Duplex with Finished
For Sale
$699,999
Pending
56 Taunton St, Staten Island, NY 10306
Hardwood floors, an eat-in kitchen, and sliding doors connect the interior to a spacious yard.
Property Size1,176 SF
Days on Market70
Property Features for 56 Taunton St
General Information
Standard status
Pending
Size
1,176 SF
Property subtype
Multi-Family
Building Details
Year Built
1970
Listing Agency:
Re/Max Advisors
Listed By:
Nica Balzano · License #10401269324
(718) 755-0093
Source:
Statenislandhomelistings
Added: Aug 11
Changed: Oct 1
Last Checked: Oct 16 at 9:27AM
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 Re/Max Advisors
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Investment Insights
Based on property information with market context.
This 1,176-square-foot duplex, built in 1970, offers a well-maintained residential configuration with hardwood flooring throughout and generously sized rooms. The eat-in kitchen includes sliding-door access to the yard, while the fully finished basement adds a half bath and a separate entrance. Recent updates include the roof, windows, and heating system.
Located at 56 Taunton St in Staten Island, the property is positioned near schools, parks, the beach, and shopping. The address also provides access to commuting routes and everyday services. The combination of finished lower-level space, updated major components, and outdoor access provides a practical layout for residential use.
Located at 56 Taunton St in Staten Island, the property is positioned near schools, parks, the beach, and shopping. The address also provides access to commuting routes and everyday services. The combination of finished lower-level space, updated major components, and outdoor access provides a practical layout for residential use.
Key Highlights
- 1,176‑square‑foot duplex at 56 Taunton St, Staten Island, NY 10306
- Fully finished basement with 1/2 bath and separate entrance
- Hardwood floors throughout the residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,872
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,440
$597.4K
Cap Rate 7%
$426,743
$426.7K
Cap Rate 9%
$331,911
$331.9K
Market Conditions
NOI Build-Up for 1,176 SF
Gross rent
$45.2K $38.40/SF
− Vacancy
−$2.5K −$2.11/SF
EGI
$42.7K $36.29/SF
− OpEx
−$12.8K −$10.89/SF
NOI
$29.9K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,440
Cap Rate 7%
$426,743
Cap Rate 9%
$331,911
Alternative Uses
Best Use
Multifamily LT 5
$426.7K
$373.4K – $497.9K
NOI $29,872 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$379.2K
$331.8K – $442.4K
NOI $26,545 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$561.1K
$491.0K – $654.7K
NOI $39,279 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
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Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Hardwood floors, an eat-in kitchen, and sliding doors connect the interior to a spacious yard.
Where is this duplex located?
The property is located at 56 Taunton St Staten Island, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 1,176‑square‑foot duplex at 56 Taunton St, Staten Island, NY 10306; Fully finished basement with 1/2 bath and separate entrance; Hardwood floors throughout the residence
