New Construction Two-Family
For Sale
$1,235,000
Pending
4697 Amboy Road, Staten Island, NY 10312
MULTI_FAMILY - Staten Island, NY
Property Size2,300 SF
Lot Size0.09 Acres
Days on Market204
Property Features for 4697 Amboy Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3-2
Bedrooms
6
Bathrooms
7
Full bathrooms
5
Rooms
Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 7, Bedroom 6, Bathroom 5, Bedroom 4, Bathroom 6, Bathroom 3, Bathroom 4
Parking features
Off Street, Carport
Basement
Finished, Full
Lot features
Back Yard
Subdivision
Annadale
Standard status
Pending
APN
05593-0026
Size
2,300 SF
Lot size
0.09 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
EV-charger ready
laundry areas
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Stone, Vinyl Siding
Listing Agency:
Berkshire Hathaway HomeService Cangiano Estates
(718) 605-5800
Listed By:
Robert Masucci
(718) 605-5800
Added: Feb 1
Changed: Aug 3
Last Checked: Aug 24 at 7:06PM
MLS# 2600590
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.
Under construction new construction two-family home set on a 4,000 square foot lot with 2,300 square feet of refined living space. The property is planned with two separate residences, each featuring a layout built around formal living and dining spaces and well-appointed kitchens, with multiple bedrooms and tiled bathroom finishes. Unit A is designed with one full bath and two 3/4 baths and includes a fully finished basement. Unit B is designed with one full bath and one 3/4 bath. The home’s interior plan calls for 9-foot ceilings on the first and second floors, 8-foot basement ceilings, hardwood flooring on the main living levels, and upgraded vinyl flooring in the basement. The exterior includes a cultured stone facade with vinyl-sided elevations, MI windows, aluminum gutters and railings, insulated entry doors, and exterior lighting at each entrance.
Additional improvements include a concrete driveway, fully sodded grounds, and an EV-charger-ready setup with weatherproof electrical boxes. Energy-efficient systems are included, with high-efficiency forced-air heat and central air, plus a 200-amp electrical service and a fire safety sprinkler system. Construction is scheduled as a 2026 build, with public sewer service. Off-street parking and a carport are provided. The property is zoned R3-2.
With separate two-family living, the plan supports flexible day-to-day use while maintaining independent residential layouts for each unit.
Additional improvements include a concrete driveway, fully sodded grounds, and an EV-charger-ready setup with weatherproof electrical boxes. Energy-efficient systems are included, with high-efficiency forced-air heat and central air, plus a 200-amp electrical service and a fire safety sprinkler system. Construction is scheduled as a 2026 build, with public sewer service. Off-street parking and a carport are provided. The property is zoned R3-2.
With separate two-family living, the plan supports flexible day-to-day use while maintaining independent residential layouts for each unit.
Key Highlights
- Under construction two‑family home on a 4,000 square foot lot
- 2,300 square feet of planned living space
- Unit A: fully finished basement plus one full bath and two 3/4 baths
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
$56,835
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
4.60%
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%
$1,136,700
$1.1M
Cap Rate 7%
$811,929
$811.9K
Cap Rate 9%
$631,500
$631.5K
Market Conditions
NOI Build-Up for 2,300 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
$88.3K $38.40/SF
− Vacancy
−$7.1K −$3.10/SF
EGI
$81.2K $35.30/SF
− OpEx
−$24.4K −$10.59/SF
NOI
$56.8K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
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%
$1,136,700
Cap Rate 7%
$811,929
Cap Rate 9%
$631,500
Alternative Uses
Best Use
Multifamily LT 5
$811.9K
$710.4K – $947.3K
NOI $56,835 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$714.3K
$625.0K – $833.4K
NOI $50,003 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$1.10M
$960.3K – $1.28M
NOI $76,821 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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 - Under construction two-family with central air, forced-air heat, EV-charger readiness, and R3-2 zoning.
Where is this duplex located?
The property is located at 4697 Amboy Road Staten Island, NY.
What is the asking price?
The asking price for this property is $1,235,000.
What are key features of this property?
This property features: Under construction two‑family home on a 4,000 square foot lot; 2,300 square feet of planned living space; Unit A: fully finished basement plus one full bath and two 3/4 baths
