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.
Tompkinsville, located between St. George and Stapleton, is a waterfront and residential New York neighborhood with a working-harbor edge and a low-rise streetscape. The neighborhood’s character concentrates around Victory Boulevard near Bay Street, where ferry-bound foot traffic meets corner groceries, Sri Lankan eateries, and small storefront services. Rows of attached brick and wood-frame houses mix with mid-century apartment buildings on leafy blocks that slope toward the harbor. The Staten Island Ferry terminal at St. George sets the daily rhythm, with views and breezes along the shoreline. Snug Harbor Cultural Center & Botanical Garden and the Staten Island Museum anchor nearby cultural time. Tompkinsville Park adds courts and open lawn for a reset between errands and commutes.
Provided by Walk Score and Local Logic
Property details
Parking
Parking Information
Parking Feature Single: Carport
Parking Attributes: 1 Space, Built-In Garage
Interior
Room Information
Basement Amenities: Finished, Partial
Bathroom Information
# of Baths (Full): 3
Interior Features
A/C Unit - Window
Hardwood Floors
# of AC Units: 3
Mutli-Unit Information
# of Units: 2
Unit 1 Information
Unit Floor: 1
Unit Type: 4+ Bedrooms
# of Beds (Total): 4
# of Baths (Total): 1
# of Baths (Full): 1
# of Rooms (Total): 6
Status: Month-to-Month
Unit 2 Information
Unit Floor: 2
Unit Type: 2 Bedrooms
# of Beds (Total): 2
# of Baths (Total): 2
# of Baths (Full): 2
# of Rooms (Total): 4
Status: Month-to-Month
Exterior
Building Information
Semi-Detached Building
Building Amenities: NONE
Building Footprint Sq Ft: 629
Building Dimensions: 37.00 x 17.00
Construction Materials: Brick, Wood Frame
Exterior: Brick, Stucco
Shingle Roof
Poured Concrete Foundation
Exterior Features
Back Yard
Property Information
Residential
Sq Ft Total: 1260
Lot Information
Lot Number: 16
Zoning: R3A
Financial
Tax Information
Tax Amount: $5,466
Financing Information
Financing: Exchange Considered, Assumption, Bank Mortgage, Cash
Utilities
Utilities
Electric: 110V
Hot Water: Gas
Heating Fuel: Gas
Heat Delivery: Hot Water
Electricity and solar
View estimated energy costs and solar savings for this home
Home facts updated by county records on Sep 9, 2026
Sale and tax history for 171 Silver Lake Rd
Sale History
Tax History
Date
Event
Price
SIBORMLS #2405894
May 21, 2025
Listing Removed
—
Oct 23, 2024
Listed
$699,999
$556/sq ft
BNYMLS #486943
Apr 30, 2025
Pending
—
Oct 21, 2024
Listed
$699,999
$556/sq ft
SIBORMLS #1029544
Feb 17, 2016
Listing Removed
—
Sep 18, 2006
Listed
$589,000
$467/sq ft
SIBORMLS #1042171
Apr 9, 2008
Listing Removed
—
Dec 17, 2007
Listed
$579,000
$460/sq ft
Public Records
Dec 29, 1993
Sold
$170,000
$135/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,794 (+6.0%)
$11,400 + $27,780
$39,180
2024
$5,466 (+4.3%)
$11,400 + $21,540
$32,940
2023
$5,243 (+2.7%)
$11,400 + $21,660
$33,060
2022
$5,105 (+0.8%)
$11,400 + $25,740
$37,140
2021
$5,067 (+5.1%)
$11,400 + $24,900
$36,300
2020
$4,819 (+7.9%)
$11,400 + $22,320
$33,720
2019
$4,465 (+0.6%)
$11,400 + $18,360
$29,760
2018
$4,439 (+3.5%)
$11,400 + $17,700
$29,100
2017
$4,289 (+9.0%)
$9,698 + $12,812
$22,510
2016
$3,935 (+9.1%)
$9,698 + $12,812
$22,510
2015
$3,608 (−2.7%)
$10,964 + $10,272
$21,236
2014
$3,708 (+8.1%)
$12,660 + $6,240
$18,900
2013
$3,430
$12,393 + $7,577
$19,970
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
20 ft.
Lot depth
120 ft.
Lot size
2,400 Sq. Ft.
Year renovated
1931
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,260
Year built
1931
Style
Multi-Family (2-4 Unit)
County
Richmond County
APN
001280016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
R3A
HS
Low-Density Non-Contextual Residence District
Characteristic of many of the city's older neighborhoods, R3A contextual districts feature modest single- and two-family detached residences on zoning lots as narrow as 25 ft in width. Parts of College Point and Whitestone in Queens, City Island in the Bronx and Port Richmond in Staten Island are typical R3A neighborhoods. The amount of required open space on residential lots in R3A districts is governed by yard requirements. New detached homes must have two side yards totaling at least 8 ft, but there is no minimum width requirement for either one. R3A districts also permit zero lot line buildings which are set along a side lot line and have 1 side yard at least 8 ft wide. The front yard of a new home must be at least 10 ft deep and, to promote a unified streetscape, it must be as deep as an adjacent front yard but need not exceed a depth of 20 ft. The maximum floor area ratio (FAR) of 0.5 may be increased up to 20 percent by an attic allowance for the inclusion of space beneath a pitched roof. The perimeter wall may rise to 21 ft before sloping or being set back to a maximum building height of 35 ft. Parking is in the side or rear yard but an in-house garage is allowed if the lot is 35 ft or wider, provided the driveway is at least 18 ft deep. One off-street parking space is required for each dwelling unit.
Zone overlays
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Community / recreation center
Religious facility
Housing-Single unit
Housing-Other
Library
Museum / gallery
Golf related
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
6/10 Wind Factor
60% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Staten Island, NY • 10301
Average low and high temperatures (°F)
36
25
39
27
54
38
63
47
71
55
82
66
86
71
80
66
77
64
67
53
56
43
41
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
52/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
5.9 hrs
3.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 171 Silver Lake Rd
$674,563
$25K under list price of $700K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $589K to $872K.