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Detached Duplex with Hardwood Floors
For Sale
$999,900
Pending

78 Wolverine Street, Staten Island, NY 10306

Residential Income, Staten Island, NY

Property Size2,100 SF
Lot Size0.10 Acres
Days on Market103

Property Features for 78 Wolverine Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3-1
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Parking features On Street, Driveway, Off Street
Lot features Front Yard, Back Yard
Subdivision Oakwood - New Dorp Heights
Standard status Pending
Size 2,100 SF
Lot size 0.10 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 6177

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas

Building Details

Year built 1960
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Architectural style Ranch
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: John A Vernazza
Added: Jul 17 Changed: Oct 25 Last Checked: Oct 27 at 4:06PM
MLS# 2604046

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.

Rey
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Investment Insights

Based on property information with market context.

This detached duplex offers 2,100 square feet of residential space on a 0.1017-acre lot. Built in 1960, the ranch-style property features hardwood floors, hot water baseboard heating, natural gas service, vinyl siding, and public sewer. The layout includes a primary bedroom with a half bath and a first-floor one-bedroom apartment. The first-floor occupant has no lease and would like to remain; the tenant pays gas and electric utilities directly.

Located on Wolverine Street in Staten Island’s Oakwood area, the property includes driveway and off-street parking along with on-street parking. R3-1 zoning supports its existing duplex configuration, while the property’s residential layout and separate apartment provide distinct living areas within the building.

Key Highlights

  • Detached 2‑family property with 2,100 square feet of space
  • 0.1017‑acre lot in Oakwood, Staten Island
  • First‑floor 1‑bedroom apartment; occupant would like to remain

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,343
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,066,860 $1.1M
Cap Rate 7%
$762,043 $762.0K
Cap Rate 9%
$592,700 $592.7K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$80.6K $38.40/SF
− Vacancy
−$4.4K −$2.11/SF
EGI
$76.2K $36.29/SF
− OpEx
−$22.9K −$10.89/SF
NOI
$53.3K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,066,860
Cap Rate 7%
$762,043
Cap Rate 9%
$592,700

Alternative Uses

Best Use
Multifamily LT 5
$762.0K
$666.8K – $889.1K (±1% cap)
NOI $53,343 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$677.2K
$592.5K – $790.0K (±1% cap)
NOI $47,401 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$1.00M
$876.8K – $1.17M (±1% cap)
NOI $70,140 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby

Demographics for 10306, NY

57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
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

Frequently Asked Questions

What type of property is this?
Duplex - Ranch-style duplex with hardwood floors and hot water baseboard heating.
Where is this duplex located?
The property is located at 78 Wolverine Street Staten Island, NY.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Detached 2‑family property with 2,100 square feet of space; 0.1017‑acre lot in Oakwood, Staten Island; First‑floor 1‑bedroom apartment; occupant would like to remain
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