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Two-Family Duplex with Detached Garage
For Sale
$875,000
Pending

69 Chelsea Street, Staten Island, NY 10307

Residential Income, Staten Island, NY

Property Size1,936 SF
Lot Size0.08 Acres
Days on Market130

Property Features for 69 Chelsea Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3A
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Parking features Off Street
Basement Full, Partially Finished
Lot features Front Yard, Back Yard
Subdivision Tottenville
Standard status Pending
APN 7900-71
Size 1,936 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 7908

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Steam

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Building materials Aluminum Siding
Listing Agency: Keller Williams Realty Staten Island
Listed By: Noreen Giacopelli
Added: Jun 5 Changed: Oct 8 Last Checked: Oct 12 at 8:06PM
MLS# 2603152

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.

Investment Insights

Based on property information with market context.

This 1,936-square-foot duplex, built in 1910, contains two apartments configured as one three-bedroom residence and one one-bedroom residence. The main unit includes living and dining rooms, an eat-in kitchen with granite countertops, three bedrooms, a full bathroom, and yard access. The upper apartment provides living and dining areas, a kitchen, one bedroom, and a full bathroom. Hardwood floors and natural light are present in both apartments.

The finished basement adds flexible household space along with laundry, built-in shelving, newer windows, and the utilities area. A detached garage has a new overhead door with remote access and a new side entrance. The driveway accommodates up to four vehicles, while the maintenance-free yard includes privacy trees. The property uses steam and natural gas heat, has public sewer service, aluminum siding, and is zoned R3A.

The 0.0824-acre property is located in Staten Island near waterfront parkland, beaches, dining, shopping, schools, buses, trains, and the SI Expressway.

Key Highlights

  • Two apartments configured as 3‑bedroom and 1‑bedroom units
  • 1,936 square feet on a 0.0824‑acre lot
  • Detached garage with new overhead door and side entry door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,145
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$962,900 $962.9K
Cap Rate 7%
$687,786 $687.8K
Cap Rate 9%
$534,944 $534.9K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$72.0K $37.20/SF
− Vacancy
−$3.2K −$1.67/SF
EGI
$68.8K $35.53/SF
− OpEx
−$20.6K −$10.66/SF
NOI
$48.1K $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%
$962,900
Cap Rate 7%
$687,786
Cap Rate 9%
$534,944

Alternative Uses

Best Use
Multifamily LT 5
$687.8K
$601.8K – $802.4K (±1% cap)
NOI $48,145 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$613.3K
$536.7K – $715.6K (±1% cap)
NOI $42,933 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$923.8K
$808.3K – $1.08M (±1% cap)
NOI $64,663 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Spa & Massage Center Daycare Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - R3A-zoned duplex with separate apartments, finished basement space, off-street parking, and convenient Staten Island access.
Where is this duplex located?
The property is located at 69 Chelsea Street Staten Island, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two apartments configured as 3‑bedroom and 1‑bedroom units; 1,936 square feet on a 0.0824‑acre lot; Detached garage with new overhead door and side entry door
More about this property
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