Updated Duplex with Covered
For Sale
$749,900
Pending
58 Columbus Avenue, Staten Island, NY 10304
Residential, Staten Island, NY
Property Size1,292 SF
Lot Size0.05 Acres
Days on Market73
Property Features for 58 Columbus Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Parking features
Off Street, Driveway
Patio and Porch features
Patio
Interior features
Ceiling Fan(s)
Basement
Unfinished, Full
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator
Lot features
Front Yard, Back Yard, Side
Subdivision
Grasmere
Standard status
Pending
APN
3184-0031
Size
1,292 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6683
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Amenities
covered patio
Building Details
Year built
1960
Floors in Building
2
Building materials
Brick, Vinyl Siding, Wood Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Svetlana Noll · License #10301222590
(929) 433-9563
Added: Jul 7
Changed: Sep 13
Last Checked: Sep 17 at 1:06PM
MLS# 2603800
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 1,292-square-foot Colonial-style duplex was built in 1960 and sits on a 0.0523-acre lot. The property includes three bedrooms, two bathrooms, natural oak hardwood floors, a custom kitchen with substantial cabinetry, and four Fujitsu mini-split heating and cooling systems. Additional features include ceiling fans, a dishwasher, disposal, dryer, microwave, and refrigerator.
Constructed with brick, vinyl siding, and wood siding, the property offers a covered patio and private off-street driveway parking for two vehicles. Heating is provided by natural gas and forced air, with public sewer service. The property is zoned R2 and is located near parks, schools, shopping, restaurants, public transportation, and major highways in Staten Island.
Constructed with brick, vinyl siding, and wood siding, the property offers a covered patio and private off-street driveway parking for two vehicles. Heating is provided by natural gas and forced air, with public sewer service. The property is zoned R2 and is located near parks, schools, shopping, restaurants, public transportation, and major highways in Staten Island.
Key Highlights
- 1,292‑square‑foot duplex on a 0.0523‑acre lot
- R2 zoning with Colonial architectural style
- Four Fujitsu mini‑split heating and cooling systems
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
$31,926
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
4.26%
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%
$638,520
$638.5K
Cap Rate 7%
$456,086
$456.1K
Cap Rate 9%
$354,733
$354.7K
Market Conditions
NOI Build-Up for 1,292 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
$49.6K $38.40/SF
− Vacancy
−$4.0K −$3.10/SF
EGI
$45.6K $35.30/SF
− OpEx
−$13.7K −$10.59/SF
NOI
$31.9K $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%
$638,520
Cap Rate 7%
$456,086
Cap Rate 9%
$354,733
Alternative Uses
Best Use
Multifamily LT 5
$456.1K
$399.1K – $532.1K
NOI $31,926 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$418.0K
$365.7K – $487.7K
NOI $29,259 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$616.5K
$539.4K – $719.2K
NOI $43,153 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,265
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Colonial-style duplex with oak flooring, mini-split systems, and a private two-car driveway.
Where is this duplex located?
The property is located at 58 Columbus Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 1,292‑square‑foot duplex on a 0.0523‑acre lot; R2 zoning with Colonial architectural style; Four Fujitsu mini‑split heating and cooling systems
