Duplex with In-Ground
For Sale
$1,360,000
Pending
287 Vail Avenue, Staten Island, NY 10309
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,865 SF
Lot Size0.13 Acres
Days on Market82
Property Features for 287 Vail Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4
Parking features
On Street, Off Street
Patio and Porch features
Deck
Pool private
1
Interior features
Walk-In Closet(s), Ceiling Fan(s)
Fencing
Fenced
Basement
Finished, Partial
Subdivision
2nd Floor studio apartment
Lot features
Back Yard
Standard status
Pending
APN
06742-0048
Size
2,865 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
12697
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Amenities
wood burning fireplace
central air
pool
patio
Building Details
Year built
2005
Floors in Building
2
Number of units
2
Building materials
Stucco, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Volpe Realty
(718) 356-9200
Listed By:
Debra Ann Neglia · License #10491202006
(917) 887-5923
Added: Jun 4
Changed: Aug 6
Last Checked: Aug 24 at 4:06PM
MLS# 2603129
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 detached two-family duplex is a Colonial-style residence with a center hall layout, offering four bedrooms and multiple bathrooms. Built in 2005, the home includes a fully finished basement and a studio on the upper level that can help offset the mortgage. Interior features include hardwood floors, a wood burning fireplace, and ceiling fans, along with a newer kitchen and foyer tiles with radiant heat. The home also offers baseboard heat throughout, central air cooling, and a sprinkler system. The primary bedroom includes a walk-in closet and a private 4-piece bath.
The seller has indicated the property includes a new roof and “3 year young” solar panels, subject to satisfactory offer acceptance. Outdoor amenities include a deck/patio area, an in-ground pool, and fencing for added privacy. Heating is natural gas hot water, and the home is served by public sewer. Parking is available off street and on street.
The lot size is 0.1277 acres, and the property size is listed as 2,865 square feet. Some photos are noted as photo-shopped or staged.
The seller has indicated the property includes a new roof and “3 year young” solar panels, subject to satisfactory offer acceptance. Outdoor amenities include a deck/patio area, an in-ground pool, and fencing for added privacy. Heating is natural gas hot water, and the home is served by public sewer. Parking is available off street and on street.
The lot size is 0.1277 acres, and the property size is listed as 2,865 square feet. Some photos are noted as photo-shopped or staged.
Key Highlights
- Private in‑ground pool plus deck/patio area
- New roof with 3 year young solar panels included, subject to satisfactory offer acceptance
- Detached two‑family Colonial with center hall layout and 4 bedrooms
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
$71,247
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
5.24%
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%
$1,424,940
$1.4M
Cap Rate 7%
$1,017,814
$1.0M
Cap Rate 9%
$791,633
$791.6K
Market Conditions
NOI Build-Up for 2,865 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
$106.6K $37.20/SF
− Vacancy
−$4.8K −$1.67/SF
EGI
$101.8K $35.53/SF
− OpEx
−$30.5K −$10.66/SF
NOI
$71.2K $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%
$1,424,940
Cap Rate 7%
$1,017,814
Cap Rate 9%
$791,633
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$890.6K – $1.19M
NOI $71,247 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$907.6K
$794.2K – $1.06M
NOI $63,534 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$1.37M
$1.20M – $1.59M
NOI $95,692 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
512
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 - Detached two-family duplex with a private in-ground pool, central air, and sprinkler system.
Where is this duplex located?
The property is located at 287 Vail Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,360,000.
What are key features of this property?
This property features: Private in‑ground pool plus deck/patio area; New roof with 3 year young solar panels included, subject to satisfactory offer acceptance; Detached two‑family Colonial with center hall layout and 4 bedrooms
