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3X
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 2, Bathroom 1
Parking features On Street
Patio and Porch features Deck, Patio
Interior features Walk-In Closet(s), Ceiling Fan(s)
Basement Unfinished, Full
Lot features Front Yard, Back Yard
Subdivision Oakwood - New Dorp Beach
Standard status Active
APN 00024-4084
Size 2,216 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 5834

Utilities

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

Building Details

Year built 1945
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Dana Walker · License #40WA1086893
Added: Oct 3, 2025 Changed: Oct 12 Last Checked: Oct 12 at 7:06PM
MLS# 2505878

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 high ranch duplex contains 2,216 square feet and was built in 1945. The layout provides two residential units with three bedrooms in each, along with a full unfinished basement. Interior features include walk-in closets and ceiling fans, while the exterior has vinyl siding, a patio, and a deck. Natural gas hot-water heating and public sewer service are in place, with on-street parking available.

The property occupies 0.1139 acres at 29 Topping Street in Staten Island’s New Dorp Beach area. Beaches, parks, shopping, schools, transportation, and major roadways are identified nearby. The property is zoned R3X and offers a two-unit configuration suited to residential income ownership, owner occupancy, or multigenerational living.

Key Highlights

  • Two residential units with 3 bedrooms in each unit
  • 2,216 square feet on a 0.1139‑acre lot
  • Full unfinished basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,290
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,800 $1.1M
Cap Rate 7%
$804,143 $804.1K
Cap Rate 9%
$625,444 $625.4K
Market Conditions
NOI Build-Up for 2,216 SF
Gross rent
$85.1K $38.40/SF
− Vacancy
−$4.7K −$2.11/SF
EGI
$80.4K $36.29/SF
− OpEx
−$24.1K −$10.89/SF
NOI
$56.3K $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%
$1,125,800
Cap Rate 7%
$804,143
Cap Rate 9%
$625,444

Alternative Uses

Best Use
Multifamily LT 5
$804.1K
$703.6K – $938.2K (±1% cap)
NOI $56,290 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$714.6K
$625.3K – $833.7K (±1% cap)
NOI $50,020 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$1.06M
$925.2K – $1.23M (±1% cap)
NOI $74,015 @ 7.0% cap · market cap 8.71%
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 Law Firm Real Estate Agency Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Electrical Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

437
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 - Six bedrooms span two residential units, with an unfinished basement, patio, deck, and on-street parking.
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 $850,000.
What are key features of this property?
This property features: Two residential units with 3 bedrooms in each unit; 2,216 square feet on a 0.1139‑acre lot; Full unfinished basement
More about this property
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