Colonial Semi-Attached
For Sale
$1,199,999
Pending
374 Atlantic Avenue, Staten Island, NY 10305
SINGLE_FAMILY - Colonial - Staten Island, NY
Property Size1,900 SF
Lot Size0.06 Acres
Days on Market159
Property Features for 374 Atlantic Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1
Parking features
Off Street
Patio and Porch features
Patio
Interior features
Walk-In Closet(s)
Basement
Finished, Full
Appliances
Dishwasher
Lot features
Front Yard, Back Yard, Side
Subdivision
Dongan Hills- Below Hylan
Standard status
Pending
Size
1,900 SF
Lot size
0.06 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
3
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Francis A Shearon · License #10301218348
(718) 447-8100
Added: Mar 30
Changed: Aug 2
Last Checked: Sep 4 at 9:06PM
MLS# 2601644
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.
Located at 374 Atlantic Avenue on Staten Island’s Dongan Hills, this Colonial semi-attached home is part of “The Atlantic Estates,” a custom development featuring four single-family semi-attached homes. The property sits on a 25 x 100 lot with a 19 x 50 building configuration. Interior details include hardwood floors and recessed lighting, along with a full brick facade.
The home offers four bedrooms on the top floor and four bathrooms, with imported Italian tile finishes throughout. A fully finished basement includes tiled finishes and a separate side entrance, and the exterior includes fully sided lighting. Off-street parking is available for multiple vehicles, and there are no HOA fees.
While not listed as an exclusive feature, the seller notes the home is minutes from the Verrazzano bridge.
The home offers four bedrooms on the top floor and four bathrooms, with imported Italian tile finishes throughout. A fully finished basement includes tiled finishes and a separate side entrance, and the exterior includes fully sided lighting. Off-street parking is available for multiple vehicles, and there are no HOA fees.
While not listed as an exclusive feature, the seller notes the home is minutes from the Verrazzano bridge.
Key Highlights
- New construction single‑family semi‑attached home built in 2026 with a colonial architectural style
- 4 bedrooms with 4 bathrooms total across the home, including imported Italian tile finishes
- Full finished basement with tiled surfaces and a separate side entrance
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
$45,896
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
3.82%
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%
$917,920
$917.9K
Cap Rate 7%
$655,657
$655.7K
Cap Rate 9%
$509,956
$510.0K
Market Conditions
NOI Build-Up for 1,900 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
$91.2K $48.00/SF
− Vacancy
−$7.8K −$4.08/SF
EGI
$83.4K $43.92/SF
− OpEx
−$37.6K −$19.76/SF
NOI
$45.9K $24.16/SF
Area
ZIP 10305
Vacancy
8.50%
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%
$917,920
Cap Rate 7%
$655,657
Cap Rate 9%
$509,956
Alternative Uses
Best Use
Apartment 5plus
$655.7K
$573.7K – $764.9K
NOI $45,896 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$906.6K
$793.3K – $1.06M
NOI $63,460 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,481
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Colonial semi-attached home in a 4-home development with a full finished basement and separate side entrance.
Where is this single family property located?
The property is located at 374 Atlantic Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: New construction single‑family semi‑attached home built in 2026 with a colonial architectural style; 4 bedrooms with 4 bathrooms total across the home, including imported Italian tile finishes; Full finished basement with tiled surfaces and a separate side entrance
