Detached Two-Family
For Sale
$1,199,000
Pending
190 Manhattan Street, Staten Island, NY 10307
Residential Income, Staten Island, NY
Property Size3,488 SF
Lot Size0.09 Acres
Days on Market161
Property Features for 190 Manhattan Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 2
Parking features
On Street, Carport, Driveway
Patio and Porch features
Deck, Patio
Pool private
1
Fencing
Fenced
Basement
Full, Apartment
Lot features
Front Yard, Back Yard
Subdivision
Tottenville
Standard status
Pending
APN
07891-0026
Size
3,488 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
12017
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Amenities
pool
Building Details
Year built
2002
Floors in Building
2
Number of units
2
Building materials
Brick, Stucco, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Berkshire Hathaway HomeService Cangiano Estates
(718) 605-5800
Listed By:
Traci A Cangiano
(917) 468-7991
Added: Apr 15
Changed: Sep 13
Last Checked: Sep 22 at 12:06AM
MLS# 2601984
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.
Built in 2002, this detached Colonial provides 3,488 square feet across a two-family configuration. The primary residence includes a combined living and dining area, eat-in kitchen, family room with gas fireplace, three bedrooms, updated bathrooms, a second-floor laundry room, hardwood flooring, central air, and baseboard heat. The finished lower level adds a two-bedroom apartment with its own kitchen, bathroom, laundry room, and living area.
The 0.0918-acre property includes a fenced backyard with landscaping, deck and patio areas, stamped concrete, and an 8-by-14-foot in-ground pool. Parking is provided by a carport, driveway, and on-street spaces. The property is located in Tottenville near Hylan Boulevard transportation and shopping, with public sewer service and R3X zoning.
The 0.0918-acre property includes a fenced backyard with landscaping, deck and patio areas, stamped concrete, and an 8-by-14-foot in-ground pool. Parking is provided by a carport, driveway, and on-street spaces. The property is located in Tottenville near Hylan Boulevard transportation and shopping, with public sewer service and R3X zoning.
Key Highlights
- 3,488‑square‑foot detached two‑family property built in 2002
- Finished lower‑level 2‑bedroom apartment with kitchen, bathroom, laundry room, and living area
- 8x14 inground pool with fenced, landscaped backyard and stamped concrete
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
$86,740
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
7.23%
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%
$1,734,800
$1.7M
Cap Rate 7%
$1,239,143
$1.2M
Cap Rate 9%
$963,778
$963.8K
Market Conditions
NOI Build-Up for 3,488 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
$129.8K $37.20/SF
− Vacancy
−$5.8K −$1.67/SF
EGI
$123.9K $35.53/SF
− OpEx
−$37.2K −$10.66/SF
NOI
$86.7K $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%
$1,734,800
Cap Rate 7%
$1,239,143
Cap Rate 9%
$963,778
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.45M
NOI $86,740 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$1.11M
$966.9K – $1.29M
NOI $77,350 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,500 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
Explore this area
Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
Median Home Value
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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 - R3X-zoned property with a finished two-bedroom apartment, private yard, and in-ground pool.
Where is this duplex located?
The property is located at 190 Manhattan Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 3,488‑square‑foot detached two‑family property built in 2002; Finished lower‑level 2‑bedroom apartment with kitchen, bathroom, laundry room, and living area; 8x14 inground pool with fenced, landscaped backyard and stamped concrete
