New Construction
New
For Sale
$1,349,999
14 Singleton Street, Staten Island, NY 10309
Residential Income, Staten Island, NY
Property Size2,870 SF
Lot Size0.10 Acres
Price / SF$470.38
Days on Market2
Property Features for 14 Singleton Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3-X
Bedrooms
6
Bathrooms
5
Full bathrooms
2
Rooms
Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bathroom 5, Bedroom 6, Bathroom 3, Bedroom 1
Parking features
Driveway, On Street, Off Street
Interior features
Walk-In Closet(s)
Basement
Finished, Full
Lot features
Back Yard
Subdivision
Princes Bay
Standard status
Active
APN
06675-0032
Size
2,870 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
12000
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Nicole Molinini · License #40MO1063271
(718) 987-7900
Added: Aug 24
Changed: Aug 25
Last Checked: Aug 25 at 11:06PM
MLS# 2604772
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 under-construction duplex contains 2,870 square feet arranged as two three-bedroom residences. Each home provides a living and dining combination, an eat-in kitchen with island, a full bathroom, laundry area, two additional bedrooms, and a primary suite with a three-quarter bath and walk-in closet. Hardwood flooring, quartz kitchen countertops, central air, forced-air heating, vinyl siding, and substantial closet storage are included. The full basement adds a three-quarter bathroom, utility areas, and access to the side yard; flooring is excluded from the basement finish.
Set on a 0.1033-acre parcel in Princes Bay, the property is near shopping and transportation and includes driveway, off-street, and on-street parking options. Public sewer serves the property, and zoning is R3-X. Construction is scheduled for 2026 completion.
Set on a 0.1033-acre parcel in Princes Bay, the property is near shopping and transportation and includes driveway, off-street, and on-street parking options. Public sewer serves the property, and zoning is R3-X. Construction is scheduled for 2026 completion.
Key Highlights
- 2,870 square feet configured as a two‑family duplex
- Each residence includes 3 bedrooms and a primary suite with 3/4 bath and walk‑in closet
- Full finished basement with 3/4 bath, utilities, and side‑yard access
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
$71,372
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
5.29%
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%
$1,427,440
$1.4M
Cap Rate 7%
$1,019,600
$1.0M
Cap Rate 9%
$793,022
$793.0K
Market Conditions
NOI Build-Up for 2,870 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
$106.8K $37.20/SF
− Vacancy
−$4.8K −$1.67/SF
EGI
$102.0K $35.53/SF
− OpEx
−$30.6K −$10.66/SF
NOI
$71.4K $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%
$1,427,440
Cap Rate 7%
$1,019,600
Cap Rate 9%
$793,022
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$892.2K – $1.19M
NOI $71,372 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$909.2K
$795.6K – $1.06M
NOI $63,645 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,859 @ 7.0% cap · market cap 7.10%
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
490
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
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 three-bedroom residences with finished basement space and natural-gas forced-air heating.
Where is this duplex located?
The property is located at 14 Singleton Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,349,999.
What are key features of this property?
This property features: 2,870 square feet configured as a two‑family duplex; Each residence includes 3 bedrooms and a primary suite with 3/4 bath and walk‑in closet; Full finished basement with 3/4 bath, utilities, and side‑yard access
