Duplex with Separate
40 Malone Avenue, Staten Island, NY 10306
For Sale
New
$1,498,000
Residential, Staten Island, NY
Property Size2,800 SF
Lot Size0.08 Acres
Price / SF$535
Days on Market3
Property Features for 40 Malone Avenue
General Information
Property type
Property subtype
Property condition
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Tiger Realty
Listed By:
Ming Hua Dong
(917) 708-9966
Added: Nov 11
Last Checked: Nov 13 at 11:06PM
MLS# 506035
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 2,800-square-foot duplex is under construction on a 0.0803-acre lot in Staten Island. The main residence has four bedrooms, a living room, formal dining room, kitchen with a center island, family room, and powder room. Upstairs are a primary suite with a private bath and walk-in closets, three additional bedrooms, a full shared bathroom, and laundry. The basement includes additional space for the main residence, a three-quarter bathroom, and a separate studio with its own washer and dryer. Brick construction, hardwood and tile flooring, and a flat roof are specified; the year built is 2026.
The property is near Hylan Boulevard, with supermarkets, shops, restaurants, and daily services in the surrounding area. Transit options include the Oakwood Heights Staten Island Railway station and S79-SBS service on Hylan Boulevard, with connections to the Staten Island Mall and Bay Ridge, Brooklyn.
The property is near Hylan Boulevard, with supermarkets, shops, restaurants, and daily services in the surrounding area. Transit options include the Oakwood Heights Staten Island Railway station and S79-SBS service on Hylan Boulevard, with connections to the Staten Island Mall and Bay Ridge, Brooklyn.
Key Highlights
- 2,800 square feet on a 0.0803‑acre lot
- Four‑bedroom main residence plus separate basement studio
- Studio has its own washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,124
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,422,480
$1.4M
Cap Rate 7%
$1,016,057
$1.0M
Cap Rate 9%
$790,267
$790.3K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$107.5K $38.40/SF
− Vacancy
−$5.9K −$2.11/SF
EGI
$101.6K $36.29/SF
− OpEx
−$30.5K −$10.89/SF
NOI
$71.1K $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%
$1,422,480
Cap Rate 7%
$1,016,057
Cap Rate 9%
$790,267
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$889.1K – $1.19M
NOI $71,124 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$902.9K
$790.0K – $1.05M
NOI $63,202 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,521 @ 7.0% cap · market cap 6.24%
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
538
Businesses Nearby
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Business Placement
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
$675,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Staten Island, NY
Properties on Market for Duplexes in Staten Island
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Under-construction brick residence pairs a four-bedroom main home with an independent studio and separate laundry.
Where is this duplex located?
The property is located at 40 Malone Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: 2,800 square feet on a 0.0803‑acre lot; Four‑bedroom main residence plus separate basement studio; Studio has its own washer and dryer
