Detached Two-Family
For Sale
$729,000
187 Van Buren Street, Staten Island, NY 10301
Residential Income, Staten Island, NY
Property Size2,277 SF
Lot Size0.05 Acres
Price / SF$320.16
Days on Market122
Property Features for 187 Van Buren Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
M3-1
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 5
Parking features
Off Street, On Street
Patio and Porch features
Deck, Patio
Fencing
Fenced
Basement
Full, Unfinished
Lot features
Front Yard, Back Yard
Subdivision
New Brighton
Standard status
Active
APN
00067-0183
Size
2,277 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5232
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
John Roda · License #10401269689
(718) 442-1960
Added: May 20
Changed: Sep 16
Last Checked: Sep 18 at 2:06AM
MLS# 2602856
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 two-family Colonial was built in 1930 and contains 2,277 square feet on a 0.0459-acre lot. The unit mix includes one two-bedroom, one-bath residence and one three-bedroom, one-bath residence. Vinyl siding, hot-water heating, natural gas service, a deck, patio, and fencing are among the property’s physical features.
Parking is available both on site and along the street. The property is served by public sewer and carries M3-1 zoning. Its address is 187 Van Buren Street in Staten Island, within Richmond County, New York.
Parking is available both on site and along the street. The property is served by public sewer and carries M3-1 zoning. Its address is 187 Van Buren Street in Staten Island, within Richmond County, New York.
Key Highlights
- Two‑family property with one 2‑bedroom, 1‑bath unit and one 3‑bedroom, 1‑bath unit
- 2,277 square feet on a 0.0459‑acre lot
- Detached Colonial built in 1930
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
$56,625
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
7.77%
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%
$1,132,500
$1.1M
Cap Rate 7%
$808,929
$808.9K
Cap Rate 9%
$629,167
$629.2K
Market Conditions
NOI Build-Up for 2,277 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
$84.7K $37.20/SF
− Vacancy
−$3.8K −$1.67/SF
EGI
$80.9K $35.53/SF
− OpEx
−$24.3K −$10.66/SF
NOI
$56.6K $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 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%
$1,132,500
Cap Rate 7%
$808,929
Cap Rate 9%
$629,167
Alternative Uses
Best Use
Multifamily LT 5
$808.9K
$707.8K – $943.8K
NOI $56,625 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$721.4K
$631.2K – $841.6K
NOI $50,495 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$1.09M
$950.7K – $1.27M
NOI $76,052 @ 7.0% cap · market cap 10.43%
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
638
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-unit Colonial home with a two-bedroom and three-bedroom layout, outdoor space, and both off-street and on-street parking.
Where is this duplex located?
The property is located at 187 Van Buren Street Staten Island, NY.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Two‑family property with one 2‑bedroom, 1‑bath unit and one 3‑bedroom, 1‑bath unit; 2,277 square feet on a 0.0459‑acre lot; Detached Colonial built in 1930
