Detached Two-Family
For Sale
$799,000
190 Hope Avenue, Staten Island, NY 10305
MULTI_FAMILY - Staten Island, NY
Property Size1,392 SF
Lot Size0.10 Acres
Price / SF$573.99
Days on Market113
Property Features for 190 Hope Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3A
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Basement
Finished
Subdivision
Rosebank
Standard status
Active
Size
1,392 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
6594
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Meijuan (Minnie) Lin · License #MJL6058
(718) 382-0001
Added: May 4
Changed: Aug 3
Last Checked: Aug 24 at 3:06PM
MLS# 501145
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
Detached two-family duplex zoned R3A featuring hardwood flooring throughout. The first-floor unit offers a spacious 20'x40' layout with 1 bedroom and 1 full bathroom. The second-floor unit spans 20'x32' with 2 bedrooms and 1 full bathroom. A fully finished basement with a separate entrance adds additional space, complemented by a private driveway for parking.
Set on a 0.0955-acre lot, the home was built in 1925 and totals 1,392 square feet.
Conveniently located near major highways and just minutes to the Verrazano Bridge, with shopping and dining nearby.
Set on a 0.0955-acre lot, the home was built in 1925 and totals 1,392 square feet.
Conveniently located near major highways and just minutes to the Verrazano Bridge, with shopping and dining nearby.
Key Highlights
- Fully detached two‑family duplex with private driveway parking
- Zoned R3A
- First‑floor unit: 20'x40' with 1 bedroom and 1 full bathroom
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
$36,547
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
4.57%
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%
$730,940
$730.9K
Cap Rate 7%
$522,100
$522.1K
Cap Rate 9%
$406,078
$406.1K
Market Conditions
NOI Build-Up for 1,392 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
$56.8K $40.80/SF
− Vacancy
−$4.6K −$3.29/SF
EGI
$52.2K $37.51/SF
− OpEx
−$15.7K −$11.25/SF
NOI
$36.5K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
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%
$730,940
Cap Rate 7%
$522,100
Cap Rate 9%
$406,078
Alternative Uses
Best Use
Multifamily LT 5
$522.1K
$456.8K – $609.1K
NOI $36,547 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$480.4K
$420.3K – $560.4K
NOI $33,625 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$664.2K
$581.2K – $774.9K
NOI $46,493 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Detached two-family duplex zoned R3A with hardwood floors, private driveway parking, and a fully finished basement with a separate entrance.
Where is this duplex located?
The property is located at 190 Hope Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fully detached two‑family duplex with private driveway parking; Zoned R3A; First‑floor unit: 20'x40' with 1 bedroom and 1 full bathroom
