New Construction
For Sale
$1,498,800
339 Mallory Avenue, Staten Island, NY 10305
Residential Income, Staten Island, NY
Property Size2,449 SF
Lot Size0.08 Acres
Price / SF$612
Days on Market49
Property Features for 339 Mallory Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3X
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 5, Bathroom 1, Bathroom 6, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 5
Parking features
Carport, Covered
Basement
Full
Lot features
Front Yard, Back Yard
Subdivision
South Beach
Standard status
Active
APN
3417-172
Size
2,449 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
9340
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
private terraces
solar panels
Building Details
Year built
2023
Floors in Building
3
Number of units
2
Building materials
Stone, Vinyl Siding
Buildings
1
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Gennady Gary Papirov
(917) 856-2012
Added: Sep 8
Changed: Oct 26
Last Checked: Oct 26 at 8:06PM
MLS# 2605032
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.
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Investment Insights
Based on property information with market context.
This under-construction two-family property provides 2,449 square feet of residential space on a 0.0844-acre lot. The building includes six bedrooms and six bathrooms, with separate residences arranged across private levels. One residence incorporates an open ground-level area, while both units feature custom kitchens with quartz countertops, designer bathrooms, hardwood floors, and private terraces. Natural gas forced-air heating, central air conditioning, and fully paid-off solar panels add to the property’s systems and finish package.
Completed in 2023 and zoned R3X, the property includes covered parking for up to three vehicles and uses public sewer service. The terraces provide views toward the Verrazano Bridge. The address offers access to transportation serving NYC and Brooklyn, with parks, the South Beach Boardwalk, shopping, and restaurants nearby.
Completed in 2023 and zoned R3X, the property includes covered parking for up to three vehicles and uses public sewer service. The terraces provide views toward the Verrazano Bridge. The address offers access to transportation serving NYC and Brooklyn, with parks, the South Beach Boardwalk, shopping, and restaurants nearby.
Key Highlights
- 2,449 SF two‑family property on a 0.0844‑acre lot
- Six bedrooms and six bathrooms across two residences
- Under construction with 2023 year built
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,299
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,285,980
$1.3M
Cap Rate 7%
$918,557
$918.6K
Cap Rate 9%
$714,433
$714.4K
Market Conditions
NOI Build-Up for 2,449 SF
Gross rent
$99.9K $40.80/SF
− Vacancy
−$8.1K −$3.29/SF
EGI
$91.9K $37.51/SF
− OpEx
−$27.6K −$11.25/SF
NOI
$64.3K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,285,980
Cap Rate 7%
$918,557
Cap Rate 9%
$714,433
Alternative Uses
Best Use
Multifamily LT 5
$918.6K
$803.7K – $1.07M
NOI $64,299 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$845.1K
$739.5K – $986.0K
NOI $59,158 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,797 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
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Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer flexible multi-level layouts, upgraded finishes, private terraces, and covered parking.
Where is this duplex located?
The property is located at 339 Mallory Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,498,800.
What are key features of this property?
This property features: 2,449 SF two‑family property on a 0.0844‑acre lot; Six bedrooms and six bathrooms across two residences; Under construction with 2023 year built
