Two-Family Colonial
For Sale
$699,999
52 Crescent Avenue, Staten Island, NY 10301
Residential Income, Staten Island, NY
Property Size2,548 SF
Lot Size0.08 Acres
Price / SF$274.72
Days on Market39
Property Features for 52 Crescent Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Bedrooms
7
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Parking features
On Street
Interior features
Ceiling Fan(s)
Exterior features
Balcony
Basement
Full, Finished
Lot features
Back Yard
Subdivision
St. George
Standard status
Active
APN
00028-0057
Size
2,548 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
5649
Utilities
Sewer type
Public Sewer
Heating system
Oil, Hot Water(Heating)
Building Details
Year built
1899
Floors in Building
2
Number of units
2
Building materials
Wood Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Ragheb Mick Baig
(718) 987-7900
Added: Jul 17
Changed: Aug 20
Last Checked: Aug 24 at 4:06PM
MLS# 2604062
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.
This two-family Colonial at 52 Crescent Avenue contains approximately 2,548 square feet of living space, arranged with a four-bedroom unit over a three-bedroom unit. A finished attic and finished basement add usable interior areas, while a balcony, wood siding, ceiling fans, and on-street parking complement the property. The home was built in 1899 and uses oil-fired hot-water heating with public sewer service. Some work is needed to update the property’s cosmetics.
The St. George-area setting places the home near the Staten Island Ferry, Expressway access, local shops, schools, and public transportation. The two-unit configuration can accommodate an owner-occupant seeking additional rental income or a buyer pursuing a residential income property.
The St. George-area setting places the home near the Staten Island Ferry, Expressway access, local shops, schools, and public transportation. The two-unit configuration can accommodate an owner-occupant seeking additional rental income or a buyer pursuing a residential income property.
Key Highlights
- Two‑family layout with a 4‑bedroom unit over a 3‑bedroom unit
- Approximately 2,548 square feet of living space
- Finished attic and finished basement provide additional interior areas
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
$63,364
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
9.05%
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%
$1,267,280
$1.3M
Cap Rate 7%
$905,200
$905.2K
Cap Rate 9%
$704,044
$704.0K
Market Conditions
NOI Build-Up for 2,548 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
$94.8K $37.20/SF
− Vacancy
−$4.3K −$1.67/SF
EGI
$90.5K $35.53/SF
− OpEx
−$27.2K −$10.66/SF
NOI
$63.4K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /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%
$1,267,280
Cap Rate 7%
$905,200
Cap Rate 9%
$704,044
Alternative Uses
Best Use
Multifamily LT 5
$905.2K
$792.1K – $1.06M
NOI $63,364 @ 7.0% cap · market cap 9.05%
Second Best
Apartment 5plus
$807.2K
$706.3K – $941.7K
NOI $56,504 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,104 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,673
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
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 - Four- and three-bedroom arrangements provide flexible residential income use in a Colonial-style property.
Where is this duplex located?
The property is located at 52 Crescent Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two‑family layout with a 4‑bedroom unit over a 3‑bedroom unit; Approximately 2,548 square feet of living space; Finished attic and finished basement provide additional interior areas
