Duplex with In-Ground
For Sale
$965,000
184 Slosson Avenue, Staten Island, NY 10314
Two-family residence with separate apartments, private outdoor space, and flexible storage areas.
Property Size1,800 SF
Days on Market8
Property Features for 184 Slosson Avenue
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
6
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,341
Amenities
in-ground swimming pool
central air
paver patio
large shed
full unfinished basement
full attic
Building Details
Building Size
1,800 SF
Year Built
1965
Buildings
1
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Jessica Lobaito
Source:
Wonicarealtors
Added: Aug 18
Changed: Aug 21
Last Checked: Aug 24 at 12:43PM
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.
Investment Insights
Based on property information with market context.
This detached duplex, built in 1965, contains two three-bedroom apartments arranged in six-room layouts. Both units include full bathrooms, eat-in kitchens, stainless steel appliances, granite countertops, wood flooring, and central air. The first floor has a recently renovated kitchen and bathroom. A full unfinished basement with a private side entrance and a full attic provide additional storage and flexibility.
Outdoor features include an in-ground swimming pool, paver patio, backyard shed, and a private six-car driveway. The property also offers easy street parking. Public transportation and expressway access are nearby, with local and express bus service to New York City within walking distance. Shopping, dining, schools, and neighborhood amenities are also close by, and the property borders the Royal Oak neighborhood near Clove Lake Park.
Outdoor features include an in-ground swimming pool, paver patio, backyard shed, and a private six-car driveway. The property also offers easy street parking. Public transportation and expressway access are nearby, with local and express bus service to New York City within walking distance. Shopping, dining, schools, and neighborhood amenities are also close by, and the property borders the Royal Oak neighborhood near Clove Lake Park.
Key Highlights
- Two‑family detached duplex with two three‑bedroom apartments
- Six‑room layout in each apartment
- First‑floor kitchen and bathroom recently renovated
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
$49,095
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
5.09%
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%
$981,900
$981.9K
Cap Rate 7%
$701,357
$701.4K
Cap Rate 9%
$545,500
$545.5K
Market Conditions
NOI Build-Up for 1,800 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
$73.4K $40.80/SF
− Vacancy
−$3.3K −$1.84/SF
EGI
$70.1K $38.96/SF
− OpEx
−$21.0K −$11.69/SF
NOI
$49.1K $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%
$981,900
Cap Rate 7%
$701,357
Cap Rate 9%
$545,500
Alternative Uses
Best Use
Multifamily LT 5
$701.4K
$613.7K – $818.3K
NOI $49,095 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$650.3K
$569.1K – $758.7K
NOI $45,524 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$858.9K
$751.5K – $1.00M
NOI $60,120 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,142
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence with separate apartments, private outdoor space, and flexible storage areas.
Where is this duplex located?
The property is located at 184 Slosson Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Two‑family detached duplex with two three‑bedroom apartments; Six‑room layout in each apartment; First‑floor kitchen and bathroom recently renovated
