New Construction Three-Family
For Sale
Contact for pricing
56 Newton Street, Staten Island, NY 10312
Built as a three-unit property with two 3-bedroom apartments, a separate 2-bedroom ADU, and a walkout basement entrance.
Property Size5,000 SF
Price / SF$360
Days on Market67
Property Features for 56 Newton Street
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Multifamily
Zoning
R3X
Additional Details
Multifamily Units
3
Building Details
Year Built
2026
Stories
2
Units
3
Listing Agency:
DiTommaso Real Estate
(718) 356-9200
Listed By:
Dianne Lopardo · License #10401205678
Source:
Crexi
Added: Jun 19
Changed: Aug 21
Last Checked: Aug 24 at 2:11PM
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 DiTommaso Real Estate
Investment Insights
Based on property information with market context.
This newly constructed three-family property is configured to support multiple living arrangements under one roof. The main structure includes two separate 3-bedroom, 2-bathroom apartments. In addition, there is a separate 2-bedroom ADU, providing an independent option within the overall building. A full walkout basement with a private entrance adds further flexibility for tenant use or additional household space.
Located at 56 Newton Street in Staten Island, NY 10312, the home is offered for sale as a single ownership opportunity. With distinct unit features, the layout is designed to accommodate separate occupancy rather than a single combined floor plan.
For buyers seeking residential income through multiple unit types, this property offers a clear mix: two similarly sized 3-bedroom, 2-bath units plus a separate 2-bedroom ADU, along with a walkout basement accessible by its own entry. The provided configuration can appeal to owner-occupants who want privacy while generating rental income, as well as investors looking to own a purpose-built multifamily structure with more than two units.
Located at 56 Newton Street in Staten Island, NY 10312, the home is offered for sale as a single ownership opportunity. With distinct unit features, the layout is designed to accommodate separate occupancy rather than a single combined floor plan.
For buyers seeking residential income through multiple unit types, this property offers a clear mix: two similarly sized 3-bedroom, 2-bath units plus a separate 2-bedroom ADU, along with a walkout basement accessible by its own entry. The provided configuration can appeal to owner-occupants who want privacy while generating rental income, as well as investors looking to own a purpose-built multifamily structure with more than two units.
Key Highlights
- New construction (Year Built: 2026) built as a 3‑unit property
- Includes two 3‑bedroom, 2‑bath apartments
- Separate 2‑bedroom ADU on the property
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
$123,554
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
6.86%
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%
$2,471,080
$2.5M
Cap Rate 7%
$1,765,057
$1.8M
Cap Rate 9%
$1,372,822
$1.4M
Market Conditions
NOI Build-Up for 5,000 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
$192.0K $38.40/SF
− Vacancy
−$15.5K −$3.10/SF
EGI
$176.5K $35.30/SF
− OpEx
−$53.0K −$10.59/SF
NOI
$123.6K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /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%
$2,471,080
Cap Rate 7%
$1,765,057
Cap Rate 9%
$1,372,822
Alternative Uses
Best Use
Multifamily LT 5
$1.77M
$1.54M – $2.06M
NOI $123,554 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$1.55M
$1.36M – $1.81M
NOI $108,702 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$2.39M
$2.09M – $2.78M
NOI $167,001 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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?
Triplex - Built as a three-unit property with two 3-bedroom apartments, a separate 2-bedroom ADU, and a walkout basement entrance.
Where is this triplex located?
The property is located at 56 Newton Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: New construction (Year Built: 2026) built as a 3‑unit property; Includes two 3‑bedroom, 2‑bath apartments; Separate 2‑bedroom ADU on the property
