Corner-Lot Two-Family
For Sale
$999,999
Pending
4 cottage avenue, Staten Island, NY 10308
Residential Income, Staten Island, NY
Property Size2,980 SF
Lot Size0.05 Acres
Days on Market179
Property Features for 4 cottage avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Family
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Fencing
Fenced
Subdivision
Great Kills
Lot features
Corner Lot
Standard status
Pending
Size
2,980 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7928
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1950
Floors in Building
3
Flooring type
Tile, Laminate
Roof type
Asphalt
Listing Agency:
DOUGLAS ELLIMAN REAL ESTATE
Listed By:
Joseph Tesoriero · License #10401385892
(718) 300-0504
Added: Apr 17
Changed: Sep 16
Last Checked: Oct 12 at 9:06PM
MLS# 11694272
Copyright © 2026 My State MLS. 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 2,980-square-foot duplex, built in 1950, contains two three-bedroom residences arranged in a 3-over-3 configuration. Both units are delivered vacant and include separate entrances, open kitchen layouts, granite countertops, stainless steel appliances, tile or laminate flooring, and forced-air heating. The property also features an unfinished full basement and divided outdoor space with fencing.
Situated on a 0.0473-acre corner lot, the home includes an asphalt roof, public water, and a series of recent improvements. The roof and hot water heaters were replaced in 2022, front cement work was completed in 2023, and vinyl fencing was added in 2024. Parks, shopping, restaurants, and transportation are located nearby.
Situated on a 0.0473-acre corner lot, the home includes an asphalt roof, public water, and a series of recent improvements. The roof and hot water heaters were replaced in 2022, front cement work was completed in 2023, and vinyl fencing was added in 2024. Parks, shopping, restaurants, and transportation are located nearby.
Key Highlights
- 2,980‑square‑foot legal two‑family duplex with two 3‑bedroom units
- Both residences delivered vacant with separate private entrances
- Full unfinished basement and divided private outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,107
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,140
$1.5M
Cap Rate 7%
$1,058,671
$1.1M
Cap Rate 9%
$823,411
$823.4K
Market Conditions
NOI Build-Up for 2,980 SF
Gross rent
$110.9K $37.20/SF
− Vacancy
−$5.0K −$1.67/SF
EGI
$105.9K $35.53/SF
− OpEx
−$31.8K −$10.66/SF
NOI
$74.1K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,482,140
Cap Rate 7%
$1,058,671
Cap Rate 9%
$823,411
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$926.3K – $1.24M
NOI $74,107 @ 7.0% cap · market cap 7.41%
Second Best
Apartment 5plus
$944.1K
$826.1K – $1.10M
NOI $66,084 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,533 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
992
Businesses Nearby
Explore this area
Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant legal two-family property with private entrances, updated kitchens, basement storage, and fenced outdoor areas.
Where is this duplex located?
The property is located at 4 cottage avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 2,980‑square‑foot legal two‑family duplex with two 3‑bedroom units; Both residences delivered vacant with separate private entrances; Full unfinished basement and divided private outdoor space
