Two-Family Home with
New
For Sale
$775,000
15 Rachel Court, Staten Island, NY 10310
Residential, Staten Island, NY
Property Size1,930 SF
Lot Size0.09 Acres
Price / SF$401.55
Days on Market4
Property Features for 15 Rachel Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3X
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3
Parking features
Carport
Patio and Porch features
Deck
Interior features
A/C Unit, Central Air, Deck, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
Basement
Partial, Finished
Subdivision
West Brighton
Standard status
Active
Size
1,930 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
7930
Amenities
basement
backyard
carport
Building Details
Year built
2001
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Carpet, Parquet Wood
Roof type
Shingle
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Thanh H. Cantone
(718) 612-3088
Added: Aug 25
Changed: Aug 27
Last Checked: Aug 28 at 6:06AM
MLS# 504035
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 residence, built in 2001, includes a three-bedroom main home and a separate apartment. The property also offers a basement for storage, a deck, central air, and a carport. Interior finishes include hardwood, parquet wood, and carpet flooring, with a kitchen equipped with a dishwasher, dryer, microwave, refrigerator, stove, and washer.
The property occupies a 0.0861-acre lot at 15 Rachel Court in Staten Island, NY 10310. R3X zoning applies. A maintained backyard provides additional outdoor space, while the front carport supports on-site vehicle parking.
The property occupies a 0.0861-acre lot at 15 Rachel Court in Staten Island, NY 10310. R3X zoning applies. A maintained backyard provides additional outdoor space, while the front carport supports on-site vehicle parking.
Key Highlights
- Two‑family configuration with a three‑bedroom main residence and separate apartment
- 0.0861‑acre lot at 15 Rachel Court, Staten Island, NY 10310
- R3X 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
$47,996
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
6.19%
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%
$959,920
$959.9K
Cap Rate 7%
$685,657
$685.7K
Cap Rate 9%
$533,289
$533.3K
Market Conditions
NOI Build-Up for 1,930 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
$71.8K $37.20/SF
− Vacancy
−$3.2K −$1.67/SF
EGI
$68.6K $35.53/SF
− OpEx
−$20.6K −$10.66/SF
NOI
$48.0K $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%
$959,920
Cap Rate 7%
$685,657
Cap Rate 9%
$533,289
Alternative Uses
Best Use
Multifamily LT 5
$685.7K
$600.0K – $799.9K
NOI $47,996 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$611.4K
$535.0K – $713.3K
NOI $42,800 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$920.9K
$805.8K – $1.07M
NOI $64,462 @ 7.0% cap · market cap 8.32%
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
1,068
Businesses Nearby
Explore this area
Business Placement
Demographics for 10310, NY
26,667
Population
9,909
Households
2.7
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
14,815
Density / Sq Mi
$106,118
Median Household Income
$57,861
Median Earnings
$1,638
Median Rent
$623,300
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 - Two-unit residence with a three-bedroom primary home, separate apartment, basement storage, and outdoor entertaining space.
Where is this duplex located?
The property is located at 15 Rachel Court Staten Island, NY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑family configuration with a three‑bedroom main residence and separate apartment; 0.0861‑acre lot at 15 Rachel Court, Staten Island, NY 10310; R3X zoning
