Two-Unit Duplex with Three-Car
For Sale
$765,000
Pending
555 Van Duzer Street, Staten Island, NY 10304
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,713 SF
Lot Size0.07 Acres
Days on Market534
Property Features for 555 Van Duzer Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R 3-2
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1
Parking features
Off Street, On Street
Interior features
Ceiling Fan(s)
Fencing
Fenced
Basement
Finished, Full
Lot features
Front Yard, Back Yard
Subdivision
Stapleton
Standard status
Pending
APN
00544-0082
Size
2,713 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
6572
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Building Details
Year built
2005
Floors in Building
2
Number of units
1
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Red Door Realty Group
(718) 987-3667
Listed By:
Luljete Hakaj · License #10401303604
(917) 588-3535
Added: Mar 10, 2025
Changed: Aug 2
Last Checked: Aug 25 at 3:06AM
MLS# 2501263
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.
Tenant-occupied two-family duplex built in 2005 with a Colonial exterior of vinyl siding. The main unit features a large living room, eat-in kitchen, formal dining room, and a half bathroom. The second floor includes three bedrooms with closet space and two bathrooms, and the attic offers high ceilings with potential for more living space. The lower level includes a split basement and sub-basement with access to the backyard.
The second unit has a private side entrance and a split-level layout. Its upper floor includes a living and dining room, eat-in kitchen, and a half bath. The lower level provides two bedrooms and a full bathroom. A three-car driveway supports off-street parking, and the property has fencing. Heating is hot water with natural gas, and the building includes central air.
Zoned R 3-2, the property sits on a 0.0679-acre lot with a total building area of 2,713 square feet. The location is minutes from the express buses, the Staten Island Ferry, and the Verrazano bridge.
The second unit has a private side entrance and a split-level layout. Its upper floor includes a living and dining room, eat-in kitchen, and a half bath. The lower level provides two bedrooms and a full bathroom. A three-car driveway supports off-street parking, and the property has fencing. Heating is hot water with natural gas, and the building includes central air.
Zoned R 3-2, the property sits on a 0.0679-acre lot with a total building area of 2,713 square feet. The location is minutes from the express buses, the Staten Island Ferry, and the Verrazano bridge.
Key Highlights
- Tenant‑occupied two‑family duplex with private side entrance for the second unit
- Three‑car driveway plus off‑street and on‑street parking
- Central air and natural gas hot water heating
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
$67,040
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
8.76%
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%
$1,340,800
$1.3M
Cap Rate 7%
$957,714
$957.7K
Cap Rate 9%
$744,889
$744.9K
Market Conditions
NOI Build-Up for 2,713 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
$104.2K $38.40/SF
− Vacancy
−$8.4K −$3.10/SF
EGI
$95.8K $35.30/SF
− OpEx
−$28.7K −$10.59/SF
NOI
$67.0K $24.71/SF
Area
ZIP 10304
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%
$1,340,800
Cap Rate 7%
$957,714
Cap Rate 9%
$744,889
Alternative Uses
Best Use
Multifamily LT 5
$957.7K
$838.0K – $1.12M
NOI $67,040 @ 7.0% cap · market cap 8.76%
Second Best
Apartment 5plus
$877.7K
$768.0K – $1.02M
NOI $61,439 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,615 @ 7.0% cap · market cap 11.85%
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
1,374
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
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 - Tenant-occupied two-family duplex with central air, natural gas heat, and a three-car driveway off-street parking.
Where is this duplex located?
The property is located at 555 Van Duzer Street Staten Island, NY.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Tenant‑occupied two‑family duplex with private side entrance for the second unit; Three‑car driveway plus off‑street and on‑street parking; Central air and natural gas hot water heating
