Four-Bedroom
For Sale
Contact for pricing
Pending
16 Cranberry Court, Staten Island, NY 10309
Semi-attached two-family residence with separate living areas, kitchens, and flexible household or rental use.
Property Size1,350 SF
Days on Market542
Property Features for 16 Cranberry Court
General Information
Standard status
Pending
Size
1,350 SF
Property subtype
Multifamily
Zoning
R3-X
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
3BR, 1BR
Multifamily Units
2
Building Details
Year Built
2002
Stories
2
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Bryant Herreros · License #10401344633
Source:
Crexi
Added: May 5, 2025
Changed: Oct 26
Last Checked: Oct 28 at 6:42AM
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.
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Investment Insights
Based on property information with market context.
This semi-attached duplex is configured as a two-family residence with four bedrooms across separate units. The first unit includes a living room, kitchen, and three bedrooms, while the second provides its own kitchen, living area, and one bedroom. The layout also includes bright living spaces, modern finishes, and storage areas. Built in 2002, the property is zoned R3-X.
The residence is located in Pleasant Plains on Staten Island’s South Shore, near public transportation, shopping centers, dining, and essential services. Access to the Staten Island Expressway supports travel to other parts of Staten Island and beyond. The separate-unit arrangement accommodates extended-family living or rental use within a single residential property.
The residence is located in Pleasant Plains on Staten Island’s South Shore, near public transportation, shopping centers, dining, and essential services. Access to the Staten Island Expressway supports travel to other parts of Staten Island and beyond. The separate-unit arrangement accommodates extended-family living or rental use within a single residential property.
Key Highlights
- Two‑family semi‑attached duplex with four bedrooms
- Separate kitchens and living areas for each unit
- First unit includes three bedrooms; second unit includes one bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,572
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,440
$671.4K
Cap Rate 7%
$479,600
$479.6K
Cap Rate 9%
$373,022
$373.0K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$50.2K $37.20/SF
− Vacancy
−$2.3K −$1.67/SF
EGI
$48.0K $35.53/SF
− OpEx
−$14.4K −$10.66/SF
NOI
$33.6K $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 Rate 5%
$671,440
Cap Rate 7%
$479,600
Cap Rate 9%
$373,022
Alternative Uses
Best Use
Multifamily LT 5
$479.6K
$419.7K – $559.5K
NOI $33,572 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$427.7K
$374.2K – $499.0K
NOI $29,938 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$644.1K
$563.6K – $751.5K
NOI $45,090 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Semi-attached two-family residence with separate living areas, kitchens, and flexible household or rental use.
Where is this duplex located?
The property is located at 16 Cranberry Court Staten Island, NY.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Two‑family semi‑attached duplex with four bedrooms; Separate kitchens and living areas for each unit; First unit includes three bedrooms; second unit includes one bedroom
