Two-Family Colonial Duplex with
For Sale
$1,199,000
Pending
190 Manhattan Street, Staten Island, NY 10307
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,488 SF
Lot Size0.09 Acres
Days on Market131
Property Features for 190 Manhattan Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Parking features
On Street, Driveway, Carport
Patio and Porch features
Patio, Deck
Pool private
1
Fencing
Fenced
Basement
Apartment, Full
Lot features
Front Yard, Back Yard
Subdivision
Tottenville
Standard status
Pending
APN
07891-0026
Size
3,488 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
12017
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Amenities
double door entry
gas fireplace
central air
hardwood floors
inground pool
stamped concrete patio
landscaped
Building Details
Year built
2002
Floors in Building
2
Number of units
2
Building materials
Brick, Stucco, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Berkshire Hathaway HomeService Cangiano Estates
(718) 605-5800
Listed By:
Traci A Cangiano
(718) 605-5800
Added: Apr 15
Changed: Aug 3
Last Checked: Aug 23 at 3:06PM
MLS# 2601984
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.
Welcome to this well maintained two-family detached side hall Colonial. Built in 2002, the home features a double door entry, a side hall two-story entry, and an open staircase. The main residence includes a living room and dining room combination, an eat-in kitchen with stainless steel appliances, granite countertops, and sliders to the backyard, plus a large family room with a gas fireplace. Hardwood floors run throughout, with three bedrooms upstairs and a king-sized primary suite with a four-piece bath. Laundry for the main unit is located on the second floor. The property also includes updated bathrooms, central air, and baseboard heat.
The fully finished lower level offers an extra large 2-bedroom apartment with a designed kitchen with quartz countertops, a marble bathroom, a laundry room, and a comfortable living room—suited for additional income or multi-generational living. Outside, enjoy a private, fenced backyard with stamped concrete and an 8x14 inground pool featuring a brand new liner and filter (2 yrs). Additional amenities include a deck and patio. Parking is available via on-street spaces, a carport, and a driveway.
The property is situated on a 0.0918-acre lot and totals 3,488 square feet, with public sewer services. Zoning is R3X, and the home is located just minutes from Hylan Boulevard transportation and shopping.
The fully finished lower level offers an extra large 2-bedroom apartment with a designed kitchen with quartz countertops, a marble bathroom, a laundry room, and a comfortable living room—suited for additional income or multi-generational living. Outside, enjoy a private, fenced backyard with stamped concrete and an 8x14 inground pool featuring a brand new liner and filter (2 yrs). Additional amenities include a deck and patio. Parking is available via on-street spaces, a carport, and a driveway.
The property is situated on a 0.0918-acre lot and totals 3,488 square feet, with public sewer services. Zoning is R3X, and the home is located just minutes from Hylan Boulevard transportation and shopping.
Key Highlights
- 8x14 inground pool with a brand new liner and filter (2 yrs)
- Fully finished lower‑level extra large 2‑bedroom apartment
- Central air plus baseboard heat; natural gas hot water heating
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
$86,740
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
7.23%
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%
$1,734,800
$1.7M
Cap Rate 7%
$1,239,143
$1.2M
Cap Rate 9%
$963,778
$963.8K
Market Conditions
NOI Build-Up for 3,488 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
$129.8K $37.20/SF
− Vacancy
−$5.8K −$1.67/SF
EGI
$123.9K $35.53/SF
− OpEx
−$37.2K −$10.66/SF
NOI
$86.7K $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%
$1,734,800
Cap Rate 7%
$1,239,143
Cap Rate 9%
$963,778
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.45M
NOI $86,740 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$1.11M
$966.9K – $1.29M
NOI $77,350 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,500 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
Explore this area
Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
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 - 2002-built two-family duplex with central air, inground pool, and a finished lower-level 2-bedroom apartment.
Where is this duplex located?
The property is located at 190 Manhattan Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 8x14 inground pool with a brand new liner and filter (2 yrs); Fully finished lower‑level extra large 2‑bedroom apartment; Central air plus baseboard heat; natural gas hot water heating
