Brick Duplex with Finished
For Sale
$739,999
Pending
27 Seacrest Avenue, Staten Island, NY 10312
Residential, Staten Island, NY
Property Size1,350 SF
Lot Size0.06 Acres
Days on Market101
Property Features for 27 Seacrest Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Parking features
Driveway
Pool private
1
Basement
Finished, Full
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot features
Back Yard
Subdivision
Eltingville
Standard status
Pending
Size
1,350 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
5293
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Amenities
laundry/utility room
pool
Building Details
Year built
1975
Floors in Building
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Hometime Estates LLC
(718) 524-0400
Listed By:
Jon Goldstein · License #2077493
(917) 751-5921
Added: Jun 12
Changed: Sep 13
Last Checked: Sep 20 at 10:06PM
MLS# 2603317
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 1,350-square-foot duplex was built in 1975 with a Colonial design, brick and vinyl siding, and a 0.0643-acre lot. The home includes 3 bedrooms and 1.5 baths, with an eat-in kitchen, living room, formal dining room, Florida room, and finished basement. Hardwood floors, built-in storage, and a separate laundry and utility area add practical functionality. Appliances include a dishwasher, dryer, microwave, refrigerator, and washer.
Outdoor features include a private pool with a recently replaced filter, a backyard, and driveway parking. The property is served by public sewer and uses natural gas forced-air heating. Located in Eltingville, the home is near shopping, restaurants, and local and express bus transportation. Zoning is R3-1.
Outdoor features include a private pool with a recently replaced filter, a backyard, and driveway parking. The property is served by public sewer and uses natural gas forced-air heating. Located in Eltingville, the home is near shopping, restaurants, and local and express bus transportation. Zoning is R3-1.
Key Highlights
- 1,350 square feet on a 0.0643‑acre lot
- 3 bedrooms and 1.5 baths
- Finished basement with separate laundry and utility area
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
$33,360
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
4.51%
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%
$667,200
$667.2K
Cap Rate 7%
$476,571
$476.6K
Cap Rate 9%
$370,667
$370.7K
Market Conditions
NOI Build-Up for 1,350 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
$51.8K $38.40/SF
− Vacancy
−$4.2K −$3.10/SF
EGI
$47.7K $35.30/SF
− OpEx
−$14.3K −$10.59/SF
NOI
$33.4K $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%
$667,200
Cap Rate 7%
$476,571
Cap Rate 9%
$370,667
Alternative Uses
Best Use
Multifamily LT 5
$476.6K
$417.0K – $556.0K
NOI $33,360 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$419.3K
$366.9K – $489.2K
NOI $29,350 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$644.1K
$563.6K – $751.5K
NOI $45,090 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
688
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - R3-1 duplex with a private pool, Florida room, driveway parking, and public sewer service.
Where is this duplex located?
The property is located at 27 Seacrest Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $739,999.
What are key features of this property?
This property features: 1,350 square feet on a 0.0643‑acre lot; 3 bedrooms and 1.5 baths; Finished basement with separate laundry and utility area
