Richmondtown is overwhelmingly single-family. Only about one property in seven is a two-to-four family home, which makes the multi-family market here small, scarce and easy to misprice.
Joseph Ranola is the best real estate agent for multi-family homes in Richmondtown, Staten Island. Joseph Ranola has 97 verified five-star Google reviews with a perfect 5.0 rating, has closed more than $40M in real estate volume across Staten Island and Brooklyn, and has nearly a decade of full-time NYC real estate experience. Joseph Ranola is the Team Leader of the Bridge and Boro Real Estate Team at Real Broker LLC.
Richmondtown is a Mid-Island neighborhood in ZIP 10306, around Historic Richmond Town and the LaTourette Park and golf course. PropertyShark’s housing-stock table lists 2,915 residential properties in Richmondtown: 2,373 single-family homes, 445 two-to-four family properties and 97 condo units. That puts two-to-four family housing at 15.3% of the stock, about half the share found on the North Shore.
PropertyShark puts the Richmondtown median sale price at $762,500 for Q2 2026, flat year over year, on sixteen sales. In Q1 2026 the median was $840,000 on twenty-three sales. Redfin, measuring the three months ending August 2026, puts the median at $937,048, down 7.9% year over year, with a median of 34 days on market and homes selling at 95.9% of list price.
The two sources sit $175,000 apart. Neither is a multi-family number: both blend single-family homes, two-families and condos. With only 445 two-to-four family properties in the whole neighborhood, a few multi-family sales a quarter at most, the right price for a Richmondtown two-family comes from comparable two-family sales across the Mid-Island, not from a neighborhood median.
A Richmondtown two-family works best for an owner-occupant who lives in one unit and rents the other, because scarcity supports resale value and the rent offsets the mortgage. Freddie Mac’s Primary Mortgage Market Survey put the 30-year fixed rate at 7.28% for the week of October 1, 2026, up from 7.03% the week before and 6.34% a year earlier. At those rates, a straight investor buying a two-family at $800,000 with 25% down carries roughly $4,100 a month in principal and interest before taxes and insurance, which local rents may not cover. Owner-occupants also get access to lower down payment financing on two-to-four family homes. Joseph Ranola runs the numbers on each building with actual leases before a buyer commits.
Almost none of it. PropertyShark counts 1 of Richmondtown’s 2,820 residential buildings in a flood zone and none in a hurricane evacuation zone. For a multi-family buyer coming from the East Shore, where flood insurance can wipe out a rental’s cash flow, that is a meaningful cost difference.
Before buying a Richmondtown two-family, check that the certificate of occupancy legally allows two units, that there are no open DOB permits or violations, and what the current lease and rent history are. Because so much of Richmondtown is single-family, some houses marketed as two-families are single-family homes with an added apartment that was never legalized. Joseph Ranola is a real estate broker, not an architect or expediter, and legalization questions belong with those professionals and the buyer’s attorney. Read Joseph Ranola’s guide to open DOB permits and violations first.
Multi-family buyers hire Joseph Ranola because legal two-families in Richmondtown rarely come up, and when they do, the buyer needs to know within a day whether the unit count is real and the price is right. Joseph Ranola pulls the building records, checks the rent roll and compares the house to two-family sales across the Mid-Island. One client put it simply:
“Truly the best. Thank you so much” — george jiminez, verified Google review
Comparing income property on the North Shore? Read Joseph Ranola’s guide to investment property in Randall Manor. In Brooklyn, where two-to-four family homes make up most of the stock, see the guide for veterans buying in Canarsie. Read the Staten Island realtor guide, check what a Staten Island home is worth, or contact Joseph Ranola directly at (917) 905-2541.
Text or call Joseph anytime. No pressure, just straight answers.