Renovated 6-Over-6
For Sale
$798,000
51 Cassidy Place, Staten Island, NY 10301
MULTI_FAMILY - Staten Island, NY
Property Size1,872 SF
Lot Size0.06 Acres
Price / SF$426.28
Days on Market53
Property Features for 51 Cassidy Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 4, Bathroom 1, Bedroom 3
Parking features
On Street
Interior features
Walk-In Closet(s)
Lot features
Back Yard
Subdivision
New Brighton
Standard status
Active
Size
1,872 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
4525
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Wall Unit(s)
Building Details
Year built
1910
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Dritan Tony Gashi
(718) 987-7900
Added: Jun 10
Changed: Jul 29
Last Checked: Aug 1 at 3:06PM
MLS# 2603260
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.
This renovated duplex is configured as a 6-over-6 building. The property was renovated approximately two years ago, and it presents two residential units in a straightforward two-apartment layout.
The second floor is currently rented at $3,500, while the first floor unit is vacant, offering an immediate path for either occupancy or renovation-driven leasing. The property is located at 51 Cassidy Place in Staten Island, NY 10301, in Richmond County.
With one unit in place and the other ready for a new tenant, the building offers a practical setup for an owner seeking rental income alongside flexibility with the vacant unit.
The second floor is currently rented at $3,500, while the first floor unit is vacant, offering an immediate path for either occupancy or renovation-driven leasing. The property is located at 51 Cassidy Place in Staten Island, NY 10301, in Richmond County.
With one unit in place and the other ready for a new tenant, the building offers a practical setup for an owner seeking rental income alongside flexibility with the vacant unit.
Key Highlights
- 6 over 6 setup with multiple bedrooms (Bedrooms 1‑6) and 2 bathrooms (Bathroom 1 & Bathroom 2)
- Renovated 2 years ago; second floor is rented for $3,500
- Natural gas forced‑air heating
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.6k | $37.20 |
| − Vacancy | −$3.1k | −$1.67 |
| EGI | $66.5k | $35.53 |
| − OpEx | −$20.0k | −$10.66 |
| NOI | $46.6k | $24.87 |
1,872 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$665.0K
$581.9K – $775.9K
NOI $46,553 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$593.0K
$518.9K – $691.9K
NOI $41,513 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$893.2K
$781.6K – $1.04M
NOI $62,525 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated duplex with a rented second floor apartment and a vacant first floor unit.
Where is this duplex located?
The property is located at 51 Cassidy Place Staten Island, NY.
What is the asking price?
The asking price for this property is $798,000.
What are key features of this property?
This property features: 6 over 6 setup with multiple bedrooms (Bedrooms 1‑6) and 2 bathrooms (Bathroom 1 & Bathroom 2); Renovated 2 years ago; second floor is rented for $3,500; Natural gas forced‑air heating
