New-Construction Two-Unit
For Sale
$1,499,999
685 Oakland Avenue, Staten Island, NY 10310
A finished lower-level two-bedroom accessory dwelling unit has its own heating and air-conditioning system.
Property Size3,403 SF
Lot Size0.09 Acres
Price / SF$440.79
Days on Market19
Property Features for 685 Oakland Avenue
General Information
Standard status
Active
Size
3,403 SF
Total Parking Spaces
4
Lot size
0.09 Acres
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 4BR, 1 x 2BR
Multifamily Units
2
Amenities
stainless steel appliances
lawn irrigation
manicured landscaping
laundry area
Building Details
Building Size
3,403 SF
Year Built
2026
Buildings
1
Listing Agency:
James Pannullo Real Estate Inc.
Listed By:
James Pannullo
(718) 608-4702
Source:
Wonicarealtors
Added: Sep 24
Changed: Oct 12
Last Checked: Oct 11 at 2:15PM
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 James Pannullo Real Estate Inc.
Investment Insights
Based on property information with market context.
Completed in 2026, this 3,403-square-foot duplex occupies a 40 x 100 lot. The main residence has four bedrooms, including a primary suite with a private bathroom and walk-in closet. Oak flooring finishes the second floor, while the first floor includes living and dining areas, a family room, and a kitchen with stainless steel appliances. The exterior combines stone and board-and-batten finishes.
A separate, fully finished two-bedroom accessory dwelling unit is located on the lower level. The basement also contains laundry and utility areas, with direct access to the built-in one-car garage. Heating and air conditioning are fully electric; the accessory unit has its own system. The property includes off-street parking for up to three additional vehicles and exterior lawn irrigation.
The property is in Sunset Hill, with access to the Verrazano-Narrows Bridge, Clove Road, the Staten Island Ferry Terminal, and express bus service to Manhattan.
A separate, fully finished two-bedroom accessory dwelling unit is located on the lower level. The basement also contains laundry and utility areas, with direct access to the built-in one-car garage. Heating and air conditioning are fully electric; the accessory unit has its own system. The property includes off-street parking for up to three additional vehicles and exterior lawn irrigation.
The property is in Sunset Hill, with access to the Verrazano-Narrows Bridge, Clove Road, the Staten Island Ferry Terminal, and express bus service to Manhattan.
Key Highlights
- 3,403‑square‑foot duplex on a 40 x 100 lot
- Four‑bedroom main residence plus a two‑bedroom accessory dwelling unit
- Finished lower‑level unit has separate heating and air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,626
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,692,520
$1.7M
Cap Rate 7%
$1,208,943
$1.2M
Cap Rate 9%
$940,289
$940.3K
Market Conditions
NOI Build-Up for 3,403 SF
Gross rent
$126.6K $37.20/SF
− Vacancy
−$5.7K −$1.67/SF
EGI
$120.9K $35.53/SF
− OpEx
−$36.3K −$10.66/SF
NOI
$84.6K $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%
$1,692,520
Cap Rate 7%
$1,208,943
Cap Rate 9%
$940,289
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,626 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$1.08M
$943.3K – $1.26M
NOI $75,465 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,661 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
Explore this area
Business Placement
Demographics for 10310, NY
26,667
Population
9,909
Households
2.7
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
14,815
Density / Sq Mi
$106,118
Median Household Income
$57,861
Median Earnings
$1,638
Median Rent
$623,300
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 - A finished lower-level two-bedroom accessory dwelling unit has its own heating and air-conditioning system.
Where is this duplex located?
The property is located at 685 Oakland Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: 3,403‑square‑foot duplex on a 40 x 100 lot; Four‑bedroom main residence plus a two‑bedroom accessory dwelling unit; Finished lower‑level unit has separate heating and air conditioning
