Colonial End-Unit
For Sale
$625,000
Pending
45 Towers Lane, Staten Island, NY 10314
Residential, Staten Island, NY
Property Size1,400 SF
Lot Size0.07 Acres
Days on Market139
Property Features for 45 Towers Lane
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3A
Bedrooms
3
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Dining Room, Bedroom 3, Bathroom 1
Parking features
On Street, Off Street
Patio and Porch features
Deck
Interior features
Walk-In Closet(s), Ceiling Fan(s)
Fencing
Chain Link, Fenced
Basement
Full
Appliances
Dishwasher, Refrigerator
Lot features
Front Yard, Back Yard, Side
Subdivision
Travis
Standard status
Pending
APN
02620-0096
Size
1,400 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
5996
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
1995
Floors in Building
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
James Molinell
(917) 836-8019
Added: Apr 25
Changed: Sep 4
Last Checked: Sep 10 at 7:06AM
MLS# 2602240
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.
Well-maintained end-unit townhouse with a colonial layout featuring three bedrooms, three bathrooms, a living room, dining room, and kitchen, plus a finished basement and yard. Updates include solar panels that are fully paid off and a new hot water heater, with the home described as needing some TLC.
Located in Staten Island, the property is zoned R3A. Built for everyday living space and functionality, it offers finished interior area along with outdoor yard space.
The home’s configuration includes primary living areas on the main level and additional finished space in the basement, complemented by the attached outdoor yard.
Located in Staten Island, the property is zoned R3A. Built for everyday living space and functionality, it offers finished interior area along with outdoor yard space.
The home’s configuration includes primary living areas on the main level and additional finished space in the basement, complemented by the attached outdoor yard.
Key Highlights
- 3‑bedroom, 3‑bath end unit townhouse with a living room, dining room, kitchen, and finished basement
- Solar panels are fully paid off
- Central air and natural gas forced‑air heating
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
$35,408
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
5.67%
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%
$708,160
$708.2K
Cap Rate 7%
$505,829
$505.8K
Cap Rate 9%
$393,422
$393.4K
Market Conditions
NOI Build-Up for 1,400 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
$67.2K $48.00/SF
− Vacancy
−$2.8K −$2.02/SF
EGI
$64.4K $45.98/SF
− OpEx
−$29.0K −$20.69/SF
NOI
$35.4K $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%
$708,160
Cap Rate 7%
$505,829
Cap Rate 9%
$393,422
Alternative Uses
Best Use
Apartment 5plus
$505.8K
$442.6K – $590.1K
NOI $35,408 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$668.0K
$584.5K – $779.3K
NOI $46,760 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
507
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Colonial end-unit townhome with three bedrooms, three bathrooms, finished basement, and yard.
Where is this single family property located?
The property is located at 45 Towers Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 3‑bedroom, 3‑bath end unit townhouse with a living room, dining room, kitchen, and finished basement; Solar panels are fully paid off; Central air and natural gas forced‑air heating
