Duplex with Separate
42 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 Market4
Property Features for 42 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
Buildings
Listing Agency:
Tiger Realty
Listed By:
Ming Hua Dong
(917) 708-9966
Added: Nov 11
Last Checked: Nov 13 at 11:06PM
MLS# 506036
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.
Currently under construction, this 2,800-square-foot duplex is planned with a four-bedroom primary residence and a distinct studio apartment. The main home’s first floor includes living and family rooms, a dining room, kitchen with center island, and powder room. Upstairs are the primary suite, three additional bedrooms, a full bathroom, and laundry area. The basement adds a three-quarter bathroom for the main residence, along with the studio’s own washer and dryer. Brick construction, tile and hardwood flooring, and a 0.0803-acre lot are also part of the property. The stated year built is 2026.
The property is near Hylan Boulevard shopping, supermarkets, and restaurants. Transportation options noted include the Oakwood Heights Staten Island Railway station and S79-SBS service on Hylan Boulevard, with connections to Staten Island Mall and Bay Ridge, Brooklyn.
The property is near Hylan Boulevard shopping, supermarkets, and restaurants. Transportation options noted include the Oakwood Heights Staten Island Railway station and S79-SBS service on Hylan Boulevard, with connections to Staten Island Mall and Bay Ridge, Brooklyn.
Key Highlights
- 2,800‑square‑foot duplex with a four‑bedroom primary residence and separate studio apartment
- Under construction; stated year built is 2026
- Main residence includes a primary suite, three additional bedrooms, and in‑home laundry area
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 - A four-bedroom primary residence is paired with an independent studio apartment in this two-family configuration.
Where is this duplex located?
The property is located at 42 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‑foot duplex with a four‑bedroom primary residence and separate studio apartment; Under construction; stated year built is 2026; Main residence includes a primary suite, three additional bedrooms, and in‑home laundry area
