New Construction Two-Family
For Sale
$1,299,990
48 N Railroad Street, Staten Island, NY 10312
Residential Income, Staten Island, NY
Property Size2,750 SF
Lot Size0.09 Acres
Price / SF$472.72
Days on Market116
Property Features for 48 N Railroad Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-3X
Bedrooms
6
Bathrooms
7
Full bathrooms
5
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 6, Bathroom 5, Bathroom 6, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 7, Bathroom 3
Parking features
Carport, Off Street, On Street
Basement
Full, Finished
Lot features
Back Yard
Subdivision
Annadale
Standard status
Active
Size
2,750 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
12000
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Nicole Molinini · License #40MO1063271
(917) 940-9196
Added: Jun 19
Changed: Oct 12
Last Checked: Oct 12 at 3:06PM
MLS# 2603475
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.
Completed in 2026, this 2,750-square-foot duplex contains two residential units, each arranged with a living and dining combination, island eat-in kitchen, full bathroom, laundry area, primary bedroom with a three-quarter bath and walk-in closet, plus two additional bedrooms. Hardwood flooring, central air, forced-air heating, electric heat, vinyl siding, and custom kitchen finishes with a granite or quartz option are included.
The 0.0918-acre property is located at 48 N Railroad Street in Staten Island, NY 10312, on a tree-lined block near shopping and transportation. Parking includes a carport, off-street spaces, and on-street availability. Public sewer serves the property, which is zoned R-3X.
Basement improvements include a large recreation room with side access and a finished portion with a three-quarter bath. A separate front-entry area is prepared for a potential future ADU. The property also includes an attic and three utility meters.
The 0.0918-acre property is located at 48 N Railroad Street in Staten Island, NY 10312, on a tree-lined block near shopping and transportation. Parking includes a carport, off-street spaces, and on-street availability. Public sewer serves the property, which is zoned R-3X.
Basement improvements include a large recreation room with side access and a finished portion with a three-quarter bath. A separate front-entry area is prepared for a potential future ADU. The property also includes an attic and three utility meters.
Key Highlights
- Two‑family duplex with 2,750 square feet and 6 total bedrooms
- Each unit includes 3 bedrooms, a primary suite, laundry, and an island eat‑in kitchen
- 0.0918‑acre lot in Staten Island at 48 N Railroad Street
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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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units offer finished basement space, multiple baths, and three utility meters for flexible residential use.
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 duplex with 2,750 square feet and 6 total bedrooms; Each unit includes 3 bedrooms, a primary suite, laundry, and an island eat‑in kitchen; 0.0918‑acre lot in Staten Island at 48 N Railroad Street
