Corner Single-Family Home with
For Sale
$838,000
86 Evans Street, Staten Island, NY 10314
SINGLE_FAMILY - Staten Island, NY
Property Size1,480 SF
Lot Size0.06 Acres
Price / SF$566.22
Days on Market727
Property Features for 86 Evans Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Interior features
Central Air, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Basement
Full, Finished
Subdivision
New Springville
Standard status
Active
Size
1,480 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
2633
Building Details
Year built
1980
Floors in Building
2
Flooring type
Carpet, Tile
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
Century 21 Realty First
(718) 758-5838
Listed By:
Karla Ng Mok · License #KNM9509
(718) 758-5838
Added: Sep 4, 2024
Changed: Aug 14
Last Checked: Aug 31 at 10:06AM
MLS# 485755
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 corner single-family home offers an open living and dining area, a kitchen with access to the backyard, and tile floors on the first floor along with a half bathroom. Upstairs, there are three bedrooms with closet space and a recently renovated full bathroom. The home also includes a finished basement with dedicated laundry space and an additional recreational room.
The property is located on a private driveway that can accommodate multiple vehicles, and is described as being a few minutes from I-278. Public remarks also note it is across from the Bus Station for S61 and S91.
With a building size reported at 20 by 37 feet and a lot size reported at 29 by 91 feet, this home is positioned on a corner lot and provides interior space for both everyday living and recreation.
The property is located on a private driveway that can accommodate multiple vehicles, and is described as being a few minutes from I-278. Public remarks also note it is across from the Bus Station for S61 and S91.
With a building size reported at 20 by 37 feet and a lot size reported at 29 by 91 feet, this home is positioned on a corner lot and provides interior space for both everyday living and recreation.
Key Highlights
- Corner single‑family home with 3 bedrooms, 2 bathrooms, and a finished basement with laundry space and recreational room
- Private driveway with space that could fit 2–3 cars
- Kitchen includes dishwasher, microwave, refrigerator, and stove; home features central air
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
$37,431
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
4.47%
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%
$748,620
$748.6K
Cap Rate 7%
$534,729
$534.7K
Cap Rate 9%
$415,900
$415.9K
Market Conditions
NOI Build-Up for 1,480 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
$71.0K $48.00/SF
− Vacancy
−$3.0K −$2.02/SF
EGI
$68.1K $45.98/SF
− OpEx
−$30.6K −$20.69/SF
NOI
$37.4K $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%
$748,620
Cap Rate 7%
$534,729
Cap Rate 9%
$415,900
Alternative Uses
Best Use
Apartment 5plus
$534.7K
$467.9K – $623.9K
NOI $37,431 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$706.2K
$617.9K – $823.9K
NOI $49,432 @ 7.0% cap · market cap 5.90%
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
539
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
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Frequently Asked Questions
What type of property is this?
Single family property - Corner single-family home with a private driveway, finished basement, and three bedrooms plus laundry and a recreational room.
Where is this single family property located?
The property is located at 86 Evans Street Staten Island, NY.
What is the asking price?
The asking price for this property is $838,000.
What are key features of this property?
This property features: Corner single‑family home with 3 bedrooms, 2 bathrooms, and a finished basement with laundry space and recreational room; Private driveway with space that could fit 2–3 cars; Kitchen includes dishwasher, microwave, refrigerator, and stove; home features central air
