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Duplex with Separate Rental Unit
For Sale
$969,000

48 Rockwell Ave, Staten Island, NY 10305

A legal two-family layout includes a distinct two-bedroom unit, full basement, and built-in garage.

Property Size2,076 SF
Price / SF$466.76
Days on Market30

Property Features for 48 Rockwell Ave

General Information

Standard status Active
Size 2,076 SF
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,500

Amenities

hardwood floors
full basement
built-in garage
Listing Agency: Safari Realty
Listed By: Francine Reali · License #0902039
Source: Exprealty
Added: Oct 8 Changed: Nov 4 Last Checked: Nov 4 at 2:17PM

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 Safari Realty

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Investment Insights

Based on property information with market context.

This legal two-family property has a separate two-bedroom unit, hardwood floors, a full basement, and a built-in garage. The lot is described as oversized, with outdoor space available for a range of uses.

The property is near the Verrazzano-Narrows Bridge, express bus service, and the Staten Island Expressway (I-278), with routes toward Brooklyn and Manhattan.

Key Highlights

  • Separate two‑bedroom unit in a legal two‑family property
  • Hardwood floors and a full basement
  • Built‑in garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,506
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,120 $1.1M
Cap Rate 7%
$778,657 $778.7K
Cap Rate 9%
$605,622 $605.6K
Market Conditions
NOI Build-Up for 2,076 SF
Gross rent
$84.7K $40.80/SF
− Vacancy
−$6.8K −$3.29/SF
EGI
$77.9K $37.51/SF
− OpEx
−$23.4K −$11.25/SF
NOI
$54.5K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,120
Cap Rate 7%
$778,657
Cap Rate 9%
$605,622

Alternative Uses

Best Use
Multifamily LT 5
$778.7K
$681.3K – $908.4K (±1% cap)
NOI $54,506 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$716.4K
$626.9K – $835.8K (±1% cap)
NOI $50,148 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$990.6K
$866.7K – $1.16M (±1% cap)
NOI $69,339 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

920
Businesses Nearby

Demographics for 10305, NY

44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A legal two-family layout includes a distinct two-bedroom unit, full basement, and built-in garage.
Where is this duplex located?
The property is located at 48 Rockwell Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: Separate two‑bedroom unit in a legal two‑family property; Hardwood floors and a full basement; Built‑in garage
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