New Construction Two-Family
For Sale
Contact for pricing
12 Keppel Avenue, Staten Island, NY 10307
New construction two-family layout with spacious units and a full basement with separate entrance and bath.
Property Size4,000 SF
Price / SF$357
Days on Market65
Property Features for 12 Keppel Avenue
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Multifamily
Zoning
R3X
Building Details
Year Built
2026
Stories
2
Units
2
Listing Agency:
DiTommaso Real Estate
(718) 356-9200
Listed By:
Dianne Lopardo · License #10401205678
Source:
Crexi
Added: Jun 21
Changed: Aug 16
Last Checked: Aug 24 at 1:47PM
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 DiTommaso Real Estate
Investment Insights
Based on property information with market context.
This new construction 6-over-6 two-family home is designed for flexibility, with generous living space in both units. The property totals 6 bedrooms and 5 bathrooms across the two residences. A full basement adds additional utility, including a separate entrance and a bathroom, which can support a variety of functional needs.
The home sits on an oversized lot with a spacious backyard. The property is described as conveniently located near shopping, transportation, schools, and everyday amenities.
For buyers seeking a multi-unit setup, the two-family configuration allows for rental income potential or owner-occupancy with an additional unit. The full basement with its own entrance and bathroom may also appeal to households looking for extended living arrangements or extra space within the property. Total bedroom and bath counts, along with the basement access, support a practical case for both investor and multigenerational use.
The home sits on an oversized lot with a spacious backyard. The property is described as conveniently located near shopping, transportation, schools, and everyday amenities.
For buyers seeking a multi-unit setup, the two-family configuration allows for rental income potential or owner-occupancy with an additional unit. The full basement with its own entrance and bathroom may also appeal to households looking for extended living arrangements or extra space within the property. Total bedroom and bath counts, along with the basement access, support a practical case for both investor and multigenerational use.
Key Highlights
- New construction 6‑over‑6 two‑family home built in 2026
- 6 bedrooms and 5 total baths across both units
- Full basement with separate entrance and a bathroom
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
$99,473
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
6.97%
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%
$1,989,460
$2.0M
Cap Rate 7%
$1,421,043
$1.4M
Cap Rate 9%
$1,105,256
$1.1M
Market Conditions
NOI Build-Up for 4,000 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
$148.8K $37.20/SF
− Vacancy
−$6.7K −$1.67/SF
EGI
$142.1K $35.53/SF
− OpEx
−$42.6K −$10.66/SF
NOI
$99.5K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /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%
$1,989,460
Cap Rate 7%
$1,421,043
Cap Rate 9%
$1,105,256
Alternative Uses
Best Use
Multifamily LT 5
$1.42M
$1.24M – $1.66M
NOI $99,473 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,704 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,601 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
842
Businesses Nearby
Explore this area
Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
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 construction two-family layout with spacious units and a full basement with separate entrance and bath.
Where is this duplex located?
The property is located at 12 Keppel Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,428,000.
What are key features of this property?
This property features: New construction 6‑over‑6 two‑family home built in 2026; 6 bedrooms and 5 total baths across both units; Full basement with separate entrance and a bathroom
