Updated Two-Level
For Sale
$808,900
Pending
61 Middle Loop Road, Staten Island, NY 10308
Residential, Staten Island, NY
Property Size2,080 SF
Lot Size0.06 Acres
Days on Market98
Property Features for 61 Middle Loop Road
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Dining Room, Bedroom 3, Bathroom 1, Bedroom 4
Parking features
On Street, Driveway, Off Street
Patio and Porch features
Patio
Interior features
Ceiling Fan(s)
Fencing
Chain Link, Fenced
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot features
Front Yard, Back Yard, Side
Subdivision
Great Kills
Standard status
Pending
APN
05489-0349
Size
2,080 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
6401
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
1970
Floors in Building
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
Shi Xiao Min · License #10401316611
(646) 714-8518
Added: Jun 5
Changed: Sep 4
Last Checked: Sep 10 at 4:06AM
MLS# 2603168
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 2,080-square-foot Colonial duplex is configured for flexible two-level living. The upper floor contains three bedrooms, a living room, kitchen, dining room, and full bathroom. A separate lower-floor living area adds one bedroom, another bathroom, and dedicated access from the side and backyard. The property sits on a 0.0643-acre lot and includes a patio, fenced yard, driveway parking, off-street parking, and on-street parking.
Major work completed in 2025 includes the roof, windows, gutters, boiler, and hardwood flooring. The kitchen and bathrooms, along with the HVAC system, were updated within the past seven years. Central air and forced-air natural-gas heat are delivered through a two-zone system serving both levels. Additional features include vinyl siding, ceiling fans, included laundry and kitchen appliances, and public sewer. The property is zoned R3-1 and is near shopping, restaurants, public transportation, and express bus service in Staten Island.
Major work completed in 2025 includes the roof, windows, gutters, boiler, and hardwood flooring. The kitchen and bathrooms, along with the HVAC system, were updated within the past seven years. Central air and forced-air natural-gas heat are delivered through a two-zone system serving both levels. Additional features include vinyl siding, ceiling fans, included laundry and kitchen appliances, and public sewer. The property is zoned R3-1 and is near shopping, restaurants, public transportation, and express bus service in Staten Island.
Key Highlights
- 2,080‑square‑foot Colonial duplex on a 0.0643‑acre lot
- Upper level with 3 bedrooms; lower living area includes 1 bedroom and private access
- 2025 improvements include roof, windows, gutters, boiler, and hardwood flooring
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
$51,726
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
6.39%
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%
$1,034,520
$1.0M
Cap Rate 7%
$738,943
$738.9K
Cap Rate 9%
$574,733
$574.7K
Market Conditions
NOI Build-Up for 2,080 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
$77.4K $37.20/SF
− Vacancy
−$3.5K −$1.67/SF
EGI
$73.9K $35.53/SF
− OpEx
−$22.2K −$10.66/SF
NOI
$51.7K $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%
$1,034,520
Cap Rate 7%
$738,943
Cap Rate 9%
$574,733
Alternative Uses
Best Use
Multifamily LT 5
$738.9K
$646.6K – $862.1K
NOI $51,726 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$658.9K
$576.6K – $768.8K
NOI $46,126 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$992.5K
$868.4K – $1.16M
NOI $69,472 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
Explore this area
Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
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
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Frequently Asked Questions
What type of property is this?
Duplex - Separate lower-level living quarters include private side and backyard entry, with two-zone HVAC serving both levels.
Where is this duplex located?
The property is located at 61 Middle Loop Road Staten Island, NY.
What is the asking price?
The asking price for this property is $808,900.
What are key features of this property?
This property features: 2,080‑square‑foot Colonial duplex on a 0.0643‑acre lot; Upper level with 3 bedrooms; lower living area includes 1 bedroom and private access; 2025 improvements include roof, windows, gutters, boiler, and hardwood flooring
