Investment Opportunity in Silver Lake – Two-Family with Rental Income (Sold As-Is) Located on Silver Lake Road, this semi-attached two-family property offers great potential for investors or buyers looking to generate rental income. The lot spans 2,400 sq. ft., with a building footprint of 17 ft x 37 ft. A built-in garage and one-car carport provide convenient parking options. The primary unit is a spacious 4-bedroom, 1-bathroom apartment currently rented for $2,500. On the upper level, one rented studio generating $1,300 per month. The property is being sold as-is and requires significant work, making it a fantastic opportunity for someone ready to invest in updates and care. With both units already generating rental income and the potential for more, this property could become a valuable asset in a prime Staten Island location. Located in the desirable Silver Lake area, this property offers easy access to Silver Lake Park for outdoor activities and relaxation. The neighborhood is well-connected, with nearby bus routes like the S48 and S98, and close proximity to the Staten Island Expressway for easy commutes. Forest Avenue shops and restaurants are just minutes away. The area is also served by top-rated schools, including P.S. 45 and I.S. 27, making it ideal for families.
Pending
$699,999
171 Silver Lake Rd, Staten Island, NY 10301
--beds
1,260sqft
Multi Family
Built in 1931
-- sqft lot
$677,200 Zestimate®
$556/sqft
$-- HOA
What's special
Rented studio
- 508 days |
- 27 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 30, 2025 at 06:07am
Listing by:
Lucblue Realty LLC 718-500-1919,
Lucy Badwan 917-780-7881
Source: BNYMLS,MLS#: 486943
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Finished,Partial
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport, 1 Space, Built-In Garage
- Has attached garage: Yes
- Has carport: Yes
Features
- Stories: 2
Lot
- Size: 2,400 Square Feet
- Dimensions: 20x120
- Features: Back Yard
Details
- Foundation area: 629
- Parcel number: 001280016
- Zoning: R3A
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick, Stucco, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1931
Utilities & green energy
- Electric: 110 V
Community & HOA
Community
- Subdivision: Staten Island
Location
- Region: Staten Island
Financial & listing details
- Price per square foot: $556/sqft
- Tax assessed value: $551,000
- Annual tax amount: $5,466
- Date on market: 10/21/2024
- Cumulative days on market: 509 days
Estimated market value
$677,200
$623,000 - $731,000
$3,072/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2025 | Pending sale | $699,999$556/sqft |
Source: | ||
| 10/21/2024 | Listed for sale | $699,999+180%$556/sqft |
Source: | ||
| 2/24/2003 | Sold | $250,000$198/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,466 | $33,060 -11% |
| 2023 | -- | $37,140 +2.3% |
| 2022 | -- | $36,300 +7.7% |
| 2021 | -- | $33,720 +13.3% |
| 2020 | $4,793 +6.4% | $29,760 +2.3% |
| 2019 | $4,504 | $29,100 +28.3% |
| 2018 | -- | $22,680 +0.8% |
| 2017 | $4,589 +16.6% | $22,510 +6% |
| 2016 | $3,935 | $21,236 +6% |
| 2015 | $3,935 +18.5% | $20,034 +6% |
| 2014 | $3,322 | $18,900 -5.4% |
| 2013 | -- | $19,970 +6% |
| 2012 | -- | $18,840 -6.8% |
| 2011 | -- | $20,220 +3.5% |
| 2010 | -- | $19,537 +6% |
| 2009 | -- | $18,432 |
| 2008 | -- | $18,432 +0.8% |
| 2007 | -- | $18,292 +6% |
| 2006 | -- | $17,257 +6% |
| 2005 | -- | $16,281 +6% |
| 2004 | -- | $15,360 |
| 2003 | -- | $15,360 +0.8% |
| 2002 | -- | $15,244 +6% |
| 2001 | -- | $14,382 +6% |
| 2000 | -- | $13,568 |
Find assessor info on the county website
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Neighborhood: Tompkinsville
Nearby schools
GreatSchools rating
- 6/10Ps 45 John TylerGrades: PK-5Distance: 0.6 mi
- 2/10Is 61 William A MorrisGrades: 6-8Distance: 0.1 mi
- 4/10Curtis High SchoolGrades: 9-12Distance: 1.1 mi






