Detached Two-Family with Finished
For Sale
$729,000
76 Greenleaf Ave, Staten Island, NY 10310
Detached two-family built in 1899 with a finished basement, two-car private driveway parking, and two vacant apartments.
Property Size2,000 SF
Lot Size0.11 Acres
Price / SF$364.50
Days on Market30
Property Features for 76 Greenleaf Ave
General Information
Standard status
Active
Size
2,000 SF
Total Parking Spaces
2
Lot size
0.11 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$5,911
Building Details
Building Size
2,000 SF
Year Built
1899
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Peter Pan · License #10401215383
(917) 708-9966
Source:
Elliman
Added: Jul 29
Changed: Aug 13
Last Checked: Aug 26 at 11:45AM
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 Tiger Realty
Investment Insights
Based on property information with market context.
76 Greenleaf Avenue is a detached two-family home built in 1899, situated on an oversized 50' x 100' lot. The property offers approximately 2,000 square feet of living space plus a finished basement for additional usable area.
The first-floor unit features a 3-bedroom, 1-bath layout, while the second-floor unit offers 2 bedrooms and 1 bath. Both units are currently vacant with no leases in place, which can support owner occupancy, rental income, or flexible multi-generational living.
Outside, the home includes a private driveway with parking for two vehicles and a generous backyard suitable for outdoor living and entertaining. The property is located in the heart of Port Richmond, Staten Island, just moments from Forest Avenue, with convenient access to neighborhood restaurants, shopping, supermarkets, schools, and everyday conveniences. Multiple local and express bus routes are nearby, providing commuting options throughout Staten Island and to Manhattan. The area is known for tree-lined residential streets, parks, and quick access to the Bayonne Bridge and major roadways.
The first-floor unit features a 3-bedroom, 1-bath layout, while the second-floor unit offers 2 bedrooms and 1 bath. Both units are currently vacant with no leases in place, which can support owner occupancy, rental income, or flexible multi-generational living.
Outside, the home includes a private driveway with parking for two vehicles and a generous backyard suitable for outdoor living and entertaining. The property is located in the heart of Port Richmond, Staten Island, just moments from Forest Avenue, with convenient access to neighborhood restaurants, shopping, supermarkets, schools, and everyday conveniences. Multiple local and express bus routes are nearby, providing commuting options throughout Staten Island and to Manhattan. The area is known for tree-lined residential streets, parks, and quick access to the Bayonne Bridge and major roadways.
Key Highlights
- Oversized 50' x 100' lot with detached two‑family home built in 1899
- Approximately 2,000 SF plus a finished basement
- 3‑bedroom, 1‑bath apartment on the first floor
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
$49,736
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
6.82%
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%
$994,720
$994.7K
Cap Rate 7%
$710,514
$710.5K
Cap Rate 9%
$552,622
$552.6K
Market Conditions
NOI Build-Up for 2,000 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
$74.4K $37.20/SF
− Vacancy
−$3.3K −$1.67/SF
EGI
$71.1K $35.53/SF
− OpEx
−$21.3K −$10.66/SF
NOI
$49.7K $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%
$994,720
Cap Rate 7%
$710,514
Cap Rate 9%
$552,622
Alternative Uses
Best Use
Multifamily LT 5
$710.5K
$621.7K – $828.9K
NOI $49,736 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$633.6K
$554.4K – $739.2K
NOI $44,352 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$954.3K
$835.0K – $1.11M
NOI $66,800 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,968
Businesses Nearby
Explore this area
Business Placement
Demographics for 10310, NY
26,667
Population
9,909
Households
2.7
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
14,815
Density / Sq Mi
$106,118
Median Household Income
$57,861
Median Earnings
$1,638
Median Rent
$623,300
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 - Detached two-family built in 1899 with a finished basement, two-car private driveway parking, and two vacant apartments.
Where is this duplex located?
The property is located at 76 Greenleaf Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Oversized 50' x 100' lot with detached two‑family home built in 1899; Approximately 2,000 SF plus a finished basement; 3‑bedroom, 1‑bath apartment on the first floor
