Two-Family Duplex with Private
55 Hope Lane, Staten Island, NY 10305
For Sale
$850,000
The residence combines separate living areas with a backyard, dual-level decks, and a one-car garage.
Property Size1,320 SF
Price / SF$643.94
Days on Market48
Property Features for 55 Hope Lane
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
large backyard
double deck porch
central air and heat
skylight
Balcony
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Reliance Realty One
Listed By:
Ching Cheung
(646) 881-6225
Source:
Connieprofaci
Added: Sep 24
Changed: Nov 7
Last Checked: Nov 9 at 6:51PM
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 Reliance Realty One
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Investment Insights
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This two-family residence has four bedrooms and 2.5 bathrooms across two levels. The lower level contains one bedroom and one bathroom, while the main level has three bedrooms and 1.5 bathrooms. Central air conditioning and heat serve the main level; the lower level has central heat and separate air-conditioning units. Interior finishes include carpet and Pergo flooring, with a skylight in a main-level bathroom. A backyard, decks on two levels, a one-car garage, and a private driveway are part of the property. The home was built in 1998 and is zoned R3-2.
The residence is in the Rosebank private community, near the Verrazano Bridge and bus routes 79 and 53.
The residence is in the Rosebank private community, near the Verrazano Bridge and bus routes 79 and 53.
Key Highlights
- Two‑family residence with 4 bedrooms and 2.5 bathrooms
- Main level includes 3 bedrooms and 1.5 bathrooms; lower level has 1 bedroom and 1 bathroom
- Central air and heat on the main level; lower level has central heat and cooling units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,657
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,140
$693.1K
Cap Rate 7%
$495,100
$495.1K
Cap Rate 9%
$385,078
$385.1K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$53.9K $40.80/SF
− Vacancy
−$4.3K −$3.29/SF
EGI
$49.5K $37.51/SF
− OpEx
−$14.9K −$11.25/SF
NOI
$34.7K $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%
$693,140
Cap Rate 7%
$495,100
Cap Rate 9%
$385,078
Alternative Uses
Best Use
Multifamily LT 5
$495.1K
$433.2K – $577.6K
NOI $34,657 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$455.5K
$398.6K – $531.4K
NOI $31,886 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$629.8K
$551.1K – $734.8K
NOI $44,088 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
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Business Placement
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
$627,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Staten Island, NY
Properties on Market for Duplexes in Staten Island
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The residence combines separate living areas with a backyard, dual-level decks, and a one-car garage.
Where is this duplex located?
The property is located at 55 Hope Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑family residence with 4 bedrooms and 2.5 bathrooms; Main level includes 3 bedrooms and 1.5 bathrooms; lower level has 1 bedroom and 1 bathroom; Central air and heat on the main level; lower level has central heat and cooling units
