Two-Family Modern
70 Cedar Terrace Staten Island, NY 10304
For Sale
$1,249,999
Built in 2021, this two-family home includes a 3-bedroom main unit and an additional 1-bedroom apartment.
Property Size2,840 SF
Price / SF$440.14
Days on Market309
Property Features for 70 Cedar Terrace
General Information
- Standard status
- Active
- Size
- 2,840 SF
- Property subtype
- MultiFamily
Listing Agency:
Robert DeFalco Realty, Inc.
(646) 704-5975
Listed By:
Lori Ann A Dzedovich · License #10401323889
(646) 704-5975
Source:
Compass
Added: Sep 21, 2025
Changed: Jul 23
Last Checked: Jul 23 at 1:38PM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 2021, this two-family modern colonial offers a main unit with three bedrooms and an open-concept layout. The first level features upgraded finishes, top-of-the-line appliances, and marble tile flooring, with recessed lighting and abundant natural sunlight throughout. An elegant staircase with a wrought iron banister leads to the second floor, where rich hardwood floors add warmth and character.
The property also includes a separate 1-bedroom apartment, which can support rental income or extended-family living. It is located just minutes from the Verrazano Bridge, express buses, and shopping, and the home is described as offering views of Staten Island.
The property also includes a separate 1-bedroom apartment, which can support rental income or extended-family living. It is located just minutes from the Verrazano Bridge, express buses, and shopping, and the home is described as offering views of Staten Island.
Key Highlights
- Built in 2021 two‑family modern colonial
- Main unit offers 3 bedrooms with open‑concept layout
- 1‑bedroom apartment on the property for rental income or extended family living
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 | $109.1k | $38.40 |
| − Vacancy | −$8.8k | −$3.10 |
| EGI | $100.3k | $35.30 |
| − OpEx | −$30.1k | −$10.59 |
| NOI | $70.2k | $24.71 |
2,840 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.00M
$877.2K – $1.17M
NOI $70,179 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$918.8K
$803.9K – $1.07M
NOI $64,315 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $94,857 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Built in 2021, this two-family home includes a 3-bedroom main unit and an additional 1-bedroom apartment.
Where is this duplex located?
The property is located at 70 Cedar Terrace Staten Island, NY.
What is the asking price?
The asking price for this property is $1,249,999.
What are key features of this property?
This property features: Built in 2021 two‑family modern colonial; Main unit offers 3 bedrooms with open‑concept layout; 1‑bedroom apartment on the property for rental income or extended family living
