Two-Family Colonial with Studio
For Sale
$949,900
Pending
47 Robinson Avenue, Staten Island, NY 10312
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size1,920 SF
Lot Size0.08 Acres
Days on Market113
Property Features for 47 Robinson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 1, Bathroom 2
Parking features
Driveway, Garage
Patio and Porch features
Deck
Basement
Apartment, Full, Partial
Lot features
Back Yard
Subdivision
Eltingville
Standard status
Pending
APN
05315-0076
Size
1,920 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
7086
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1999
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Leor Mizrahi
(718) 668-2550
Added: May 4
Changed: Aug 2
Last Checked: Aug 24 at 5:06PM
MLS# 2602431
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.
47 Robinson Avenue is a young side-hall colonial two-family home with a studio apartment, offering a versatile layout with character. The home has 1,920 square feet of living space (not including the ground level) and was built in 1999. Heating is provided by forced air natural gas and cooling is central air. Exterior materials include vinyl siding. Parking includes a built-in garage and a long driveway, and the home also features a deck and a private backyard.
Located on a quiet, one-way street in the heart of Eltingville, the property is close to parks, beaches, schools, shopping, local restaurants, and public transportation. It is a short walk from the water and steps from Hylan Boulevard. The property is served by public sewer, and it is zoned R3-1.
Located on a quiet, one-way street in the heart of Eltingville, the property is close to parks, beaches, schools, shopping, local restaurants, and public transportation. It is a short walk from the water and steps from Hylan Boulevard. The property is served by public sewer, and it is zoned R3-1.
Key Highlights
- Built in 1999 vinyl siding two‑family colonial with studio apartment
- 1,920 SF of living space (not including the ground level)
- R3‑1 zoning, public sewer
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
$47,445
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
4.99%
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%
$948,900
$948.9K
Cap Rate 7%
$677,786
$677.8K
Cap Rate 9%
$527,167
$527.2K
Market Conditions
NOI Build-Up for 1,920 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
$73.7K $38.40/SF
− Vacancy
−$5.9K −$3.10/SF
EGI
$67.8K $35.30/SF
− OpEx
−$20.3K −$10.59/SF
NOI
$47.4K $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%
$948,900
Cap Rate 7%
$677,786
Cap Rate 9%
$527,167
Alternative Uses
Best Use
Multifamily LT 5
$677.8K
$593.1K – $790.8K
NOI $47,445 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$596.3K
$521.8K – $695.7K
NOI $41,742 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$916.1K
$801.6K – $1.07M
NOI $64,128 @ 7.0% cap · market cap 6.75%
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
744
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - R3-1 zoned two-family colonial with central air, central location in Eltingville, and a deck plus driveway parking.
Where is this duplex located?
The property is located at 47 Robinson Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Built in 1999 vinyl siding two‑family colonial with studio apartment; 1,920 SF of living space (not including the ground level); R3‑1 zoning, public sewer
