2-Family Duplex with Finished
For Sale
$1,299,990
48 N Railroad Street, Staten Island, NY 10312
Each residence has three bedrooms, an eat-in kitchen, laundry, and a primary suite with a walk-in closet.
Property Size2,750 SF
Price / SF$472.72
Days on Market131
Property Features for 48 N Railroad Street
General Information
Standard status
Active
Size
2,750 SF
Property subtype
Residential Income
Zoning
R-3X
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,000
Building Details
Building Size
2,750 SF
Year Built
2026
Buildings
1
Stories
2
Units
2
Construction
colonial
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Nicole Molinini · License #40MO1063271
(718) 987-7900
Source:
Connieprofaci
Added: Jun 19
Changed: Oct 26
Last Checked: Oct 26 at 3:40AM
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 Robert DeFalco Realty, Inc.
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Investment Insights
Based on property information with market context.
Completed in 2026, this two-family duplex contains two six-room residences, each arranged with three bedrooms. Both units include a living and dining area, an island eat-in kitchen, a full bath, laundry, and a primary bedroom with a three-quarter bath and walk-in closet. Hardwood flooring runs throughout, and the kitchens offer a choice of granite or quartz countertops.
The 2,750-square-foot property has a partially finished basement with a recreation room, three-quarter bath, and access to the yard. A separate front entrance is prepared for a potential additional dwelling unit; the property also has three utility meters. Zoned R-3X, the home is on a tree-lined block near shopping and transportation in Staten Island.
The 2,750-square-foot property has a partially finished basement with a recreation room, three-quarter bath, and access to the yard. A separate front entrance is prepared for a potential additional dwelling unit; the property also has three utility meters. Zoned R-3X, the home is on a tree-lined block near shopping and transportation in Staten Island.
Key Highlights
- Two‑family, six‑room‑over‑six‑room layout with three bedrooms in each residence
- 2,750 square feet; built in 2026
- Three utility meters and a basement entrance prepared for a potential additional dwelling unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,955
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,359,100
$1.4M
Cap Rate 7%
$970,786
$970.8K
Cap Rate 9%
$755,056
$755.1K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$105.6K $38.40/SF
− Vacancy
−$8.5K −$3.10/SF
EGI
$97.1K $35.30/SF
− OpEx
−$29.1K −$10.59/SF
NOI
$68.0K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,359,100
Cap Rate 7%
$970,786
Cap Rate 9%
$755,056
Alternative Uses
Best Use
Multifamily LT 5
$970.8K
$849.4K – $1.13M
NOI $67,955 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$854.1K
$747.3K – $996.4K
NOI $59,786 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,851 @ 7.0% cap · market cap 7.07%
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
459
Businesses Nearby
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Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, an eat-in kitchen, laundry, and a primary suite with a walk-in closet.
Where is this duplex located?
The property is located at 48 N Railroad Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,990.
What are key features of this property?
This property features: Two‑family, six‑room‑over‑six‑room layout with three bedrooms in each residence; 2,750 square feet; built in 2026; Three utility meters and a basement entrance prepared for a potential additional dwelling unit
