Duplex With Finished Basement and
For Sale
$850,000
Pending
233 Fisher Avenue, Staten Island, NY 10307
MULTI_FAMILY - Staten Island, NY
Property Size1,600 SF
Lot Size0.16 Acres
Days on Market225
Property Features for 233 Fisher Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-X
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking features
Off Street
Basement
Partially Finished, Full
Lot features
Front Yard, Back Yard
Subdivision
Tottenville
Standard status
Pending
APN
08042-0036
Size
1,600 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
6722
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Building Details
Year built
1915
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding
Listing Agency:
R. Della Realty Corp.
(718) 948-4440
Listed By:
Richard Delli Paoli · License #31DE0001221
(718) 948-4440
Added: Jan 15
Changed: Aug 2
Last Checked: Aug 28 at 9:06AM
MLS# 2600315
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 duplex offers a finished basement and a large yard, with off-street parking. The home is constructed with aluminum siding and heated by forced air natural gas. The floor plan includes multiple bedrooms and bathrooms across the main living areas, supported by public sewer service.
Located at 233 Fisher Avenue in Staten Island, Richmond County, the property sits on a 0.1572-acre lot. Built in 1915, it is zoned R3-X and is described as being close to shopping and transportation.
The residence totals 1,600 square feet and includes four bedroom designations and five bathroom designations listed in the room summary, providing a layout suited for households that want multiple bedrooms and flexible interior space.
Located at 233 Fisher Avenue in Staten Island, Richmond County, the property sits on a 0.1572-acre lot. Built in 1915, it is zoned R3-X and is described as being close to shopping and transportation.
The residence totals 1,600 square feet and includes four bedroom designations and five bathroom designations listed in the room summary, providing a layout suited for households that want multiple bedrooms and flexible interior space.
Key Highlights
- Two‑family duplex with finished basement and large yard
- 0.1572‑acre lot and 1,600 SF total size
- R3‑X zoning
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
$39,789
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
4.68%
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%
$795,780
$795.8K
Cap Rate 7%
$568,414
$568.4K
Cap Rate 9%
$442,100
$442.1K
Market Conditions
NOI Build-Up for 1,600 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
$59.5K $37.20/SF
− Vacancy
−$2.7K −$1.67/SF
EGI
$56.8K $35.53/SF
− OpEx
−$17.1K −$10.66/SF
NOI
$39.8K $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%
$795,780
Cap Rate 7%
$568,414
Cap Rate 9%
$442,100
Alternative Uses
Best Use
Multifamily LT 5
$568.4K
$497.4K – $663.2K
NOI $39,789 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$506.9K
$443.5K – $591.4K
NOI $35,482 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$763.4K
$668.0K – $890.7K
NOI $53,440 @ 7.0% cap · market cap 6.29%
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
840
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 - Two-family duplex with finished basement, large yard, off-street parking, and public sewer on R3-X zoning.
Where is this duplex located?
The property is located at 233 Fisher Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑family duplex with finished basement and large yard; 0.1572‑acre lot and 1,600 SF total size; R3‑X zoning
