Side-by-Side Two-Family
75-77 Kreischer Street Staten Island, NY 10309
75-77 Kreischer Street, Staten Island, NY, 10309
$629,000
For Sale
$629,000
Detached two-family home on M1-1 land, sold as-is and requires full renovation due to disrepair.
Property Size1,440 SF
Lot Size0.22 Acres
Price / SF$436.81
Days on Market240
Property Features for 75-77 Kreischer Street
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 0.22 Acres
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1920
Listing agency
Century 21 Papp Realty
(646) 210-8265
Listed by
Angelo Pappalardo · License #10311207495
(646) 210-8265
Source
Compass
Added: Nov 25, 2025 Updated: Jul 22 at 8:20AM Checked: Jul 22 at 8:20AM
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 Century 21 Papp Realty
Investment Insights
Based on property information with market context.
This side-by-side, 2-family detached home is sited on M1-1 commercial land and includes a landmark status designation for the homes only. The property is being sold as-is and is in disrepair, with the home requiring full renovation. The offering also allows for consideration of uses consistent with the underlying M1-1 zoning, including development and/or leasing related to commercial parking, subject to applicable approvals.
Access is described as convenient to major regional routes including the Korean War Veterans Parkway, West Shore Expressway, Staten Island Expressway, Outerbridge Crossing, New Jersey Turnpike, and Garden State Parkway, with access to nearby public transportation.
The property address is 75-77 Kreischer Street in Staten Island. Please do not enter the property, land, or homes without the listing agent and owners present; trespassing may be prosecuted to the fullest extent of the law.
Access is described as convenient to major regional routes including the Korean War Veterans Parkway, West Shore Expressway, Staten Island Expressway, Outerbridge Crossing, New Jersey Turnpike, and Garden State Parkway, with access to nearby public transportation.
The property address is 75-77 Kreischer Street in Staten Island. Please do not enter the property, land, or homes without the listing agent and owners present; trespassing may be prosecuted to the fullest extent of the law.
Key Highlights
- Detached side‑by‑side 2‑family home on M1‑1 land with 9,800+ sq ft
- Sold as‑is; property is in disrepair and needs to be fully renovated
- Landmarked status on the home (land only is not landmarked)
Local 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 | $53.6k | $37.20 |
| − Vacancy | −$2.4k | −$1.67 |
| EGI | $51.2k | $35.53 |
| − OpEx | −$15.3k | −$10.66 |
| NOI | $35.8k | $24.87 |
1,440 SF · lease $37.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$511.6K
$447.6K – $596.8K
NOI $35,810 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$456.2K
$399.2K – $532.2K
NOI $31,933 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$687.1K
$601.2K – $801.6K
NOI $48,096 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Detached two-family home on M1-1 land, sold as-is and requires full renovation due to disrepair.
Where is this duplex located?
The property is located at 75-77 Kreischer Street Staten Island, NY.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Detached side‑by‑side 2‑family home on M1‑1 land with 9,800+ sq ft; Sold as‑is; property is in disrepair and needs to be fully renovated; Landmarked status on the home (land only is not landmarked)
