Detached Victorian
New
For Sale
$788,000
170 Castleton Avenue, Staten Island, NY 10301
Residential Income, Staten Island, NY
Property Size3,042 SF
Lot Size0.16 Acres
Price / SF$259.04
Days on Market2
Property Features for 170 Castleton Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3A
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 3
Parking features
Driveway
Patio and Porch features
Patio
Interior features
Ceiling Fan(s)
Basement
Full, Unfinished
Lot features
Back Yard
Subdivision
Tompkinsville
Standard status
Active
APN
0001140024
Size
3,042 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
6824
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Building Details
Year built
1901
Floors in Building
2
Number of units
2
Building materials
Stucco
Architectural style
Victorian
Listing Agency:
Prime Time Real Estate, Inc.
(718) 980-3000
Listed By:
LeeAnn Vecchione
(718) 664-4105
Added: Sep 17
Last Checked: Sep 18 at 12:06AM
MLS# 2605280
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 detached Victorian duplex was built in 1901 and contains 3,042 square feet across two apartments, configured as a three-bedroom unit over a two-bedroom unit. The property sits on a 0.1554-acre lot and includes a basement, driveway parking, and a patio. Stucco construction, ceiling fans, hot-water heating, and natural gas service are among the recorded features.
Located on Castleton Avenue in Staten Island’s North Shore area, the property is described as being near transportation and all three Staten Island Bridges. Public sewer service is in place, and the property carries R3A zoning.
Located on Castleton Avenue in Staten Island’s North Shore area, the property is described as being near transportation and all three Staten Island Bridges. Public sewer service is in place, and the property carries R3A zoning.
Key Highlights
- Two‑apartment layout with three bedrooms over two bedrooms
- 3,042 square feet on a 0.1554‑acre lot
- Detached Victorian‑style residence built in 1901
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
$67,459
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
8.56%
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%
$1,349,180
$1.3M
Cap Rate 7%
$963,700
$963.7K
Cap Rate 9%
$749,544
$749.5K
Market Conditions
NOI Build-Up for 3,042 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
$127.8K $42.00/SF
− Vacancy
−$5.1K −$1.68/SF
EGI
$122.7K $40.32/SF
− OpEx
−$55.2K −$18.14/SF
NOI
$67.5K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
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%
$1,349,180
Cap Rate 7%
$963,700
Cap Rate 9%
$749,544
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$945.6K – $1.26M
NOI $75,649 @ 7.0% cap · market cap 9.60%
Second Best
Apartment 5plus
$963.7K
$843.2K – $1.12M
NOI $67,459 @ 7.0% cap · market cap 8.56%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,603 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
948
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
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 - Two-apartment residence with a basement, driveway parking, patio, and public sewer service.
Where is this duplex located?
The property is located at 170 Castleton Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $788,000.
What are key features of this property?
This property features: Two‑apartment layout with three bedrooms over two bedrooms; 3,042 square feet on a 0.1554‑acre lot; Detached Victorian‑style residence built in 1901
