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Renovated Duplex with Rental Income
For Sale
$769,000

51 Cassidy Place, Staten Island, NY 10301

Residential Income, Staten Island, NY

Property Size1,872 SF
Lot Size0.06 Acres
Price / SF$410.79
Days on Market150

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 5, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1
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

Additional Details

Tenant in Place Yes

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.
Listed By: Dritan Tony Gashi
Added: Jun 10 Changed: Oct 25 Last Checked: Nov 6 at 6:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This Staten Island duplex contains 1,872 square feet on a 0.0574-acre lot and is arranged in a six-over-six configuration. The property was renovated 2 years ago and includes six bedrooms, two bathrooms, walk-in closet(s), stone and vinyl siding, forced-air natural gas heating, and wall-unit cooling. The second floor is rented, while the first floor is vacant.

Built in 1910, the property is zoned R3X and served by public sewer. On-street parking is available. Its residential layout, existing occupancy on one level, and separate vacant floor provide a straightforward configuration for continued residential use.

Key Highlights

  • Six‑over‑six duplex configuration with six bedrooms and two bathrooms
  • 1,872 square feet on a 0.0574‑acre lot
  • Renovated 2 years ago

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,553
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,060 $931.1K
Cap Rate 7%
$665,043 $665.0K
Cap Rate 9%
$517,256 $517.3K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$69.6K $37.20/SF
− Vacancy
−$3.1K −$1.67/SF
EGI
$66.5K $35.53/SF
− OpEx
−$20.0K −$10.66/SF
NOI
$46.6K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,060
Cap Rate 7%
$665,043
Cap Rate 9%
$517,256

Alternative Uses

Best Use
Multifamily LT 5
$665.0K
$581.9K – $775.9K (±1% cap)
NOI $46,553 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$593.0K
$518.9K – $691.9K (±1% cap)
NOI $41,513 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$893.2K
$781.6K – $1.04M (±1% cap)
NOI $62,525 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

803
Businesses Nearby

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
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 - Six-over-six configuration with one occupied floor and a vacant level for immediate leasing consideration.
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 $769,000.
What are key features of this property?
This property features: Six‑over‑six duplex configuration with six bedrooms and two bathrooms; 1,872 square feet on a 0.0574‑acre lot; Renovated 2 years ago
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