Duplex with Separate
For Sale
$1,118,000
5775 Hylan Blvd, Staten Island, NY 10309
R3X-zoned residence offers flexible layouts, central air, and parking near schools, parks, retail, dining, and transportation.
Property Size3,600 SF
Price / SF$310.56
Days on Market225
Property Features for 5775 Hylan Blvd
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
central air
Building Details
Year Built
2001
Listing Agency:
Precious Properties Corp.
Listed By:
Tianting "Tim" Huang · License #10301213479
(646) 533-1900
Source:
Statenislandhomelistings
Added: Mar 17
Changed: Oct 25
Last Checked: Oct 26 at 4:31PM
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 Precious Properties Corp.
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Investment Insights
Based on property information with market context.
This 2,200-square-foot duplex, built in 2001, is configured as a two-family residence with three bedrooms and four bathrooms. The primary unit includes an open-concept arrangement for cooking, dining, and living, along with a private primary bedroom suite and full bath. A distinct studio unit adds a separate living area within the property. Central air, gas service, hot water, and a combination of brick and vinyl siding are also included.
The property is located at 5775 Hylan Boulevard in Staten Island’s Princess Bay neighborhood. Schools, parks, shopping, restaurants, and transportation are identified nearby, while on-site parking supports everyday residential use. R3X zoning and the two-unit configuration provide the core framework for evaluating the property.
The property is located at 5775 Hylan Boulevard in Staten Island’s Princess Bay neighborhood. Schools, parks, shopping, restaurants, and transportation are identified nearby, while on-site parking supports everyday residential use. R3X zoning and the two-unit configuration provide the core framework for evaluating the property.
Key Highlights
- 2,200‑square‑foot two‑family property at 5775 Hylan Boulevard
- Three bedrooms and four bathrooms
- Separate studio unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,526
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,790,520
$1.8M
Cap Rate 7%
$1,278,943
$1.3M
Cap Rate 9%
$994,733
$994.7K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$133.9K $37.20/SF
− Vacancy
−$6.0K −$1.67/SF
EGI
$127.9K $35.53/SF
− OpEx
−$38.4K −$10.66/SF
NOI
$89.5K $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%
$1,790,520
Cap Rate 7%
$1,278,943
Cap Rate 9%
$994,733
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,526 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$1.14M
$997.9K – $1.33M
NOI $79,834 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,241 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
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Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - R3X-zoned residence offers flexible layouts, central air, and parking near schools, parks, retail, dining, and transportation.
Where is this duplex located?
The property is located at 5775 Hylan Blvd Staten Island, NY.
What is the asking price?
The asking price for this property is $1,118,000.
What are key features of this property?
This property features: 2,200‑square‑foot two‑family property at 5775 Hylan Boulevard; Three bedrooms and four bathrooms; Separate studio unit
