New Construction
For Sale
$1,598,000
132 Hamden Avenue, Staten Island, NY 10306
Two-family new construction includes finished basement space, built-in garage, and off-street parking.
Property Size3,000 SF
Lot Size0.09 Acres
Price / SF$532.67
Days on Market28
Property Features for 132 Hamden Avenue
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.09 Acres
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,530
Amenities
designer kitchen
quartz countertops
stainless steel appliances
custom cabinetry
finished basement
built-in garage
off-street parking
Building Details
Building Size
3,000 SF
Year Built
2026
Buildings
1
Units
2
Listing Agency:
American Homes Group
(718) 981-3400
Listed By:
Ron Molcho · License #10311206568
(718) 981-3400
Source:
Maurafinnegan
Added: Aug 3
Changed: Aug 28
Last Checked: Aug 29 at 10:22AM
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 American Homes Group
Investment Insights
Based on property information with market context.
Located at 132 Hamden Avenue, this two-family residence is scheduled for October 2026 delivery. The approximately 3,000-square-foot layout includes six bedrooms, five bathrooms, and a fully finished basement that can accommodate additional living, recreation, office, or guest space. Designer kitchens feature quartz countertops, stainless steel appliances, and custom cabinetry. The property also includes a built-in garage and additional off-street parking on a 40' x 100' lot.
The home is in Grant City, moments from the Grant City Staten Island Railway Station, with rail access toward the St. George Ferry and Manhattan. As a 2026 new-construction property, the residence offers recently built systems and finishes in a two-family configuration.
The home is in Grant City, moments from the Grant City Staten Island Railway Station, with rail access toward the St. George Ferry and Manhattan. As a 2026 new-construction property, the residence offers recently built systems and finishes in a two-family configuration.
Key Highlights
- Two‑family residence with approximately 3,000 square feet of living space
- Six bedrooms and five bathrooms in a 6‑over‑6 layout
- Fully finished basement with flexible living, office, recreation, or guest‑use potential
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
$76,205
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
4.77%
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%
$1,524,100
$1.5M
Cap Rate 7%
$1,088,643
$1.1M
Cap Rate 9%
$846,722
$846.7K
Market Conditions
NOI Build-Up for 3,000 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
$115.2K $38.40/SF
− Vacancy
−$6.3K −$2.11/SF
EGI
$108.9K $36.29/SF
− OpEx
−$32.7K −$10.89/SF
NOI
$76.2K $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%
$1,524,100
Cap Rate 7%
$1,088,643
Cap Rate 9%
$846,722
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$952.6K – $1.27M
NOI $76,205 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$967.4K
$846.5K – $1.13M
NOI $67,716 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,201 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,328
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 - Two-family new construction includes finished basement space, built-in garage, and off-street parking.
Where is this duplex located?
The property is located at 132 Hamden Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,598,000.
What are key features of this property?
This property features: Two‑family residence with approximately 3,000 square feet of living space; Six bedrooms and five bathrooms in a 6‑over‑6 layout; Fully finished basement with flexible living, office, recreation, or guest‑use potential
