Colonial Duplex with Private
For Sale
$679,000
133 Corbin Avenue, Staten Island, NY 10308
Residential, Staten Island, NY
Property Size1,360 SF
Lot Size0.06 Acres
Price / SF$499.26
Days on Market85
Property Features for 133 Corbin Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1
Parking features
Carport
Patio and Porch features
Deck
Interior features
Walk-In Closet(s)
Basement
Finished
Appliances
Microwave, Refrigerator
Lot features
Back Yard
Subdivision
Great Kills
Standard status
Active
Size
1,360 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
2999
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1975
Floors in Building
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Prime Time Real Estate, Inc.
(718) 980-3000
Listed By:
LeeAnn Vecchione
(718) 664-4105
Added: Jun 1
Changed: Aug 21
Last Checked: Aug 24 at 11:06PM
MLS# 2603048
Copyright © 2026 Staten Island Board of Realtors. 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.
This Colonial-style duplex, built in 1975, contains 1,360 square feet and includes three bedrooms, one full bathroom, and one half bathroom. The interior features an updated kitchen, hardwood flooring, generous storage, and a walk-in closet. A microwave and refrigerator are included, while central air conditioning and forced-air natural gas heat provide year-round climate control. Vinyl siding and a carport are among the exterior features, with a deck extending the usable outdoor area.
The property is located at 133 Corbin Avenue in Staten Island, NY 10308. Public sewer serves the property, and the surrounding area includes shopping, dining, schools, parks, and transportation. The 0.0557-acre lot and R3-2 zoning further define the property’s physical and land-use profile.
The property is located at 133 Corbin Avenue in Staten Island, NY 10308. Public sewer serves the property, and the surrounding area includes shopping, dining, schools, parks, and transportation. The 0.0557-acre lot and R3-2 zoning further define the property’s physical and land-use profile.
Key Highlights
- Duplex with 1,360 square feet of property size
- Three bedrooms, one full bathroom, and one half bathroom
- 0.0557‑acre lot with R3‑2 zoning
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
$33,821
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
4.98%
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%
$676,420
$676.4K
Cap Rate 7%
$483,157
$483.2K
Cap Rate 9%
$375,789
$375.8K
Market Conditions
NOI Build-Up for 1,360 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
$50.6K $37.20/SF
− Vacancy
−$2.3K −$1.67/SF
EGI
$48.3K $35.53/SF
− OpEx
−$14.5K −$10.66/SF
NOI
$33.8K $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%
$676,420
Cap Rate 7%
$483,157
Cap Rate 9%
$375,789
Alternative Uses
Best Use
Multifamily LT 5
$483.2K
$422.8K – $563.7K
NOI $33,821 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$430.8K
$377.0K – $502.7K
NOI $30,159 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$648.9K
$567.8K – $757.1K
NOI $45,424 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Updated kitchen, hardwood floors, central air, forced-air natural gas heat, and walk-in closet support comfortable everyday living.
Where is this duplex located?
The property is located at 133 Corbin Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Duplex with 1,360 square feet of property size; Three bedrooms, one full bathroom, and one half bathroom; 0.0557‑acre lot with R3‑2 zoning
