Duplex With Private
For Sale
$938,000
Pending
157 Shotwell Avenue, Staten Island, NY 10312
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,000 SF
Lot Size0.09 Acres
Days on Market146
Property Features for 157 Shotwell Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1
Parking features
Driveway
Pool private
1
Interior features
Walk-In Closet(s)
Exterior features
Balcony
Basement
Partially Finished
Lot features
Back Yard
Subdivision
Annadale
Standard status
Pending
APN
05669-0020
Size
2,000 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
8645
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1980
Floors in Building
3
Number of units
1
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Lin Chen · License #LC2842
(718) 987-7900
Added: Apr 1
Changed: Aug 2
Last Checked: Aug 24 at 10:06PM
MLS# 2601693
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.
This two-family semi-attached Colonial home is zoned R3-1 and built in 1980. The main unit is on the second floor and offers a spacious living/dining open layout, an eat-in kitchen, a family room, a master bedroom with a 3/4 bath, two additional bedrooms, and a balcony. A walk-in closet and hardwood floors are included. The home also features a part/finished basement for additional storage, as well as forced air heat with natural gas and central air. Parking is provided via a driveway.
The first level includes a one-bedroom apartment with a private entry. The property sits on a 30x130 lot, with public sewer service. A solar panel lease is in place with 5-6 years remaining on the contract. The home has vinyl siding, and the layout includes garage space.
With its two separate living areas, this property can support an owner-occupant arrangement or a rental strategy.
The first level includes a one-bedroom apartment with a private entry. The property sits on a 30x130 lot, with public sewer service. A solar panel lease is in place with 5-6 years remaining on the contract. The home has vinyl siding, and the layout includes garage space.
With its two separate living areas, this property can support an owner-occupant arrangement or a rental strategy.
Key Highlights
- Two‑family semi‑attached Colonial home built in 1980 with central air
- Private pool and balcony as exterior features
- Main unit on the second floor with living/dining open floor plan plus eat‑in kitchen
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
$49,422
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
5.27%
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%
$988,440
$988.4K
Cap Rate 7%
$706,029
$706.0K
Cap Rate 9%
$549,133
$549.1K
Market Conditions
NOI Build-Up for 2,000 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
$76.8K $38.40/SF
− Vacancy
−$6.2K −$3.10/SF
EGI
$70.6K $35.30/SF
− OpEx
−$21.2K −$10.59/SF
NOI
$49.4K $24.71/SF
Area
ZIP 10312
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%
$988,440
Cap Rate 7%
$706,029
Cap Rate 9%
$549,133
Alternative Uses
Best Use
Multifamily LT 5
$706.0K
$617.8K – $823.7K
NOI $49,422 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$621.2K
$543.5K – $724.7K
NOI $43,481 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$954.3K
$835.0K – $1.11M
NOI $66,800 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-family semi-attached home zoned R3-1 with central air and a private pool.
Where is this duplex located?
The property is located at 157 Shotwell Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $938,000.
What are key features of this property?
This property features: Two‑family semi‑attached Colonial home built in 1980 with central air; Private pool and balcony as exterior features; Main unit on the second floor with living/dining open floor plan plus eat‑in kitchen
