Three-Bedroom Duplex with Finished
For Sale
$639,000
177 Lorraine Loop, Staten Island, NY 10309
Residential, Duplex, Staten Island, NY
Property Size1,565 SF
Lot Size0.05 Acres
Price / SF$408.31
Days on Market16
Property Features for 177 Lorraine Loop
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Parking features
Carport
Interior features
Central Air, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Rossville
Standard status
Active
Size
1,565 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5821
Amenities
above-ground pool
screened-in porch
finished basement
laundry area
Building Details
Year built
1990
Floors in Building
3
Flooring type
Carpet, Tile, Hardwood
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Renzhang Danny Dong · License #RD7348
(718) 612-3088
Added: Aug 11
Changed: Aug 24
Last Checked: Aug 26 at 8:06AM
MLS# 503669
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 1,565-square-foot duplex property was built in 1990 and arranged across two primary floors plus a finished basement. The main level includes a living room, dining area, eat-in kitchen, and screened porch, while the upper level contains three bedrooms and a full bathroom. The lower level adds a recreation room, laundry area, bathroom, and storage room. Central air, hardwood, tile, and carpet flooring, along with a refrigerator and stove, are included.
The 0.0534-acre lot provides side and rear outdoor areas with an above-ground pool. A carport serves the property, which is located at 177 Lorraine Loop in Staten Island, NY 10309. The property is zoned R3-2.
The 0.0534-acre lot provides side and rear outdoor areas with an above-ground pool. A carport serves the property, which is located at 177 Lorraine Loop in Staten Island, NY 10309. The property is zoned R3-2.
Key Highlights
- 1,565 SF duplex property built in 1990
- Three bedrooms and two bathrooms across the residence
- Finished basement with recreation room, laundry area, bathroom, and storage room
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
$38,919
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
6.09%
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%
$778,380
$778.4K
Cap Rate 7%
$555,986
$556.0K
Cap Rate 9%
$432,433
$432.4K
Market Conditions
NOI Build-Up for 1,565 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
$58.2K $37.20/SF
− Vacancy
−$2.6K −$1.67/SF
EGI
$55.6K $35.53/SF
− OpEx
−$16.7K −$10.66/SF
NOI
$38.9K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /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%
$778,380
Cap Rate 7%
$555,986
Cap Rate 9%
$432,433
Alternative Uses
Best Use
Multifamily LT 5
$556.0K
$486.5K – $648.7K
NOI $38,919 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$495.8K
$433.8K – $578.4K
NOI $34,705 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$746.7K
$653.4K – $871.2K
NOI $52,271 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
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 - Semi-attached residential property with flexible lower-level space, screened porch, carport, and an above-ground pool.
Where is this duplex located?
The property is located at 177 Lorraine Loop Staten Island, NY.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: 1,565 SF duplex property built in 1990; Three bedrooms and two bathrooms across the residence; Finished basement with recreation room, laundry area, bathroom, and storage room
