Detached Two-Family Brick
For Sale
$1,295,000
11 Whitaker Place, Staten Island, NY 10304
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,590 SF
Lot Size0.09 Acres
Price / SF$500
Days on Market137
Property Features for 11 Whitaker Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
3
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 5, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Driveway, Open
Interior features
Walk-In Closet(s)
Fencing
Fenced
Basement
Finished, Full
Lot features
Back Yard
Subdivision
Dongan Hills-Above Hylan
Standard status
Active
Size
2,590 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
11384
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Amenities
gas fireplace
granite countertops
stainless steel appliances
central air
attached garage
private driveway
private yard
Building Details
Year built
2001
Floors in Building
3
Number of units
2
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Joyce Marchione
(718) 987-7900
Added: Apr 10
Changed: Aug 6
Last Checked: Aug 24 at 5:06PM
MLS# 2601889
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 brick two-family Center Hall Colonial built in 2001, offered as a move-in ready residence with space, storage, and separate living areas. The main home features three bedrooms and three-and-a-half bathrooms, including a primary suite with a walk-in closet and private bath. A family room with a gas fireplace connects to an updated eat-in kitchen with granite countertops, stainless steel appliances, a peninsula, and sliding doors to a private, maintenance-free yard for outdoor dining and a small garden.
A finished basement includes high ceilings, a private entrance, a full bathroom, and two additional rooms that can serve as bedrooms, an office, a gym, or extra living space, with ADU potential subject to approval. A separate studio apartment provides rental income. The home also includes an attached garage and a private driveway, hot water heat with natural gas, central air, and fencing. The property sits on a 0.0878-acre lot with approximately 2,590 square feet.
A finished basement includes high ceilings, a private entrance, a full bathroom, and two additional rooms that can serve as bedrooms, an office, a gym, or extra living space, with ADU potential subject to approval. A separate studio apartment provides rental income. The home also includes an attached garage and a private driveway, hot water heat with natural gas, central air, and fencing. The property sits on a 0.0878-acre lot with approximately 2,590 square feet.
Key Highlights
- Main home includes three bedrooms and three‑and‑a‑half bathrooms with a primary suite
- Gas fireplace family room opens to an updated eat‑in kitchen with granite and stainless appliances
- Private, maintenance‑free yard with space for outdoor dining and a small garden
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,001
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,280,020
$1.3M
Cap Rate 7%
$914,300
$914.3K
Cap Rate 9%
$711,122
$711.1K
Market Conditions
NOI Build-Up for 2,590 SF
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.
Gross rent
$99.5K $38.40/SF
− Vacancy
−$8.0K −$3.10/SF
EGI
$91.4K $35.30/SF
− OpEx
−$27.4K −$10.59/SF
NOI
$64.0K $24.71/SF
Area
ZIP 10304
Vacancy
8.07%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,280,020
Cap Rate 7%
$914,300
Cap Rate 9%
$711,122
Alternative Uses
Best Use
Multifamily LT 5
$914.3K
$800.0K – $1.07M
NOI $64,001 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$837.9K
$733.2K – $977.6K
NOI $58,654 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,507 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,333
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Detached two-family brick Colonial with central air, attached garage, and a studio apartment for rental income.
Where is this duplex located?
The property is located at 11 Whitaker Place Staten Island, NY.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Main home includes three bedrooms and three‑and‑a‑half bathrooms with a primary suite; Gas fireplace family room opens to an updated eat‑in kitchen with granite and stainless appliances; Private, maintenance‑free yard with space for outdoor dining and a small garden
