Two-Family Colonial Home with
For Sale
$1,379,999
437 Brighton Street, Staten Island, NY 10307
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,366 SF
Lot Size0.11 Acres
Price / SF$409.98
Days on Market27
Property Features for 437 Brighton Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3A
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1
Parking features
Garage, Driveway
Interior features
Ceiling Fan(s)
Lot features
Front Yard, Back Yard
Subdivision
Tottenville
Standard status
Active
Size
3,366 SF
Lot size
0.11 Acres
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Amenities
fireplace
deck
yard
laundry room
radiant heat
hardwood floors
stainless steel appliances
quartz countertops
center island
walk-in closet
spa shower
mini split AC/Heating
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Joseph Laino · License #40LA1182289
(917) 299-0393
Added: Jul 28
Changed: Aug 7
Last Checked: Aug 23 at 9:06AM
MLS# 2604241
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 under-construction two-family Colonial at 437 Brighton Street is set up for flexible living with a total of five bedrooms and four bathrooms. The center hall plan includes formal living and dining rooms with crown molding, coffered ceilings, porcelain tile floors, and recessed lighting. The eat-in kitchen is finished with quartz countertops, tiled backsplash, and stainless steel appliances, including a 36" 6-burner gas stove, plus a center island. The family room features an oversized electric fireplace, and sliding doors lead to a deck and backyard.
Radiant heat is featured on the whole first floor and in the master bathroom, with hardwood floors on the second level. The second level includes a large primary suite with a walk-in closet, double-sink vanity, radiant heat, and a custom walk-in spa shower with a bench. A separate laundry room with a stainless steel sink is also provided. From the main level, stairs lead to a lower street level area adding an additional 1,600 sq. ft., with recessed lighting, a mini split AC/heating unit, and sliding doors to the yard.
The home also includes a main level one-bedroom side apartment with stainless steel appliances and mini split AC/heating. Set on a 0.1148-acre lot (3,366 sq. ft. property size) with zoning R3A, the home is served by public sewer and includes a garage and driveway parking. The property is described as steps from Conference House Park with a pathway to the beach/ocean.
Radiant heat is featured on the whole first floor and in the master bathroom, with hardwood floors on the second level. The second level includes a large primary suite with a walk-in closet, double-sink vanity, radiant heat, and a custom walk-in spa shower with a bench. A separate laundry room with a stainless steel sink is also provided. From the main level, stairs lead to a lower street level area adding an additional 1,600 sq. ft., with recessed lighting, a mini split AC/heating unit, and sliding doors to the yard.
The home also includes a main level one-bedroom side apartment with stainless steel appliances and mini split AC/heating. Set on a 0.1148-acre lot (3,366 sq. ft. property size) with zoning R3A, the home is served by public sewer and includes a garage and driveway parking. The property is described as steps from Conference House Park with a pathway to the beach/ocean.
Key Highlights
- Under construction two‑family Colonial, year built 2026, Colonial architectural style
- 5 bedrooms and 4 bathrooms with center hall plan and formal living/dining rooms
- Radiant heat on the whole first floor and in the master bathroom
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
$83,706
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
6.07%
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%
$1,674,120
$1.7M
Cap Rate 7%
$1,195,800
$1.2M
Cap Rate 9%
$930,067
$930.1K
Market Conditions
NOI Build-Up for 3,366 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
$125.2K $37.20/SF
− Vacancy
−$5.6K −$1.67/SF
EGI
$119.6K $35.53/SF
− OpEx
−$35.9K −$10.66/SF
NOI
$83.7K $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%
$1,674,120
Cap Rate 7%
$1,195,800
Cap Rate 9%
$930,067
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $83,706 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$1.07M
$933.1K – $1.24M
NOI $74,644 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.61M
$1.41M – $1.87M
NOI $112,425 @ 7.0% cap · market cap 8.15%
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
230
Businesses Nearby
Explore this area
Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Under construction two-family colonial with 5 bedrooms, 4 bathrooms, radiant heat, and deck access.
Where is this duplex located?
The property is located at 437 Brighton Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,379,999.
What are key features of this property?
This property features: Under construction two‑family Colonial, year built 2026, Colonial architectural style; 5 bedrooms and 4 bathrooms with center hall plan and formal living/dining rooms; Radiant heat on the whole first floor and in the master bathroom
