Two-Family Colonial With
For Sale
Contact for pricing
571 Rockaway Street, Staten Island, NY 10307
1999-built duplex with a four-bedroom primary residence, one-bedroom apartment, and finished outdoor entertaining area.
Property Size3,240 SF
Price / SF$393.52
Days on Market67
Property Features for 571 Rockaway Street
General Information
Standard status
Active
Size
3,240 SF
Property subtype
Multifamily
Zoning
R3A
Units
Unit Mix
4BR, 1BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
custom exterior lighting
pavers
zoned sprinkler system
heated in ground pool
Building Details
Year Built
1999
Buildings
1
Stories
2
Units
2
Construction
center hall colonial
Listing Agency:
DiTommaso Real Estate
Listed By:
Kathleen Barzal · License #40BA1047347
(917) 648-5279
Source:
Crexi
Added: Aug 7
Changed: Oct 1
Last Checked: Oct 12 at 4:59PM
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.
Built in 1999, this two-family center hall colonial includes a four-bedroom primary residence and a one-bedroom apartment. The property also features a backyard designed for outdoor use, with pavers, custom exterior lighting, a zoned sprinkler system, and a heated in-ground pool.
The home is located at 571 Rockaway Street in the Tottenville section of Staten Island, with nearby access to the beach, transportation, and the Historic Conference House. R3A zoning is identified for the property.
The home is located at 571 Rockaway Street in the Tottenville section of Staten Island, with nearby access to the beach, transportation, and the Historic Conference House. R3A zoning is identified for the property.
Key Highlights
- Two‑family center hall colonial with a four‑bedroom primary residence
- One‑bedroom apartment included
- Heated in‑ground pool with backyard entertaining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,573
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,611,460
$1.6M
Cap Rate 7%
$1,151,043
$1.2M
Cap Rate 9%
$895,256
$895.3K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$120.5K $37.20/SF
− Vacancy
−$5.4K −$1.67/SF
EGI
$115.1K $35.53/SF
− OpEx
−$34.5K −$10.66/SF
NOI
$80.6K $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 Rate 5%
$1,611,460
Cap Rate 7%
$1,151,043
Cap Rate 9%
$895,256
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.34M
NOI $80,573 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$1.03M
$898.1K – $1.20M
NOI $71,850 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,217 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
406
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
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - 1999-built duplex with a four-bedroom primary residence, one-bedroom apartment, and finished outdoor entertaining area.
Where is this duplex located?
The property is located at 571 Rockaway Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Two‑family center hall colonial with a four‑bedroom primary residence; One‑bedroom apartment included; Heated in‑ground pool with backyard entertaining area
