Renovated Semi-Attached
For Sale
$700,000
Pending
317 Hillman Avenue, Staten Island, NY 10314
SINGLE_FAMILY - Colonial - Staten Island, NY
Property Size1,392 SF
Lot Size0.05 Acres
Days on Market126
Property Features for 317 Hillman Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1
Parking features
Off Street, Driveway
Appliances
Refrigerator
Lot features
Front Yard, Back Yard
Subdivision
Bulls Head
Standard status
Pending
APN
1597-0162
Size
1,392 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6148
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1975
Floors in Building
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Huan Kuei Lo · License #10401313713
(718) 668-2550
Added: Apr 21
Changed: Aug 2
Last Checked: Aug 24 at 4:06AM
MLS# 2602134
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.
317 Hillman Avenue, Staten Island, NY 10314 presents a beautifully renovated semi-attached home completed in 2026. The residence offers a bright, functional layout with 3 bedrooms and 2 bathrooms, designed for comfortable day-to-day living and everyday entertaining. Modern updates are featured throughout, making the property move-in ready.
A key practical benefit is the spacious 3-car driveway, providing ample off-street parking. The property is zoned R3-1.
With an interior size of 1,392 square feet, the home delivers a generous living space while remaining conveniently sized. The offering is listed for sale as a residential single-family property.
A key practical benefit is the spacious 3-car driveway, providing ample off-street parking. The property is zoned R3-1.
With an interior size of 1,392 square feet, the home delivers a generous living space while remaining conveniently sized. The offering is listed for sale as a residential single-family property.
Key Highlights
- Renovated 2026 semi‑attached Colonial home at 317 Hillman Ave with 3 bedrooms and 2 bathrooms
- Central air cooling and forced‑air natural gas heating
- Spacious 3‑car driveway with off‑street parking
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
$35,205
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
5.03%
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%
$704,100
$704.1K
Cap Rate 7%
$502,929
$502.9K
Cap Rate 9%
$391,167
$391.2K
Market Conditions
NOI Build-Up for 1,392 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
$66.8K $48.00/SF
− Vacancy
−$2.8K −$2.02/SF
EGI
$64.0K $45.98/SF
− OpEx
−$28.8K −$20.69/SF
NOI
$35.2K $25.29/SF
Area
ZIP 10314
Vacancy
4.20%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
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%
$704,100
Cap Rate 7%
$502,929
Cap Rate 9%
$391,167
Alternative Uses
Best Use
Apartment 5plus
$502.9K
$440.1K – $586.8K
NOI $35,205 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.2K
$581.2K – $774.9K
NOI $46,493 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,030
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Renovated semi-attached home with 3 bedrooms, 2 bathrooms, and a spacious 3-car driveway.
Where is this single family property located?
The property is located at 317 Hillman Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Renovated 2026 semi‑attached Colonial home at 317 Hillman Ave with 3 bedrooms and 2 bathrooms; Central air cooling and forced‑air natural gas heating; Spacious 3‑car driveway with off‑street parking
