New Construction Duplex with
For Sale
$1,299,900
6903 Amboy Road, Staten Island, NY 10309
Residential Income, Staten Island, NY
Property Size2,600 SF
Lot Size0.13 Acres
Price / SF$499.96
Days on Market27
Property Features for 6903 Amboy Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3X
Bedrooms
6
Bathrooms
4
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 3
Parking features
Driveway, Carport
Interior features
Walk-In Closet(s)
Basement
Unfinished
Lot features
Back Yard
Subdivision
Tottenville
Standard status
Active
Size
2,600 SF
Lot size
0.13 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Stone, Stucco, Vinyl Siding
Architectural style
Colonial
Listing Agency:
JM Properties
(718) 524-6673
Listed By:
Jessica Matute · License #10311207871
(917) 701-9376
Added: Jul 29
Changed: Aug 23
Last Checked: Aug 24 at 3:06AM
MLS# 2604261
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-unit residential property is under construction with a projected 2026 completion year and approximately 2,600 square feet. Each unit is configured with three bedrooms and two bathrooms. Interior features include hardwood floors, quartz countertops, stainless steel appliances, recessed lighting, decorative millwork, fully tiled bathrooms, and walk-in closet space. A primary bedroom includes a private three-quarter bathroom. The first-floor residence connects to a large unfinished basement with a separate side entry to the yard.
The property is located at 6903 Amboy Road in Staten Island’s Tottenville section. Site improvements include a driveway and carport, while public sewer, forced-air electric heating, and central air conditioning are provided. The parcel measures 0.1272 acres and carries R3X zoning.
The property is located at 6903 Amboy Road in Staten Island’s Tottenville section. Site improvements include a driveway and carport, while public sewer, forced-air electric heating, and central air conditioning are provided. The parcel measures 0.1272 acres and carries R3X zoning.
Key Highlights
- 2,600 square feet with a two‑unit residential configuration
- Each unit includes 3 bedrooms and 2 bathrooms
- Large unfinished basement with side entrance to the yard
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
$64,657
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
4.97%
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%
$1,293,140
$1.3M
Cap Rate 7%
$923,671
$923.7K
Cap Rate 9%
$718,411
$718.4K
Market Conditions
NOI Build-Up for 2,600 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
$96.7K $37.20/SF
− Vacancy
−$4.4K −$1.67/SF
EGI
$92.4K $35.53/SF
− OpEx
−$27.7K −$10.66/SF
NOI
$64.7K $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%
$1,293,140
Cap Rate 7%
$923,671
Cap Rate 9%
$718,411
Alternative Uses
Best Use
Multifamily LT 5
$923.7K
$808.2K – $1.08M
NOI $64,657 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$823.7K
$720.7K – $961.0K
NOI $57,658 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,841 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
668
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
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 - Two residential units offer three-bedroom layouts, upgraded finishes, and access to a large unfinished basement.
Where is this duplex located?
The property is located at 6903 Amboy Road Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: 2,600 square feet with a two‑unit residential configuration; Each unit includes 3 bedrooms and 2 bathrooms; Large unfinished basement with side entrance to the yard
