New Construction
For Sale
$1,788,000
343 Mallory Avenue, Staten Island, NY 10305
Two separate residences each provide three bedrooms and two bathrooms, with a detached garage and private backyard.
Property Size4,106 SF
Price / SF$435.46
Days on Market50
Property Features for 343 Mallory Avenue
General Information
Standard status
Active
Size
4,106 SF
Total Parking Spaces
1
Property subtype
Residential Income
Zoning
R3X
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
garage
private backyard
solar panels
Building Details
Building Size
4,106 SF
Year Built
2026
Buildings
1
Units
2
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Gennady Gary Papirov · License #30PA0885250
(917) 856-2012
Source:
Connieprofaci
Added: Sep 8
Changed: Oct 26
Last Checked: Oct 26 at 3:28PM
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 Homes R Us Realty of NY, Inc.
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Investment Insights
Based on property information with market context.
Built in 2026, this R3X-zoned duplex contains two residences, each configured with three bedrooms and two bathrooms. The 4,106-square-foot property includes custom kitchens with quartz countertops, modern bathrooms, hardwood floors, and a ground-level area suited to recreation, storage, or flexible living. Fully paid-off solar panels and natural gas service are also part of the property. A detached garage, off-street parking, and a private backyard complete the site.
At 343 Mallory Avenue on Staten Island, the property is described as minutes from the Verrazzano Bridge, with transportation connections to New York City and Brooklyn. Parks, the South Beach Boardwalk, shopping, and restaurants are nearby.
At 343 Mallory Avenue on Staten Island, the property is described as minutes from the Verrazzano Bridge, with transportation connections to New York City and Brooklyn. Parks, the South Beach Boardwalk, shopping, and restaurants are nearby.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 4,106‑square‑foot property built in 2026
- R3X zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,804
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,156,080
$2.2M
Cap Rate 7%
$1,540,057
$1.5M
Cap Rate 9%
$1,197,822
$1.2M
Market Conditions
NOI Build-Up for 4,106 SF
Gross rent
$167.5K $40.80/SF
− Vacancy
−$13.5K −$3.29/SF
EGI
$154.0K $37.51/SF
− OpEx
−$46.2K −$11.25/SF
NOI
$107.8K $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%
$2,156,080
Cap Rate 7%
$1,540,057
Cap Rate 9%
$1,197,822
Alternative Uses
Best Use
Multifamily LT 5
$1.54M
$1.35M – $1.80M
NOI $107,804 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$1.42M
$1.24M – $1.65M
NOI $99,185 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.96M
$1.71M – $2.29M
NOI $137,141 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each provide three bedrooms and two bathrooms, with a detached garage and private backyard.
Where is this duplex located?
The property is located at 343 Mallory Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,788,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 4,106‑square‑foot property built in 2026; R3X zoning
