Detached Two-Family Duplex with
For Sale
$928,888
50 Clifton Avenue, Staten Island, NY 10305
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size1,879 SF
Lot Size0.15 Acres
Price / SF$494.35
Days on Market34
Property Features for 50 Clifton Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
12
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 11, Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 8, Bedroom 3, Bathroom 3, Bedroom 9, Bedroom 10, Bedroom 5, Bedroom 4, Bedroom 12, Bathroom 4, Bedroom 6
Parking features
Off Street
Patio and Porch features
Deck
Exterior features
Balcony
Basement
Crawl Space, Finished
Lot features
Front Yard, Back Yard
Subdivision
Rosebank
Standard status
Active
APN
2829-26
Size
1,879 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
6770
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Amenities
front porch
rear deck
private driveway
huge backyard
finished basement
walk-up attic
Building Details
Year built
1901
Floors in Building
2
Number of units
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
JM Properties
(718) 524-6673
Listed By:
Lesly Thevenot
(917) 701-9376
Added: Jul 22
Changed: Aug 16
Last Checked: Aug 24 at 2:06PM
MLS# 2604169
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.
50 Clifton Avenue is a detached two-family, Colonial-style duplex on a 0.1481-acre lot, built in 1901. The home features brick construction with vinyl siding, along with a rear deck, balcony, and off-street parking. Each of the two upper units includes a galley kitchen, three bedrooms, and a full bathroom.
The fully finished basement has its own private entrance and includes a summer kitchen, a three-quarter bathroom, and three additional rooms suitable for recreation, a home office, guest space, or other flexible use. Above the second-floor unit, the walk-up attic adds a three-quarter bathroom and three additional finished rooms for further versatility.
Heating is provided via natural gas hot water heat, and the property connects to public sewer. The listing notes recently updated mechanicals, including the hot water heater and furnace. The exterior is enhanced by a private driveway and an expansive backyard, and the home is positioned for convenient access to shopping, schools, houses of worship, public transportation, and the Verrazzano-Narrows Bridge.
The fully finished basement has its own private entrance and includes a summer kitchen, a three-quarter bathroom, and three additional rooms suitable for recreation, a home office, guest space, or other flexible use. Above the second-floor unit, the walk-up attic adds a three-quarter bathroom and three additional finished rooms for further versatility.
Heating is provided via natural gas hot water heat, and the property connects to public sewer. The listing notes recently updated mechanicals, including the hot water heater and furnace. The exterior is enhanced by a private driveway and an expansive backyard, and the home is positioned for convenient access to shopping, schools, houses of worship, public transportation, and the Verrazzano-Narrows Bridge.
Key Highlights
- R4 zoning for this detached two‑family duplex
- 0.1481‑acre lot with rear deck and balcony
- 1901 construction; brick with vinyl siding
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
$49,334
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
5.31%
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%
$986,680
$986.7K
Cap Rate 7%
$704,771
$704.8K
Cap Rate 9%
$548,156
$548.2K
Market Conditions
NOI Build-Up for 1,879 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
$76.7K $40.80/SF
− Vacancy
−$6.2K −$3.29/SF
EGI
$70.5K $37.51/SF
− OpEx
−$21.1K −$11.25/SF
NOI
$49.3K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /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%
$986,680
Cap Rate 7%
$704,771
Cap Rate 9%
$548,156
Alternative Uses
Best Use
Multifamily LT 5
$704.8K
$616.7K – $822.2K
NOI $49,334 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$648.4K
$567.4K – $756.5K
NOI $45,389 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$896.6K
$784.5K – $1.05M
NOI $62,759 @ 7.0% cap · market cap 6.76%
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
722
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
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 - R4-zoned detached two-family duplex with off-street parking, a rear deck, and a walk-up attic with additional finished rooms.
Where is this duplex located?
The property is located at 50 Clifton Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $928,888.
What are key features of this property?
This property features: R4 zoning for this detached two‑family duplex; 0.1481‑acre lot with rear deck and balcony; 1901 construction; brick with vinyl siding
