Renovated 6-Over-6
51 Cassidy Place Staten Island, NY 10301
51 Cassidy Place, Staten Island, NY, 10301
$798,000
For Sale
$798,000
MULTI_FAMILY - Staten Island, NY
Property Size1,872 SF
Lot Size0.06 Acres
Price / SF$426.28
Days on Market41
Property Features for 51 Cassidy Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3X
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 5
- Parking features
- On Street
- Interior features
- Walk-In Closet(s)
- 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
1678 Hylan Blvd., STATEN ISLAND, NY
Listed by
Dritan Tony Gashi
(718) 987-7900
Added: Jun 10 Checked: Jul 20 at 6:06 am
MLS# 2603260
Listing URL
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 for-sale duplex is configured as a 6-over-6, with a total property size of 1,872 square feet on a 0.06-acre lot. The property was renovated approximately two years ago. The second floor is currently rented, while the first floor is vacant, giving the next owner flexibility to either continue operating as an income property or convert the vacancy to their own use.
Located at 51 Cassidy Place on Staten Island in Richmond County, the building sits within zoning designated R3X. With one unit occupied and the other available, the property’s current tenancy can be a practical consideration for buyers looking to assume operations with immediate income from the rented level.
For investors, the existing second-floor tenancy provides an in-place rental component, while the vacant first floor may allow for occupancy planning upon acquisition. For owner-occupants, the split arrangement can support living on one floor while managing the other as a rental. For more details on current terms and the property’s layout, please contact us.
Located at 51 Cassidy Place on Staten Island in Richmond County, the building sits within zoning designated R3X. With one unit occupied and the other available, the property’s current tenancy can be a practical consideration for buyers looking to assume operations with immediate income from the rented level.
For investors, the existing second-floor tenancy provides an in-place rental component, while the vacant first floor may allow for occupancy planning upon acquisition. For owner-occupants, the split arrangement can support living on one floor while managing the other as a rental. For more details on current terms and the property’s layout, please contact us.
Key Highlights
- 6‑over‑6 renovated investment property (renovated 2 years ago)
- Second floor unit is rented for $3,500
- First floor is vacant
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated two-family with second floor rented and first floor vacant, ready for investor or owner-occupant.
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 renovated investment property (renovated 2 years ago); Second floor unit is rented for $3,500; First floor is vacant