Three-Story Semi-Attached
For Sale
$880,000
Pending
187 Keating Place, Staten Island, NY 10314
SINGLE_FAMILY - Colonial - Staten Island, NY
Property Size2,200 SF
Lot Size0.07 Acres
Days on Market378
Property Features for 187 Keating Place
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 3
Parking features
Off Street, Carport
Patio and Porch features
Deck, Patio
Interior features
Walk-In Closet(s)
Exterior features
Gas Grill
Fencing
Fenced
Basement
Full, Finished
Appliances
Dishwasher, Microwave, Refrigerator
Lot features
Back Yard
Subdivision
Heartland Village
Standard status
Pending
APN
02376-0008
Size
2,200 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
7142
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
1983
Floors in Building
3
Building materials
Aluminum Siding, Stone
Architectural style
Colonial
Listing Agency:
Hometime Estates LLC
(718) 524-0400
Listed By:
Amdije "Amy" Ballanca · License #10401364333
(917) 751-5921
Added: Aug 29, 2025
Changed: Aug 2
Last Checked: Sep 10 at 6:06AM
MLS# 2505049
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 three-story semi-attached home offers an expansive interior layout with oversized rooms and a built-in garage. On the main level, you’ll find a hallway and closet, stairs to a bright formal dining area, a spacious living room with a sliding door to a patio, and a powder room. The eat-in kitchen includes appliances and connects to a large wooden deck overlooking the backyard. The third level has three bedrooms with closets throughout, along with one full bathroom. The finished basement includes a 3/4 bath and two rooms, and the home also features a side entrance with an additional full bathroom, a living room, and a bonus room. Central AC and forced heat are included. Property is being sold in as-is condition.
The home is located near schools, shopping, restaurants, and bus service to Brooklyn and Manhattan. Staten Island Mall is described as walking distance away.
Zoned R3-2, the property includes a private driveway and plenty of off-street parking.
The home is located near schools, shopping, restaurants, and bus service to Brooklyn and Manhattan. Staten Island Mall is described as walking distance away.
Zoned R3-2, the property includes a private driveway and plenty of off-street parking.
Key Highlights
- Three‑story home with 2,554 SF of living space and an oversized room layout
- Central air conditioning and forced‑air natural gas heating
- Includes a built‑in garage plus off‑street parking and a carport
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
$55,641
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
6.32%
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%
$1,112,820
$1.1M
Cap Rate 7%
$794,871
$794.9K
Cap Rate 9%
$618,233
$618.2K
Market Conditions
NOI Build-Up for 2,200 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
$105.6K $48.00/SF
− Vacancy
−$4.4K −$2.02/SF
EGI
$101.2K $45.98/SF
− OpEx
−$45.5K −$20.69/SF
NOI
$55.6K $25.29/SF
Area
ZIP 10314
Vacancy
4.20%
Lease Rate
$48.00 /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%
$1,112,820
Cap Rate 7%
$794,871
Cap Rate 9%
$618,233
Alternative Uses
Best Use
Apartment 5plus
$794.9K
$695.5K – $927.4K
NOI $55,641 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$918.5K – $1.22M
NOI $73,480 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
770
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
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Frequently Asked Questions
What type of property is this?
Single family property - Three-story semi-attached residence with built-in garage, central AC, and forced heat, sold in as-is condition.
Where is this single family property located?
The property is located at 187 Keating Place Staten Island, NY.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Three‑story home with 2,554 SF of living space and an oversized room layout; Central air conditioning and forced‑air natural gas heating; Includes a built‑in garage plus off‑street parking and a carport
