Two-Family Home with Detached Garage

343 Mallory Avenue Staten Island, NY 10305

Claim this Listing
New
For Sale
$1,788,000

MULTI_FAMILY - Staten Island, NY

Property size:
4,106 SF
Lot size:
0.14 Acres
Price / SF:
$435/SF
Added:
Jul 7, 2026
Days on Market:
3
Last Refresh:
Jul 9 at 10:06 pm

Property Features for 343 Mallory Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
R3X
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2
Parking features
Carport, Covered
Patio and Porch features
Deck
Basement
Finished, Full
Standard status
Active
Size
4,106 SF
Lot size
0.14 Acres

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air

Building Details

Year built
2026
Floors in Building
3
Number of units
2
Building materials
Stone, Vinyl Siding

Listing agent Gennady Gary Papirov

Listing office Homes R Us Realty of NY, Inc. 111 Fingerboard Road, Staten Island, NY

Listing date Jul 7, 2026

MLS# 2603821 Listing URL

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.

343 Mallory Avenue is a newly constructed natural gas-powered two-family home built on an oversized lot. The home features an oversized 6-over-6 style layout with two separate residences, each offering three bedrooms and two bathrooms. Interior finishes include custom high-end kitchens with quartz countertops, modern designer bathrooms, and hardwood flooring. The property also includes fully paid-off solar panels and a spacious ground level that can support recreation, storage, or other flexible living needs. Outside, there is a large private backyard designed for entertaining or relaxing, along with a detached garage and ample off-street parking.

Located on Staten Island, the property is described as being just minutes from the Verrazzano Bridge, with convenient access to transportation to NYC and Brooklyn. The surrounding area is noted for proximity to parks, South Beach Boardwalk, shopping, and restaurants.

With two well-sized three-bedroom, two-bath units, this property can work well for owner-occupants seeking rental support or for buyers looking for a straightforward two-family rental configuration. The combination of solar, outdoor space, and an adaptable ground level adds practical flexibility for a range of household needs. Zoning is listed as R3X.

Key Highlights

  • Under construction two‑family home (year built 2026) with an oversized 6‑over‑6 layout
  • Two 3‑bedroom, 2‑bath residences—natural gas‑powered with forced‑air heating and central air cooling
  • Construction materials include stone and vinyl siding; connected to public sewer

Local 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 $167.5k $40.80
− Vacancy −$13.5k −$3.29
EGI $154.0k $37.51
− OpEx −$46.2k −$11.25
NOI $107.8k $26.26
4,106 SF · lease $40.80/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $107,804 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$1.42M
$1.24M – $1.65M (±1% cap)
NOI $99,185 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.96M
$1.71M – $2.29M (±1% cap)
NOI $137,141 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Big Box & Wholesale Store Locksmith Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Newly constructed natural gas two-family on an oversized lot with solar and two three-bedroom residences.
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: Under construction two‑family home (year built 2026) with an oversized 6‑over‑6 layout; Two 3‑bedroom, 2‑bath residences—natural gas‑powered with forced‑air heating and central air cooling; Construction materials include stone and vinyl siding; connected to public sewer
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More about this property
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