Two-Family Semi-Detached with
For Sale
Under Contract
$825,000
40 Seguine Loop, Staten Island, NY 10309
MULTI_FAMILY - Other - Staten Island, NY
Property Size2,667 SF
Lot Size0.06 Acres
Price / SF$309.34
Days on Market127
Property Features for 40 Seguine Loop
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3
Parking features
Driveway
Patio and Porch features
Deck, Patio
Fencing
Fenced
Subdivision
Prince's Bay
Directions
Hylan Blvd to Seguine Ave. Turn on Seguine Loop.
Standard status
Active Under Contract
Size
2,667 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
8130
Utilities
Heating system
Forced Air, Natural Gas
Building Details
Year built
1999
Floors in Building
2
Flooring type
Tile
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency:
KELLER WILLIAMS REALTY STATEN ISLAND
(718) 966-7159
Listed By:
Rachel Carlson
(718) 966-7159
Added: Apr 20
Changed: Aug 5
Last Checked: Aug 24 at 10:06PM
MLS# 11695575
Copyright © 2026 My State MLS. 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.
Welcome to Princes Bay. This oversized two-family semi offers a versatile layout across a main unit and a one-bedroom apartment, with tile flooring and updated interior finishes in multiple areas.
The main unit features a spacious living/dining area, a custom-tiled half bath, and an inviting eat-in kitchen with stainless steel appliances and natural stone backsplash that opens to a family room with sliders to the deck and yard. Upstairs, the primary suite includes vaulted ceilings, double closets, and a three-quarter bath with double sinks, along with two additional bedrooms and a full bathroom. The one-bedroom apartment offers flexibility with an updated granite kitchen, a remodeled bath, and tile flooring. Abundant closet space supports convenient storage.
Outside, fully paved front and rear yards are fenced for privacy and low maintenance, with an exterior gas connection for summer BBQs. A private driveway provides off-street parking for two cars. Built in 1999 with vinyl siding, the home is heated by natural gas forced air. Express and local buses are right outside the loop, with the train a few short blocks away, and nearby parks, schools, and shopping and dining options are close by. Sold as-is.
The main unit features a spacious living/dining area, a custom-tiled half bath, and an inviting eat-in kitchen with stainless steel appliances and natural stone backsplash that opens to a family room with sliders to the deck and yard. Upstairs, the primary suite includes vaulted ceilings, double closets, and a three-quarter bath with double sinks, along with two additional bedrooms and a full bathroom. The one-bedroom apartment offers flexibility with an updated granite kitchen, a remodeled bath, and tile flooring. Abundant closet space supports convenient storage.
Outside, fully paved front and rear yards are fenced for privacy and low maintenance, with an exterior gas connection for summer BBQs. A private driveway provides off-street parking for two cars. Built in 1999 with vinyl siding, the home is heated by natural gas forced air. Express and local buses are right outside the loop, with the train a few short blocks away, and nearby parks, schools, and shopping and dining options are close by. Sold as-is.
Key Highlights
- 0.0574‑acre lot with fully paved front and rear fenced yards
- 2667 SF two‑family semi built in 1999 with vinyl siding
- Main unit with tile flooring, custom‑tiled half bath, and eat‑in kitchen with stainless appliances
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
$66,323
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
8.04%
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%
$1,326,460
$1.3M
Cap Rate 7%
$947,471
$947.5K
Cap Rate 9%
$736,922
$736.9K
Market Conditions
NOI Build-Up for 2,667 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
$99.2K $37.20/SF
− Vacancy
−$4.5K −$1.67/SF
EGI
$94.7K $35.53/SF
− OpEx
−$28.4K −$10.66/SF
NOI
$66.3K $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%
$1,326,460
Cap Rate 7%
$947,471
Cap Rate 9%
$736,922
Alternative Uses
Best Use
Multifamily LT 5
$947.5K
$829.0K – $1.11M
NOI $66,323 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$844.9K
$739.3K – $985.7K
NOI $59,143 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,078 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
441
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 - Oversized two-family semi with deck and yard, fenced paved yards, and off-street parking for two cars.
Where is this duplex located?
The property is located at 40 Seguine Loop Staten Island, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 0.0574‑acre lot with fully paved front and rear fenced yards; 2667 SF two‑family semi built in 1999 with vinyl siding; Main unit with tile flooring, custom‑tiled half bath, and eat‑in kitchen with stainless appliances
