Two-Family Residence with Central
For Sale
$1,700,000
46 Hunter Avenue, Staten Island, NY 10306
MULTI_FAMILY - Staten Island, NY
Property Size4,500 SF
Lot Size0.09 Acres
Price / SF$377.78
Days on Market168
Property Features for 46 Hunter Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
8
Bathrooms
6
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 2, Bedroom 8, Bathroom 5, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 7, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 6, Bedroom 7
Parking features
Off Street
Basement
Finished, Full
Lot features
Back Yard
Subdivision
Dongan Hills-Above Hylan
Standard status
Active
APN
03565-0039
Size
4,500 SF
Lot size
0.09 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
sunlit open floor plan
custom kitchens with center islands
hardwood flooring
crown molding
Andersen windows
private laundry area
finished basement
primary bedroom with bath
Building Details
Year built
2025
Floors in Building
2
Number of units
2
Building materials
Stucco, Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Pia Ciccarelli · License #30CI0783539
(718) 987-7900
Added: Mar 10
Changed: Aug 2
Last Checked: Aug 24 at 4:06PM
MLS# 2503337
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.
Set on a 0.0918-acre lot measuring 40 x 100, this new two-family residence is designed with a 25 x 60 building footprint and total property size of 4,500 square feet. The layout provides four bedrooms per floor, along with an open, sunlit floor plan featuring custom kitchens with center islands, hardwood flooring, crown molding, and Andersen windows. A private laundry area supports everyday convenience, and each home includes a primary bedroom with a bath.
The property is built with stucco and vinyl siding and is set for completion in 2025. Comfort and efficiency are supported by modern heating (forced air with electric heating) and central air conditioning. Additional functional space includes a finished basement, private entrances, and a one-car garage. Off-street parking is available, and the home connects to public sewer.
With the combination of multi-bedroom layouts and central comfort systems, this two-family residence offers a self-contained configuration well suited to both owner-occupant and rental use.
The property is built with stucco and vinyl siding and is set for completion in 2025. Comfort and efficiency are supported by modern heating (forced air with electric heating) and central air conditioning. Additional functional space includes a finished basement, private entrances, and a one-car garage. Off-street parking is available, and the home connects to public sewer.
With the combination of multi-bedroom layouts and central comfort systems, this two-family residence offers a self-contained configuration well suited to both owner-occupant and rental use.
Key Highlights
- 0.0918‑acre lot (40 x 100) with 25 x 60 building footprint
- Two‑family layout with four bedrooms per floor
- 4,500 square feet total property size
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
$114,307
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
6.72%
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%
$2,286,140
$2.3M
Cap Rate 7%
$1,632,957
$1.6M
Cap Rate 9%
$1,270,078
$1.3M
Market Conditions
NOI Build-Up for 4,500 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
$172.8K $38.40/SF
− Vacancy
−$9.5K −$2.11/SF
EGI
$163.3K $36.29/SF
− OpEx
−$49.0K −$10.89/SF
NOI
$114.3K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /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%
$2,286,140
Cap Rate 7%
$1,632,957
Cap Rate 9%
$1,270,078
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.91M
NOI $114,307 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,574 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,301 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,247
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
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 - Two-family new construction on R3X zoning with central air, off-street parking, and a finished basement.
Where is this duplex located?
The property is located at 46 Hunter Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 0.0918‑acre lot (40 x 100) with 25 x 60 building footprint; Two‑family layout with four bedrooms per floor; 4,500 square feet total property size
