New Two-Family
For Sale
Contact for pricing
Pending
108 Jacques Avenue, Staten Island, NY 10306
New 6/6 two-family home with modern design.
Property Size4,026 SF
Days on Market115
Property Features for 108 Jacques Avenue
General Information
Standard status
Pending
Size
4,026 SF
Property subtype
Multifamily
Zoning
R3X
Building Details
Year Built
2026
Stories
2
Units
2
Listing Agency:
Precious Properties Corp.
Listed By:
Jessica Holton · License #10401247631
Source:
Crexi
Added: May 14
Changed: Aug 11
Last Checked: Aug 10 at 11:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Precious Properties Corp.
Investment Insights
Based on property information with market context.
This new two-family home features a modern design and functional living space. Each unit offers an open concept layout that integrates the living room, dining area, and kitchen with an island. The primary bedroom includes a private en suite bathroom and a walk-in closet. Each unit also contains two additional bedrooms and a full bathroom. Laundry hookups are conveniently located on each floor. The finished basement includes a full bathroom and two separate entrances, providing additional living or recreational space. The property is designed for convenience and independence with three separate electrical meters, one on each floor. The property is located close to transportation, shopping, and restaurants. The property size is 4,026 square feet.
Key Highlights
- Brand new two‑family home (built in 2026) with modern design.
- Each unit features an open concept layout with kitchen island.
- Primary bedroom includes a private ¾ en suite bathroom and walk‑in closet.
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
$102,267
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
6.60%
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%
$2,045,340
$2.0M
Cap Rate 7%
$1,460,957
$1.5M
Cap Rate 9%
$1,136,300
$1.1M
Market Conditions
NOI Build-Up for 4,026 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
$154.6K $38.40/SF
− Vacancy
−$8.5K −$2.11/SF
EGI
$146.1K $36.29/SF
− OpEx
−$43.8K −$10.89/SF
NOI
$102.3K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
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%
$2,045,340
Cap Rate 7%
$1,460,957
Cap Rate 9%
$1,136,300
Alternative Uses
Best Use
Multifamily LT 5
$1.46M
$1.28M – $1.70M
NOI $102,267 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$1.30M
$1.14M – $1.51M
NOI $90,875 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,469 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,906
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
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 - New 6/6 two-family home with modern design.
Where is this duplex located?
The property is located at 108 Jacques Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Brand new two‑family home (built in 2026) with modern design.; Each unit features an open concept layout with kitchen island.; Primary bedroom includes a private ¾ en suite bathroom and walk‑in closet.
