Side-by-Side
For Sale
$699,999
12 Doty ave, Staten Island, NY 10305
Residential Income, Staten Island, NY
Property Size1,518 SF
Lot Size0.28 Acres
Price / SF$461.13
Days on Market12
Property Features for 12 Doty ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 1
Subdivision
Arrochar
Standard status
Active
Size
1,518 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Annual Amount
2800
Building Details
Year built
1945
Floors in Building
1
Listing Agency:
YOUR HOME SOLD GUARANTEED REALTY ADVISOR LLC
Listed By:
Hal Blake
(718) 608-4892
Added: Sep 10
Changed: Sep 16
Last Checked: Sep 21 at 7:06PM
MLS# 11969336
Copyright © 2026 My State MLS. 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 1945, this 1,518-square-foot legal two-family property is arranged as two side-by-side units. Each residence includes two bedrooms, a living room, and a full bathroom, creating distinct living areas within the same structure. The property sits on an oversized 125-by-96-foot lot and includes a one-car garage along with additional off-street parking.
The current owner occupies one unit while the second unit produces rental income. This configuration supports an owner-occupied arrangement with separate space for another household, while the side-by-side design offers each residence its own defined living area. The property is located in Staten Island, New York, within ZIP Code 10305.
The current owner occupies one unit while the second unit produces rental income. This configuration supports an owner-occupied arrangement with separate space for another household, while the side-by-side design offers each residence its own defined living area. The property is located in Staten Island, New York, within ZIP Code 10305.
Key Highlights
- Two side‑by‑side units with two bedrooms, a living room, and a full bathroom in each
- 1,518 square feet of building area
- Oversized 125‑by‑96‑foot lot
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
$39,855
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
5.69%
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%
$797,100
$797.1K
Cap Rate 7%
$569,357
$569.4K
Cap Rate 9%
$442,833
$442.8K
Market Conditions
NOI Build-Up for 1,518 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
$61.9K $40.80/SF
− Vacancy
−$5.0K −$3.29/SF
EGI
$56.9K $37.51/SF
− OpEx
−$17.1K −$11.25/SF
NOI
$39.9K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /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%
$797,100
Cap Rate 7%
$569,357
Cap Rate 9%
$442,833
Alternative Uses
Best Use
Multifamily LT 5
$569.4K
$498.2K – $664.3K
NOI $39,855 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$523.8K
$458.4K – $611.2K
NOI $36,669 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$724.3K
$633.8K – $845.0K
NOI $50,702 @ 7.0% cap · market cap 7.24%
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
583
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
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 - Legal two-family property with separate living spaces, a garage, and additional off-street parking.
Where is this duplex located?
The property is located at 12 Doty ave Staten Island, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two side‑by‑side units with two bedrooms, a living room, and a full bathroom in each; 1,518 square feet of building area; Oversized 125‑by‑96‑foot lot
