Detached Two-Family
For Sale
$1,148,000
155 Woodbine Avenue, Staten Island, NY 10314
Residential, Staten Island, NY
Property Size1,222 SF
Lot Size0.09 Acres
Price / SF$939.44
Days on Market11
Property Features for 155 Woodbine Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3xc
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Parking features
Garage
Interior features
Central Air, Dishwasher, Laundry Area, Microwave, Refrigerator, Stove, Washer
Subdivision
Westerleigh
Standard status
Active
Size
1,222 SF
Lot size
0.09 Acres
Building Details
Year built
1970
Flooring type
Hardwood
Building materials
Brick, Wood Frame
Roof type
Shingle
Listing Agency:
Anne Lopa Real Estate
(718) 227-1111
Listed By:
Ann Lopa
(917) 364-4755
Added: Sep 21
Changed: Sep 25
Last Checked: Oct 1 at 5:06PM
MLS# 504763
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 detached two-family duplex contains 1,222 square feet on a 0.0918-acre lot. The property has two eat-in kitchens, two bathrooms, hardwood flooring, and a family room. A separate entrance serves the tenant residence, and the building has two heating systems and two electric meters. Laundry connections are available for both residences. The property also includes a garage, two driveways, a yard, and a patio. Two hot water tanks were installed one year ago.
Zoned R3xc, the home is near Staten Island College, the Verrazano Bridge, Highway 440, Staten Island Mall, and a grocery store. Highway 440 provides routes toward two bridges and the Outerbridge. Built in 1970, the building is constructed of brick and wood frame and has a shingle roof.
Zoned R3xc, the home is near Staten Island College, the Verrazano Bridge, Highway 440, Staten Island Mall, and a grocery store. Highway 440 provides routes toward two bridges and the Outerbridge. Built in 1970, the building is constructed of brick and wood frame and has a shingle roof.
Key Highlights
- Detached two‑family building with 1,222 square feet of property size
- 0.0918‑acre lot, zoned R3xc
- Two eat‑in kitchens and two bathrooms
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
$33,330
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
2.90%
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%
$666,600
$666.6K
Cap Rate 7%
$476,143
$476.1K
Cap Rate 9%
$370,333
$370.3K
Market Conditions
NOI Build-Up for 1,222 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
$49.9K $40.80/SF
− Vacancy
−$2.2K −$1.84/SF
EGI
$47.6K $38.96/SF
− OpEx
−$14.3K −$11.69/SF
NOI
$33.3K $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%
$666,600
Cap Rate 7%
$476,143
Cap Rate 9%
$370,333
Alternative Uses
Best Use
Multifamily LT 5
$476.1K
$416.6K – $555.5K
NOI $33,330 @ 7.0% cap · market cap 2.90%
Second Best
Apartment 5plus
$441.5K
$386.3K – $515.1K
NOI $30,906 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$583.1K
$510.2K – $680.3K
NOI $40,815 @ 7.0% cap · market cap 3.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
926
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances, heating systems, and electric meters support distinct occupancy for each residence.
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 building with 1,222 square feet of property size; 0.0918‑acre lot, zoned R3xc; Two eat‑in kitchens and two bathrooms
