Two-Family Duplex with Finished
New
For Sale
$699,000
61 Cortlandt Street, Staten Island, NY 10302
Residential Income, Staten Island, NY
Property Size1,668 SF
Lot Size0.06 Acres
Price / SF$419.06
Days on Market3
Property Features for 61 Cortlandt Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3A
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1
Parking features
On Street
Patio and Porch features
Patio
Fencing
Fenced
Basement
Full, Unfinished
Lot features
Front Yard, Back Yard
Subdivision
Port Richmond
Standard status
Active
APN
1039-35
Size
1,668 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
5503
Utilities
Sewer type
Public Sewer
Heating system
Steam, Oil
Cooling system
Wall Unit(s)
Building Details
Year built
1920
Floors in Building
3
Number of units
1
Building materials
Aluminum Siding, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Gamaliel Cardona
(347) 361-1830
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 23 at 3:06PM
MLS# 2605935
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.
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Investment Insights
Based on property information with market context.
This 1,668-square-foot Colonial duplex contains two family units and a finished attic used as living space. Built in 1920, the home has oil-fired steam heat, wall-unit cooling, a patio, and fenced outdoor space. On-street parking is available.
The 0.0574-acre property is in Staten Island and zoned R3A. Public sewer serves the property.
The 0.0574-acre property is in Staten Island and zoned R3A. Public sewer serves the property.
Key Highlights
- Two‑family Colonial built in 1920
- 1,668 square feet on a 0.0574‑acre lot
- Finished attic provides additional living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,480
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$829,600
$829.6K
Cap Rate 7%
$592,571
$592.6K
Cap Rate 9%
$460,889
$460.9K
Market Conditions
NOI Build-Up for 1,668 SF
Gross rent
$62.0K $37.20/SF
− Vacancy
−$2.8K −$1.67/SF
EGI
$59.3K $35.53/SF
− OpEx
−$17.8K −$10.66/SF
NOI
$41.5K $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%
$829,600
Cap Rate 7%
$592,571
Cap Rate 9%
$460,889
Alternative Uses
Best Use
Multifamily LT 5
$592.6K
$518.5K – $691.3K
NOI $41,480 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$528.4K
$462.4K – $616.5K
NOI $36,990 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$795.9K
$696.4K – $928.5K
NOI $55,712 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,904
Businesses Nearby
Explore this area
Business Placement
Demographics for 10302, NY
20,931
Population
6,927
Households
3
Avg Household Size
35
Median Age
29%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
17,443
Density / Sq Mi
$76,089
Median Household Income
$43,608
Median Earnings
$1,800
Median Rent
$586,300
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 - A finished attic adds living area to this two-family property near public transportation.
Where is this duplex located?
The property is located at 61 Cortlandt Street Staten Island, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑family Colonial built in 1920; 1,668 square feet on a 0.0574‑acre lot; Finished attic provides additional living space
