Two-Family High Ranch with
For Sale
$1,100,000
Pending
15 Brunswick Street, Staten Island, NY 10314
MULTI_FAMILY - Ranch - Staten Island, NY
Property Size2,600 SF
Lot Size0.09 Acres
Days on Market68
Property Features for 15 Brunswick Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Assigned, Off Street
Patio and Porch features
Patio, Deck
Pool private
1
Interior features
Ceiling Fan(s)
Fencing
Fenced
Lot features
Back Yard
Subdivision
New Springville
Standard status
Pending
Size
2,600 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
7708
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Amenities
sunken living room
formal dining room
upgraded kitchen
above-ground pool
Trex deck
paver patio
retractable awning
private side entrance
Building Details
Year built
1970
Floors in Building
2
Number of units
2
Building materials
Asbestos, Stone, Vinyl Siding
Architectural style
Ranch
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Stephanie Orefice · License #10401287094
(718) 987-7900
Added: Jun 18
Changed: Aug 2
Last Checked: Aug 24 at 7:06PM
MLS# 2603458
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 two-family high ranch built in 1970 offers flexible living and separate space for extended family or guests. The main residence features three bedrooms and three bathrooms, including a sunken living room, formal dining room, and an upgraded kitchen. The primary suite includes a private 3/4 bath, and the other two bedrooms have hardwood floors. The lower level provides a large family room with new vinyl flooring, a half bath, a utility room, and ample storage, with sliders leading to the backyard.
The separate one-bedroom apartment includes an updated kitchen, a full bath, and a private side entrance. Outdoor living is highlighted by a fenced backyard with an above-ground pool, a newly installed Trex deck, paver patio, and a retractable awning.
Additional details include natural gas forced-air heat, public sewer, assigned off-street parking, ceiling fan(s), and patio and deck amenities. Zoning is R3X on a 0.0941-acre lot.
The separate one-bedroom apartment includes an updated kitchen, a full bath, and a private side entrance. Outdoor living is highlighted by a fenced backyard with an above-ground pool, a newly installed Trex deck, paver patio, and a retractable awning.
Additional details include natural gas forced-air heat, public sewer, assigned off-street parking, ceiling fan(s), and patio and deck amenities. Zoning is R3X on a 0.0941-acre lot.
Key Highlights
- Two‑family high ranch built in 1970 with a separate one‑bedroom apartment
- Main residence has 3 bedrooms and 3 bathrooms, plus a sunken living room and formal dining room
- Above‑ground pool with newly installed Trex deck, paver patio, and retractable awning
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
Multi-tenant
Tenancy
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 - Two-family high ranch with an above-ground pool, Trex deck, and private side entrance for the one-bedroom apartment.
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: Two‑family high ranch built in 1970 with a separate one‑bedroom apartment; Main residence has 3 bedrooms and 3 bathrooms, plus a sunken living room and formal dining room; Above‑ground pool with newly installed Trex deck, paver patio, and retractable awning
