Side-by-Side Duplex with Finished
For Sale
$1,250,000
10 Errington Place, Staten Island, NY 10304
Residential, Duplex - Side/Side, Staten Island, NY
Property Size2,924 SF
Lot Size0.10 Acres
Price / SF$427.50
Days on Market209
Property Features for 10 Errington Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3X
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1
Parking features
Carport, Garage - Detached
Interior features
Dishwasher, Fireplace, Garage Door Opener(s), Microwave, Refrigerator, Stove, Washer
Fireplace
1
Basement
Full
Subdivision
Clifton
Standard status
Active
Size
2,924 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
3103
Building Details
Year built
1905
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile, Marble
Building materials
Wood Frame
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Robert Defalco Realty Inc
(718) 748-7000
Listed By:
Derek Risbrook
(347) 699-8230
Added: Feb 20
Changed: Sep 15
Last Checked: Sep 17 at 9:06PM
MLS# 499095
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.
Built in 1905, this 2,924-square-foot wood-frame duplex is arranged as two side-by-side residences, each with its own living room, kitchen, and three-bedroom layout. The property includes two full bathrooms and one three-quarter bathroom, along with finished attic and basement areas that add flexible interior space. Hardwood, marble, and tile flooring are present, and the home includes a fireplace, appliances, and a washer.
The property occupies a 45 x 100 lot, or 0.1033 acres, at 10 Errington Place in Staten Island. Parking includes a two-car driveway pad and a one-car garage. The asphalt roof and detached garage are additional physical features of the property. The two-unit configuration, six total bedrooms, and separate residential layouts support a range of household and ownership arrangements.
The property occupies a 45 x 100 lot, or 0.1033 acres, at 10 Errington Place in Staten Island. Parking includes a two-car driveway pad and a one-car garage. The asphalt roof and detached garage are additional physical features of the property. The two-unit configuration, six total bedrooms, and separate residential layouts support a range of household and ownership arrangements.
Key Highlights
- Side‑by‑side duplex with 2,924 square feet and 6 total bedrooms
- Two separate residential layouts, each configured with 3 bedrooms
- Finished attic and finished basement provide additional interior space
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
$72,254
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
5.78%
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%
$1,445,080
$1.4M
Cap Rate 7%
$1,032,200
$1.0M
Cap Rate 9%
$802,822
$802.8K
Market Conditions
NOI Build-Up for 2,924 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
$112.3K $38.40/SF
− Vacancy
−$9.1K −$3.10/SF
EGI
$103.2K $35.30/SF
− OpEx
−$31.0K −$10.59/SF
NOI
$72.3K $24.71/SF
Area
ZIP 10304
Vacancy
8.07%
Lease Rate
$38.40 /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%
$1,445,080
Cap Rate 7%
$1,032,200
Cap Rate 9%
$802,822
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$903.2K – $1.20M
NOI $72,254 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$946.0K
$827.7K – $1.10M
NOI $66,218 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,662 @ 7.0% cap · market cap 7.81%
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
1,575
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value
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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 - Two-family layout includes separate living areas, finished lower and upper bonus spaces, and off-street parking.
Where is this duplex located?
The property is located at 10 Errington Place Staten Island, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 2,924 square feet and 6 total bedrooms; Two separate residential layouts, each configured with 3 bedrooms; Finished attic and finished basement provide additional interior space
