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514 Riga Street, Staten Island, NY, 10306
Semi-Attached Residential Home

514 Riga Street Staten Island, NY 10306

For Sale
$649,000
Pending

SINGLE_FAMILY - Colonial - Staten Island, NY

Property Size1,260 SF
Lot Size0.05 Acres
Days on Market97

Property Features for 514 Riga Street

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 3
Parking features
Off Street
Basement
Full, Finished
Appliances
Refrigerator
Standard status
Pending
APN
4654-2
Size
1,260 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
5380

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air

Building Details

Year built
1999
Floors in Building
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency: Keller Williams Realty Staten Island
Listed By: Anthony Patafio
Added: Apr 21 Changed: Jul 22 Last Checked: Jul 26 at 3:06PM
MLS# 2602130

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 semi-attached residential home offers three bedrooms and hardwood floors throughout. The kitchen includes stainless steel appliances and a functional layout. Additional living space is provided by a finished basement, which has a side entrance for added privacy and flexibility.

Located at 514 Riga Street in Staten Island, NY 10306, the property is described as being convenient to shopping, transportation, and everyday needs. The home sits on a 0.0478-acre lot and has an indicated property size of 1,260 square feet.

Zoning is listed as R3-1. The property is offered for sale at 649,000.

Key Highlights

  • 3‑bedroom semi‑attached home built in 1999 in Staten Island
  • Hardwood floors throughout and a functional kitchen with stainless steel refrigerator
  • Central air cooling with 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 $48.4k $38.40
− Vacancy −$2.7k −$2.11
EGI $45.7k $36.29
− OpEx −$13.7k −$10.89
NOI $32.0k $25.40
1,260 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$457.2K
$400.1K – $533.4K (±1% cap)
NOI $32,006 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$406.3K
$355.5K – $474.0K (±1% cap)
NOI $28,441 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$601.2K
$526.1K – $701.4K (±1% cap)
NOI $42,084 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Auto Parts Store Auto Repair Shop Electrical Service Grocery & Convenience Store Accounting Firm Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Semi-attached 3-bedroom home with hardwood floors, stainless appliances, and a finished basement with side entrance.
Where is this duplex located?
The property is located at 514 Riga Street Staten Island, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 3‑bedroom semi‑attached home built in 1999 in Staten Island; Hardwood floors throughout and a functional kitchen with stainless steel refrigerator; Central air cooling with natural gas forced‑air heating
More about this property
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