Duplex with In-Ground
For Sale
$879,000
Pending
65 Pond Street, Staten Island, NY 10309
Residential Income, Staten Island, NY
Property Size1,611 SF
Lot Size0.08 Acres
Days on Market40
Property Features for 65 Pond Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 3
Pool private
1
Fencing
Fenced
Subdivision
Rossville
Standard status
Pending
APN
6164-0071
Size
1,611 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
8382
Utilities
Heating system
Natural Gas, Forced Air
Amenities
in-ground pool
Building Details
Year built
1999
Floors in Building
2
Building materials
Vinyl Siding, Stucco, Aluminum
Listing Agency:
RED DOOR REALTY GROUP
(718) 987-3667
Listed By:
Daniel Fausak
(917) 836-7015
Added: Aug 1
Changed: Sep 5
Last Checked: Sep 9 at 7:06PM
MLS# 11914152
Copyright © 2026 My State MLS. 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.
Built in 1999, this 1,611-square-foot duplex combines a primary residence with a second studio or one-bedroom unit. The homes are connected through the garage and an additional family room, providing separation between the living areas. The main residence includes three bedrooms, a large eat-in kitchen, custom finishes, and high ceilings. A fenced in-ground pool and three-car driveway add useful exterior amenities.
The property occupies 0.0782 acres in Staten Island, NY 10309. Forced-air heating with natural gas service supports the residence, while vinyl siding, stucco, and aluminum are used in the construction. Shopping, transportation, and major highways are located minutes from the property.
The property occupies 0.0782 acres in Staten Island, NY 10309. Forced-air heating with natural gas service supports the residence, while vinyl siding, stucco, and aluminum are used in the construction. Shopping, transportation, and major highways are located minutes from the property.
Key Highlights
- Two‑family duplex with a separate studio or one‑bedroom unit
- 1,611 square feet on a 0.0782‑acre lot
- Main residence includes 3 bedrooms and a large eat‑in kitchen
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
$40,063
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
4.56%
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%
$801,260
$801.3K
Cap Rate 7%
$572,329
$572.3K
Cap Rate 9%
$445,144
$445.1K
Market Conditions
NOI Build-Up for 1,611 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
$59.9K $37.20/SF
− Vacancy
−$2.7K −$1.67/SF
EGI
$57.2K $35.53/SF
− OpEx
−$17.2K −$10.66/SF
NOI
$40.1K $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%
$801,260
Cap Rate 7%
$572,329
Cap Rate 9%
$445,144
Alternative Uses
Best Use
Multifamily LT 5
$572.3K
$500.8K – $667.7K
NOI $40,063 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$510.4K
$446.6K – $595.4K
NOI $35,726 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$768.7K
$672.6K – $896.8K
NOI $53,808 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family configuration pairs a primary residence with an income-producing studio or one-bedroom unit.
Where is this duplex located?
The property is located at 65 Pond Street Staten Island, NY.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Two‑family duplex with a separate studio or one‑bedroom unit; 1,611 square feet on a 0.0782‑acre lot; Main residence includes 3 bedrooms and a large eat‑in kitchen
