Detached Single-Family Home on Double
For Sale
$599,000
46 Eadie Place, Staten Island, NY 10301
SINGLE_FAMILY - Staten Island, NY
Property Size1,971 SF
Lot Size0.07 Acres
Price / SF$303.91
Days on Market48
Property Features for 46 Eadie Place
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Finished
Subdivision
New Brighton
Standard status
Active
Size
1,971 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
4577
Building Details
Year built
1971
Floors in Building
3
Flooring type
Hardwood, Tile
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Michelle J. Zhang · License #MZ4172
(718) 612-3088
Added: Jul 8
Changed: Aug 15
Last Checked: Aug 24 at 8:06PM
MLS# 502858
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
46 Eadie Place (also known as 46 Eddy Place) is a fully detached, single-family home presented in move-in condition. The property includes a double lot associated with two distinct addresses, creating generous outdoor space. Inside, the lower level offers a large open area that can serve as a recreation room, home office, or additional living space, along with one full bathroom.
The main living level features two bedrooms, a bright and modern kitchen, and an open-concept living and dining area with natural light. A finished attic adds additional flexible space that can be used as a home office.
Conveniently located near public transportation, including the subway and the S42 bus route, the home offers quick access to the bridge for commuting. The property is zoned R2.
The main living level features two bedrooms, a bright and modern kitchen, and an open-concept living and dining area with natural light. A finished attic adds additional flexible space that can be used as a home office.
Conveniently located near public transportation, including the subway and the S42 bus route, the home offers quick access to the bridge for commuting. The property is zoned R2.
Key Highlights
- Fully detached single‑family home built in 1971
- Double lot with two distinct addresses associated with the property for expanded outdoor space
- Lower level includes a large open area plus 1 full bathroom, ideal as recreation room or home office
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
$43,709
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
7.30%
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%
$874,180
$874.2K
Cap Rate 7%
$624,414
$624.4K
Cap Rate 9%
$485,656
$485.7K
Market Conditions
NOI Build-Up for 1,971 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
$82.8K $42.00/SF
− Vacancy
−$3.3K −$1.68/SF
EGI
$79.5K $40.32/SF
− OpEx
−$35.8K −$18.14/SF
NOI
$43.7K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /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%
$874,180
Cap Rate 7%
$624,414
Cap Rate 9%
$485,656
Alternative Uses
Best Use
Apartment 5plus
$624.4K
$546.4K – $728.5K
NOI $43,709 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$940.5K
$822.9K – $1.10M
NOI $65,832 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
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 - Fully renovated detached home with a finished attic, open lower level, and two-address double lot.
Where is this single family property located?
The property is located at 46 Eadie Place Staten Island, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Fully detached single‑family home built in 1971; Double lot with two distinct addresses associated with the property for expanded outdoor space; Lower level includes a large open area plus 1 full bathroom, ideal as recreation room or home office
