Renovated Split-Level
For Sale
$875,000
Pending
8 Fillmore Avenue, Staten Island, NY 10314
SINGLE_FAMILY - Staten Island, NY
Property Size1,610 SF
Lot Size0.05 Acres
Days on Market101
Property Features for 8 Fillmore Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Driveway
Window features
ENERGY STAR Qualified WIndows
Patio and Porch features
Patio
Interior features
Ceiling Fan(s)
Fencing
Fenced
Basement
Partial, Finished
Appliances
ENERGY STAR Qualified Appliances, ENERGY STAR Refrigerator, ENERGY STAR Dishwasher, ENERGY STAR Clothes Washer, Dishwasher, Dryer, Microwave
Lot features
Back Yard
Subdivision
Willowbrook
Standard status
Pending
Size
1,610 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5917
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1980
Floors in Building
3
Building materials
Brick, Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Francis A Shearon · License #10301218348
(718) 447-8100
Added: May 27
Changed: Aug 11
Last Checked: Sep 4 at 10:06PM
MLS# 2602947
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 renovated semi-attached single-family home offers a split-level layout with true three-bedroom living plus a spacious family room that can flex as a fourth bedroom, home office, or recreation space. Recent improvements include brand new windows, siding, roofing, and flooring throughout, along with a new kitchen and two fully tiled bathrooms with modern finishes. Central heating and cooling provide year-round comfort. A partial basement adds storage and extra utility, and the home includes off-street parking for multiple vehicles, a private backyard, and a large deck directly off the kitchen.
The home is located in the Willowbrook community on a private cul-de-sac just off Willowbrook Road, with immediate highway accessibility seconds away. It’s also minutes to Victory Boulevard, shopping, dining, and transportation, with houses of worship within walking distance.
Zoned R3-1, the property is offered for sale at 8 Fillmore Avenue in Staten Island, NY 10314.
The home is located in the Willowbrook community on a private cul-de-sac just off Willowbrook Road, with immediate highway accessibility seconds away. It’s also minutes to Victory Boulevard, shopping, dining, and transportation, with houses of worship within walking distance.
Zoned R3-1, the property is offered for sale at 8 Fillmore Avenue in Staten Island, NY 10314.
Key Highlights
- Split‑level single‑family semi‑attached home with 3 bedrooms plus a spacious family room that can serve as a 4th bedroom, office, or recreation space
- Renovations include new windows, siding, roofing, and flooring throughout, plus a new kitchen
- Two fully tiled bathrooms with modern finishes
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
$40,719
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
4.65%
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%
$814,380
$814.4K
Cap Rate 7%
$581,700
$581.7K
Cap Rate 9%
$452,433
$452.4K
Market Conditions
NOI Build-Up for 1,610 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
$77.3K $48.00/SF
− Vacancy
−$3.2K −$2.02/SF
EGI
$74.0K $45.98/SF
− OpEx
−$33.3K −$20.69/SF
NOI
$40.7K $25.29/SF
Area
ZIP 10314
Vacancy
4.20%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
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%
$814,380
Cap Rate 7%
$581,700
Cap Rate 9%
$452,433
Alternative Uses
Best Use
Apartment 5plus
$581.7K
$509.0K – $678.7K
NOI $40,719 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$768.2K
$672.2K – $896.2K
NOI $53,774 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Renovated semi-attached split-level home with central heating and cooling, off-street parking, and a deck off the kitchen.
Where is this single family property located?
The property is located at 8 Fillmore Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Split‑level single‑family semi‑attached home with 3 bedrooms plus a spacious family room that can serve as a 4th bedroom, office, or recreation space; Renovations include new windows, siding, roofing, and flooring throughout, plus a new kitchen; Two fully tiled bathrooms with modern finishes
