Two-Family High Ranch
For Sale
Contact for pricing
Pending
15 Brunswick Street, Staten Island, NY 10314
Spacious two-family high ranch with updated kitchens, private side entrance, and backyard with pool and Trex deck.
Property Size2,600 SF
Days on Market68
Property Features for 15 Brunswick Street
General Information
Standard status
Pending
Size
2,600 SF
Property subtype
Multifamily
Zoning
R3X
Additional Details
Multifamily Units
2
Building Details
Year Built
1970
Stories
2
Units
2
Listing Agency:
Robert DeFalco Realty, Inc.
(732) 576-8200
Listed By:
Stephanie Orefice · License #10401287094
Source:
Crexi
Added: Jun 19
Changed: Aug 8
Last Checked: Jul 24 at 12:46PM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
This spacious, beautifully maintained two-family high ranch offers flexible living across two separate units. The main residence features three generously sized bedrooms and three bathrooms, including a sunken living room, a formal dining room, and an upgraded kitchen. The primary suite includes its own private half bath, and the other bedrooms have hardwood floors. On the lower level, a large family room with new vinyl flooring includes sliders to the backyard, along with a half bath, a utility room, and ample storage.
The second unit is a separate one-bedroom apartment with an updated kitchen, a full bath, and a private side entrance. The outdoor space is designed for comfort and entertaining, with an above-ground pool, a newly installed Trex deck, a paver patio, and a retractable awning.
Located in Staten Island with easy access to Staten Island Mall, local and express transportation, shopping, dining, and parks, the property can work well for an owner-occupant seeking separation and privacy, or for anyone looking for a home that supports distinct living arrangements with independent entry access.
The second unit is a separate one-bedroom apartment with an updated kitchen, a full bath, and a private side entrance. The outdoor space is designed for comfort and entertaining, with an above-ground pool, a newly installed Trex deck, a paver patio, and a retractable awning.
Located in Staten Island with easy access to Staten Island Mall, local and express transportation, shopping, dining, and parks, the property can work well for an owner-occupant seeking separation and privacy, or for anyone looking for a home that supports distinct living arrangements with independent entry access.
Key Highlights
- 1970‑built two‑family high ranch with main home plus a separate one‑bedroom apartment
- Main residence features 3 bedrooms and 3 bathrooms, including a primary suite with private 1/2 bath
- Lower level includes a large family room with new vinyl flooring, half bath, sliders to the backyard, and a utility room with ample storage
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
$70,914
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
6.45%
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%
$1,418,280
$1.4M
Cap Rate 7%
$1,013,057
$1.0M
Cap Rate 9%
$787,933
$787.9K
Market Conditions
NOI Build-Up for 2,600 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
$106.1K $40.80/SF
− Vacancy
−$4.8K −$1.84/SF
EGI
$101.3K $38.96/SF
− OpEx
−$30.4K −$11.69/SF
NOI
$70.9K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /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%
$1,418,280
Cap Rate 7%
$1,013,057
Cap Rate 9%
$787,933
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$886.4K – $1.18M
NOI $70,914 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$939.4K
$822.0K – $1.10M
NOI $65,757 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,841 @ 7.0% cap · market cap 7.89%
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
1,294
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
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 - Spacious two-family high ranch with updated kitchens, private side entrance, and backyard with pool and Trex deck.
Where is this duplex located?
The property is located at 15 Brunswick Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1970‑built two‑family high ranch with main home plus a separate one‑bedroom apartment; Main residence features 3 bedrooms and 3 bathrooms, including a primary suite with private 1/2 bath; Lower level includes a large family room with new vinyl flooring, half bath, sliders to the backyard, and a utility room with ample storage
