Detached Two-Family Colonial
For Sale
$1,450,000
Pending
483 Woodrow Road, Staten Island, NY 10312
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,272 SF
Lot Size0.10 Acres
Days on Market123
Property Features for 483 Woodrow Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3-1
Bedrooms
8
Bathrooms
5
Full bathrooms
2
Rooms
Bedroom 5, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 7, Bedroom 4, Bathroom 5, Bedroom 3, Bedroom 1, Bedroom 6
Parking features
Driveway
Basement
Full, Finished
Lot features
Back Yard
Subdivision
Woodrow
Standard status
Pending
Size
3,272 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
4876
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Stone, Stucco, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Chia Chen · License #10401317469
(718) 987-7900
Added: Apr 24
Changed: Aug 2
Last Checked: Aug 24 at 9:06PM
MLS# 2602222
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.
Detached two-family “7 over 7” Colonial home currently under construction. The property is configured with a total of 8 bedrooms and 5 bathrooms across an expansive 22.6 x 72.4-foot footprint, built with stone, stucco, and vinyl siding. Heating is forced air with electric heat, and the home includes central air.
Set on a 0.0999-acre lot, the property includes driveway parking and is served by public sewer. It is located near public transportation, with Staten Island Mall and Costco just minutes away.
The home’s “7 over 7” layout provides two separate living levels within the detached structure, supported by the listed bedroom and bathroom count.
Set on a 0.0999-acre lot, the property includes driveway parking and is served by public sewer. It is located near public transportation, with Staten Island Mall and Costco just minutes away.
The home’s “7 over 7” layout provides two separate living levels within the detached structure, supported by the listed bedroom and bathroom count.
Key Highlights
- Under construction detached two‑family “7 over 7” Colonial home
- Total of 8 bedrooms and 5 bathrooms
- 22.6 x 72.4‑foot footprint
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
$80,854
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
5.58%
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%
$1,617,080
$1.6M
Cap Rate 7%
$1,155,057
$1.2M
Cap Rate 9%
$898,378
$898.4K
Market Conditions
NOI Build-Up for 3,272 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
$125.6K $38.40/SF
− Vacancy
−$10.1K −$3.10/SF
EGI
$115.5K $35.30/SF
− OpEx
−$34.7K −$10.59/SF
NOI
$80.9K $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%
$1,617,080
Cap Rate 7%
$1,155,057
Cap Rate 9%
$898,378
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.01M – $1.35M
NOI $80,854 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$1.02M
$889.2K – $1.19M
NOI $71,135 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,286 @ 7.0% cap · market cap 7.54%
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
390
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 - Detached two-family “7 over 7” under construction with 8 bedrooms, 5 bathrooms, driveway parking, and central air.
Where is this duplex located?
The property is located at 483 Woodrow Road Staten Island, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Under construction detached two‑family “7 over 7” Colonial home; Total of 8 bedrooms and 5 bathrooms; 22.6 x 72.4‑foot footprint
