New Construction Three-Family
For Sale
$1,800,000
56 Newton St, 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 Market203
Property Features for 56 Newton St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
2026
Listing Agency:
DiTommaso Real Estate
Listed By:
Dianne E Lopardo · License #10401205678
(718) 356-9200
Source:
Statenislandhomelistings
Added: Mar 27
Changed: Oct 1
Last Checked: Oct 14 at 11:12PM
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 / Yr
$123,554
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
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
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 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.
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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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 St 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
