Two-Family Colonial with Finished
For Sale
$1,275,000
107 Edgegrove Avenue, Staten Island, NY 10312
Residential Income, Staten Island, NY
Property Size3,250 SF
Lot Size0.14 Acres
Price / SF$392.31
Days on Market16
Property Features for 107 Edgegrove Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3A
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 3, Bathroom 5, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 2
Parking features
Carport, Open
Patio and Porch features
Deck
Interior features
Ceiling Fan(s)
Fencing
Fenced
Basement
Finished, Full
Lot features
Front Yard, Back Yard
Subdivision
Annadale
Standard status
Active
APN
05698-0078
Size
3,250 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
10715
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Amenities
wood burning fireplace
deck
on-site laundry
Building Details
Year built
1994
Floors in Building
2
Number of units
3
Building materials
Aluminum Siding, Brick
Architectural style
Colonial
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Francis Franzen
(631) 721-9468
Added: Sep 16
Changed: Sep 30
Last Checked: Oct 1 at 2:06PM
MLS# 2605236
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 detached two-family Colonial contains 3,250 square feet on a 0.1377-acre lot. The main residence has three bedrooms, a formal living room, dining room, eat-in kitchen, and family room with a wood-burning fireplace. Hardwood flooring extends throughout, and a deck connects to the yard. A separate one-bedroom apartment has a full bathroom. The finished basement includes a home-use office, half bath, and laundry area.
The property is zoned R3A and is near Staten Island Rapid Transit, express bus service, and shopping. Built in 1994, the home also includes a stand-up attic and central air conditioning.
The property is zoned R3A and is near Staten Island Rapid Transit, express bus service, and shopping. Built in 1994, the home also includes a stand-up attic and central air conditioning.
Key Highlights
- Detached two‑family Colonial with 3,250 square feet
- 0.1377‑acre lot; R3A zoning
- Main residence includes three bedrooms and a family room with a wood‑burning fireplace
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
$80,310
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
6.30%
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%
$1,606,200
$1.6M
Cap Rate 7%
$1,147,286
$1.1M
Cap Rate 9%
$892,333
$892.3K
Market Conditions
NOI Build-Up for 3,250 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
$124.8K $38.40/SF
− Vacancy
−$10.1K −$3.10/SF
EGI
$114.7K $35.30/SF
− OpEx
−$34.4K −$10.59/SF
NOI
$80.3K $24.71/SF
Area
ZIP 10312
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%
$1,606,200
Cap Rate 7%
$1,147,286
Cap Rate 9%
$892,333
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.00M – $1.34M
NOI $80,310 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$1.01M
$883.2K – $1.18M
NOI $70,656 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,551 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
Median Home Value
Check the figures for this property
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 - A separate one-bedroom apartment and basement office add distinct space within the residence.
Where is this duplex located?
The property is located at 107 Edgegrove Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Detached two‑family Colonial with 3,250 square feet; 0.1377‑acre lot; R3A zoning; Main residence includes three bedrooms and a family room with a wood‑burning fireplace
