Water-View Duplex with
For Sale
$689,888
71 Walnut Avenue, Staten Island, NY 10308
Residential, Staten Island, NY
Property Size1,472 SF
Lot Size0.10 Acres
Price / SF$468.67
Days on Market251
Property Features for 71 Walnut Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Parking features
Carport, On Street
Patio and Porch features
Deck
Exterior features
Balcony
Fencing
Fenced
Basement
Full, Unfinished
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot features
Back Yard, Side
View
Water
Subdivision
Eltingville
Standard status
Active
APN
05311-0047
Size
1,472 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
5362
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
wrap around deck
private backyard
driveway
Building Details
Year built
1975
Floors in Building
2
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Stefano Borriello
(718) 987-7900
Added: Feb 18
Changed: Oct 25
Last Checked: Oct 27 at 3:06PM
MLS# 2600863
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 1,472-square-foot duplex is a 1975 brick Colonial with three bedrooms, two bathrooms, electric forced-air heat, and central air conditioning. The layout includes bright living areas and spacious bedrooms, while the fenced backyard, wraparound deck, and balcony extend the usable space outdoors. A dishwasher, refrigerator, microwave, washer, and dryer are included. Parking is provided by a carport, with additional on-street parking available.
The rear deck has water views, and the property is positioned one block from the water and steps from Nelson Park in the Great Kills area. Public sewer serves the property, which carries R3-1 zoning.
The rear deck has water views, and the property is positioned one block from the water and steps from Nelson Park in the Great Kills area. Public sewer serves the property, which carries R3-1 zoning.
Key Highlights
- 1,472 square feet in a duplex configuration
- Three bedrooms and two bathrooms
- Wraparound deck with water views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,606
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$732,120
$732.1K
Cap Rate 7%
$522,943
$522.9K
Cap Rate 9%
$406,733
$406.7K
Market Conditions
NOI Build-Up for 1,472 SF
Gross rent
$54.8K $37.20/SF
− Vacancy
−$2.5K −$1.67/SF
EGI
$52.3K $35.53/SF
− OpEx
−$15.7K −$10.66/SF
NOI
$36.6K $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%
$732,120
Cap Rate 7%
$522,943
Cap Rate 9%
$406,733
Alternative Uses
Best Use
Multifamily LT 5
$522.9K
$457.6K – $610.1K
NOI $36,606 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$466.3K
$408.0K – $544.1K
NOI $32,643 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$702.4K
$614.6K – $819.4K
NOI $49,165 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
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Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
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 - Brick Colonial duplex with three bedrooms, two bathrooms, fenced yard, and carport parking.
Where is this duplex located?
The property is located at 71 Walnut Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $689,888.
What are key features of this property?
This property features: 1,472 square feet in a duplex configuration; Three bedrooms and two bathrooms; Wraparound deck with water views
