Two-Unit Colonial Residence with
For Sale
$1,199,999
Pending
558 Main Street, Staten Island, NY 10307
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,500 SF
Lot Size0.13 Acres
Days on Market97
Property Features for 558 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-3A
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Driveway, Garage
Patio and Porch features
Patio, Deck
Interior features
Walk-In Closet(s), Ceiling Fan(s)
Exterior features
Balcony
Basement
Finished, Full
Lot features
Back Yard
Subdivision
Tottenville
Standard status
Pending
Size
3,500 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
12885
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Building Details
Year built
1991
Floors in Building
2
Number of units
1
Building materials
Aluminum Siding
Architectural style
Colonial
Listing Agency:
Keller Williams Realty Empire
(718) 954-8400
Listed By:
Dalila Saket
(718) 629-8238
Added: May 20
Changed: Aug 2
Last Checked: Aug 24 at 10:06PM
MLS# 2602806
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.
Two-family colonial residence with 3,500 square feet of living space on a 0.1309-acre lot, built in 1991. The home offers five bedrooms and five bathrooms across two thoughtfully designed living spaces. The main residence is a side-hall colonial with four bedrooms and four bathrooms, plus formal dining and a kitchen featuring a granite countertop and a large center island. An oversized deck and additional outdoor space support everyday living and entertaining.
The second unit has one bedroom and one bathroom with a separate private entrance. Interior touches include walk-in closets and ceiling fans. Cooling is provided by central air.
Heating is supported by natural gas and electric options, and the home is connected to public sewer. The finished basement includes a laundry room and office space. Exterior features include aluminum siding, a patio, a balcony, and driveway/garage parking with private double driveways. Additional improvements noted include a newer AC unit and a brand-new water heater installed in 2026, along with a transferable solar panel system.
The second unit has one bedroom and one bathroom with a separate private entrance. Interior touches include walk-in closets and ceiling fans. Cooling is provided by central air.
Heating is supported by natural gas and electric options, and the home is connected to public sewer. The finished basement includes a laundry room and office space. Exterior features include aluminum siding, a patio, a balcony, and driveway/garage parking with private double driveways. Additional improvements noted include a newer AC unit and a brand-new water heater installed in 2026, along with a transferable solar panel system.
Key Highlights
- Two‑family colonial residence totaling 3,500 SF on a 0.1309‑acre lot
- Built in 1991; R‑3A zoning
- Main unit: side‑hall colonial with 4 bedrooms and 4 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$87,039
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,740,780
$1.7M
Cap Rate 7%
$1,243,414
$1.2M
Cap Rate 9%
$967,100
$967.1K
Market Conditions
NOI Build-Up for 3,500 SF
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.
Gross rent
$130.2K $37.20/SF
− Vacancy
−$5.9K −$1.67/SF
EGI
$124.3K $35.53/SF
− OpEx
−$37.3K −$10.66/SF
NOI
$87.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,740,780
Cap Rate 7%
$1,243,414
Cap Rate 9%
$967,100
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $87,039 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$1.11M
$970.2K – $1.29M
NOI $77,616 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,901 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
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 - Two-family colonial on R-3A zoning with a deck, central air, garage parking, and a finished basement.
Where is this duplex located?
The property is located at 558 Main Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Two‑family colonial residence totaling 3,500 SF on a 0.1309‑acre lot; Built in 1991; R‑3A zoning; Main unit: side‑hall colonial with 4 bedrooms and 4 bathrooms
