$699,999

171 Silver Lake Rd Staten Island, NY 10301

$8,312
Closing credit¹
3 full
1,260 sqft
$556 / sqft
Multi-Family

Property details

About 171 Silver Lake Rd

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.

Highlights

Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
CoolingWindow Unit(s)
Size1,260 sqft
BasementYes
Year built1931
Parking1 Space,Built-In Garage, Carport
MLS #486943

Summary

  • MLS Number: 486943
  • Office Name: Lucblue Realty LLC

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view of front facade featuring a garage

$699,999

171 Silver Lake Rd

$8,312

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$27,216$5,185
2023$27,216$5,185
2021$33,720$5,059
2020$29,760$4,818
2018$22,680$4,438
2017$22,510$3,935

History based on county public records data.

Nearby schools

5

P.S. 45 John Tyler School

Public District PK-5

0.6 mi

58 Lawrence Ave

4

P.S. 31 William T. Davis School

Public District PK-5

0.9 mi

55 Layton Ave

5

PS 65 Academy of Innovative Learning (The)

Public District PK-5

1.0 mi

155 St Pauls Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $74,643. Residents of Staten Island, NY typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

15%
<35k
51%
35k-100k
26%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
12%
Single, with Kids
25%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
44%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • ToyotaToyota
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 171 Silver Lake Rd in Staten Island, NY and zip code 10301 in the North Shore neighborhood. This 1,260 square foot home was built in 1931. Features: 3 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $699,999.

While more than 20 listings in Staten Island, NY in January 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 38 were sold below. The number of listings in Staten Island, NY decreased by 4.2% between December and January 2025. Listings spent 65 days on the market in January 2025, and had a median list price of $725,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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