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566 Hunter Avenue, Staten Island, NY, 10306
Detached Duplex with Separate Addresses

566 Hunter Avenue Staten Island, NY 10306

For Sale
$658,000
Pending

MULTI_FAMILY - Staten Island, NY

Property Size1,182 SF
Lot Size0.07 Acres
Days on Market105

Property Features for 566 Hunter Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
Off Street
Standard status
Pending
APN
3797-27
Size
1,182 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
1871

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas

Building Details

Year built
1945
Floors in Building
1
Number of units
2
Building materials
Vinyl Siding
Listing Agency: Homes R Us Realty of NY, Inc.
Listed By: Kin Wa Lam · License #10401301649
Added: Apr 13 Changed: Jul 24 Last Checked: Jul 26 at 11:06AM
MLS# 2601929

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.

This for-sale property features two completely detached residential structures, each with its own separate address and separate entries. The main residence at 566 Hunter Avenue includes a 2-bedroom, 1-bath layout with a separate dining area and kitchen. A secondary detached home at 979 Olympia Boulevard offers 1 bedroom and 1 bath, also with its own dining area and kitchen, creating a self-contained additional living space.

The property is located in the Midland Beach waterfront neighborhood of Staten Island, NY, with the beach and boardwalk described as a short walk away. Convenient access to multiple bus lines is also mentioned for commuting to Brooklyn and Manhattan, with daily essentials and dining options nearby.

Zoned R3-1, this configuration provides two distinct detached living experiences within one property, totaling 1,182 square feet per the listing information.

Key Highlights

  • Two completely detached homes on separate addresses: 566 Hunter Ave and 979 Olympia Blvd
  • Main residence (566 Hunter Ave): 2 bedrooms, 1 bathroom, plus separate dining area and kitchen
  • Secondary detached home (979 Olympia Blvd): 1 bedroom, 1 bathroom, with separate dining area and kitchen

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $45.4k $38.40
− Vacancy −$2.5k −$2.11
EGI $42.9k $36.29
− OpEx −$12.9k −$10.89
NOI $30.0k $25.40
1,182 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$428.9K
$375.3K – $500.4K (±1% cap)
NOI $30,025 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$381.1K
$333.5K – $444.7K (±1% cap)
NOI $26,680 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$564.0K
$493.5K – $658.0K (±1% cap)
NOI $39,479 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Computer & Electronic Repair Tech Support Center Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two completely detached homes with separate addresses offer a 2-bedroom main unit and an additional 1-bedroom unit.
Where is this duplex located?
The property is located at 566 Hunter Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $658,000.
What are key features of this property?
This property features: Two completely detached homes on separate addresses: 566 Hunter Ave and 979 Olympia Blvd; Main residence (566 Hunter Ave): 2 bedrooms, 1 bathroom, plus separate dining area and kitchen; Secondary detached home (979 Olympia Blvd): 1 bedroom, 1 bathroom, with separate dining area and kitchen
More about this property
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