Detached Duplex With
New
For Sale
$1,148,000
155 Woodbine Avenue, Staten Island, NY 10314
Separate heating, electric, and laundry systems support the two residential units.
Property Size2,444 SF
Days on Market6
Property Features for 155 Woodbine Avenue
General Information
Standard status
Active
Size
2,444 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$8,538
Building Details
Building Size
2,444 SF
Year Built
1970
Listing Agency:
Anne Lopa Real Estate
Listed By:
Ann Lopa
(718) 227-1111
Source:
Wonicarealtors
Added: Sep 17
Changed: Sep 21
Last Checked: Sep 21 at 6:56AM
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 Anne Lopa Real Estate
Investment Insights
Based on property information with market context.
This detached duplex at 155 Woodbine Avenue, Staten Island, includes two residential units with separate entrances and distinct heating and electric systems. The property offers two large eat-in kitchens, updated bathrooms, living and dining areas, a family room, oak flooring, attic access, and a sliding door leading to the yard and patio. The tenant unit also has air conditioning and its own entrance. Both floors include washer and dryer hookups, while the property features a large garage, two driveways, and two hot water tanks that are 1 year old.
The property is less than 1 mile from SI College, approximately 4 miles from the Verrazano Bridge, and minutes from Highway 440, which connects to two bridges and the Outerbridge. SI Mall and a grocery store are around 3 miles away. Built in 1970, the duplex combines separate utility systems with outdoor, parking, and storage features in a residential income property configuration.
The property is less than 1 mile from SI College, approximately 4 miles from the Verrazano Bridge, and minutes from Highway 440, which connects to two bridges and the Outerbridge. SI Mall and a grocery store are around 3 miles away. Built in 1970, the duplex combines separate utility systems with outdoor, parking, and storage features in a residential income property configuration.
Key Highlights
- Detached two‑family property with a large garage and 2 driveways
- Two separate heating units and 2 electric meters
- Two large eat‑in kitchens plus living, dining, and family room areas
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
$66,660
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
5.81%
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%
$1,333,200
$1.3M
Cap Rate 7%
$952,286
$952.3K
Cap Rate 9%
$740,667
$740.7K
Market Conditions
NOI Build-Up for 2,444 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
$99.7K $40.80/SF
− Vacancy
−$4.5K −$1.84/SF
EGI
$95.2K $38.96/SF
− OpEx
−$28.6K −$11.69/SF
NOI
$66.7K $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%
$1,333,200
Cap Rate 7%
$952,286
Cap Rate 9%
$740,667
Alternative Uses
Best Use
Multifamily LT 5
$952.3K
$833.3K – $1.11M
NOI $66,660 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$883.0K
$772.7K – $1.03M
NOI $61,812 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,630 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
898
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Separate heating, electric, and laundry systems support the two residential units.
Where is this duplex located?
The property is located at 155 Woodbine Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,148,000.
What are key features of this property?
This property features: Detached two‑family property with a large garage and 2 driveways; Two separate heating units and 2 electric meters; Two large eat‑in kitchens plus living, dining, and family room areas
