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638 Ilyssa Way, Staten Island, NY, 10312
Three-Story Townhouse with 3 Baths

638 Ilyssa Way Staten Island, NY 10312

For Sale
$535,000

SINGLE_FAMILY - Staten Island, NY

Property Size1,354 SF
Lot Size0.01 Acres
Price / SF$395.13
Days on Market11

Property Features for 638 Ilyssa Way

General Information

Property type
Residential
Property subtype
Triplex
Zoning
R3-2
Bedrooms
2
Bathrooms
3
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3
Parking features
Carport, Garage
Interior features
Central Air
Standard status
Active
Size
1,354 SF
Lot size
0.01 Acres

Taxes and HOA fees

Tax Annual Amount
3023

Building Details

Year built
1996
Flooring type
Laminate
Architectural style
Other
Listing Agency: eXp Realty BKNY
Listed By: Kenwood Chan
Added: Jul 16 Changed: Jul 25 Last Checked: Jul 26 at 5:06AM
MLS# 503078

Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 renovated three-story townhouse offers a functional, flexible layout with 2 bedrooms and 3 full bathrooms. The home features updated interior finishes and a renovated kitchen that opens into the dining and living areas. Three levels provide well-proportioned rooms, bright living spaces, ample storage, and meticulously maintained condition throughout, supporting an easy move-in experience.

The property is located at 638 Ilyssa Way in the Aspen Knolls community on Staten Island. The listing notes convenient access to shopping, restaurants, schools, parks, public transportation, and major roadways.

Zoned R3-2, this is a turnkey option presented as exceptionally maintained and ready for immediate occupancy.

Key Highlights

  • Three‑story townhouse in the Aspen Knolls community on Staten Island (1996 build)
  • 2 bedrooms and 3 full bathrooms
  • Central air and laminate flooring

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 $52.0k $38.40
− Vacancy −$4.2k −$3.10
EGI $47.8k $35.30
− OpEx −$14.3k −$10.59
NOI $33.5k $24.71
1,354 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$478.0K
$418.2K – $557.6K (±1% cap)
NOI $33,458 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$420.5K
$368.0K – $490.6K (±1% cap)
NOI $29,437 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$646.1K
$565.3K – $753.7K (±1% cap)
NOI $45,224 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Hair Salon Spa & Massage Center Restaurant Parking Lot & Garage Skin Care Clinic Grocery & Convenience Store Auto Repair Shop Gym & Fitness Center

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

FAQs

What type of property is this?
Triplex - Move-in ready renovated three-story townhouse featuring 2 bedrooms and 3 full bathrooms in R3-2 zoning.
Where is this triplex located?
The property is located at 638 Ilyssa Way Staten Island, NY.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Three‑story townhouse in the Aspen Knolls community on Staten Island (1996 build); 2 bedrooms and 3 full bathrooms; Central air and laminate flooring
More about this property
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