Two-Family Ranch
78 Wolverine Street Staten Island, NY 10306
New
78 Wolverine Street, Staten Island, NY, 10306
$999,900
For Sale
$999,900
MULTI_FAMILY - Ranch - Staten Island, NY
Property Size2,100 SF
Lot Size0.10 Acres
Price / SF$476.14
Days on Market1
Property Features for 78 Wolverine Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3-1
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3
- Parking features
- Off Street, Driveway, On Street
- Standard status
- Active
- Size
- 2,100 SF
- Lot size
- 0.10 Acres
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.
(718) 987-7900
1678 Hylan Blvd., STATEN ISLAND, NY
Listed by
John A Vernazza
(917) 796-7504
Added: Jul 17 Checked: Jul 17 at 8:06 pm
MLS# 2604046
Listing URL
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.
Detached two-family ranch home situated in the heart of Oakwood, listed under R3-1 zoning. The property includes hardwood floors and hot water baseboard heat. The owner has occupied the home for over 50 years.
The layout features a master bedroom with a half bath. The larger one-bedroom apartment is located on the first floor, and the listing notes there is no lease tenant with interest in staying. The tenant is responsible for their own utilities, including gas and electric.
As a residential income property, this configuration supports a practical owner-and-tenant arrangement within a quiet residential setting, with the benefit of established long-term occupancy history and straightforward utility responsibility noted for the first-floor unit.
The layout features a master bedroom with a half bath. The larger one-bedroom apartment is located on the first floor, and the listing notes there is no lease tenant with interest in staying. The tenant is responsible for their own utilities, including gas and electric.
As a residential income property, this configuration supports a practical owner-and-tenant arrangement within a quiet residential setting, with the benefit of established long-term occupancy history and straightforward utility responsibility noted for the first-floor unit.
Key Highlights
- Detached 2‑family home in the heart of Oakwood
- Ranch style; built in 1960
- Hardwood floors and hot water baseboard heat
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 | $80.6k | $38.40 |
| − Vacancy | −$4.4k | −$2.11 |
| EGI | $76.2k | $36.29 |
| − OpEx | −$22.9k | −$10.89 |
| NOI | $53.3k | $25.40 |
2,100 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$762.0K
$666.8K – $889.1K
NOI $53,343 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$677.2K
$592.5K – $790.0K
NOI $47,401 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$1.00M
$876.8K – $1.17M
NOI $70,140 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Detached two-family home offers two bedrooms and a large first-floor one-bedroom unit with separate utility responsibility.
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 home in the heart of Oakwood; Ranch style; built in 1960; Hardwood floors and hot water baseboard heat
