Two-Family Ranch with Saltwater
For Sale
$1,099,900
Pending
201 Arlene Street, Staten Island, NY 10314
MULTI_FAMILY - Ranch - Staten Island, NY
Property Size2,916 SF
Lot Size0.10 Acres
Days on Market95
Property Features for 201 Arlene Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1
Parking features
Carport
Basement
Unfinished
Lot features
Front Yard, Back Yard
Subdivision
Bulls Head
Standard status
Pending
Size
2,916 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
7376
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
saltwater above-ground pool
Building Details
Year built
1970
Floors in Building
2
Number of units
2
Building materials
Stone, Stucco
Architectural style
Ranch
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Gennady Gary Papirov · License #0566464
(917) 856-2012
Added: May 26
Changed: Aug 2
Last Checked: Aug 28 at 8:06AM
MLS# 2602915
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.
Welcome to 201 Arlene Street, a ranch-style two-family home offering a practical split between a main 3-bedroom unit and a renovated side 1-bedroom apartment. The main unit includes two fully renovated bathrooms, a bright and open layout, and a large family room on the first floor with direct access to the backyard, plus additional basement space for recreation, storage, or extended living. The side apartment is a fully renovated 1-bedroom unit with its own basement area.
Updates include an exterior roof replacement in 2019 with plywood replaced, updated kitchens and bathrooms, a paved driveway, and a finished backyard featuring a saltwater above-ground pool. Constructed in 1970 with stone and stucco materials, the home is served by forced-air natural gas heating, central air conditioning, public sewer, and a carport. The lot size is 0.0964 acres and the property size is 2,916 square feet.
Conveniently located near shopping, schools, parks, houses of worship, restaurants, highway access, and public transportation.
Updates include an exterior roof replacement in 2019 with plywood replaced, updated kitchens and bathrooms, a paved driveway, and a finished backyard featuring a saltwater above-ground pool. Constructed in 1970 with stone and stucco materials, the home is served by forced-air natural gas heating, central air conditioning, public sewer, and a carport. The lot size is 0.0964 acres and the property size is 2,916 square feet.
Conveniently located near shopping, schools, parks, houses of worship, restaurants, highway access, and public transportation.
Key Highlights
- Two‑family ranch home with main 3‑bedroom unit plus renovated side 1‑bedroom apartment
- 0.0964‑acre lot and 2,916 SF total size
- Saltwater above‑ground pool in a finished backyard
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
$79,533
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%
$1,590,660
$1.6M
Cap Rate 7%
$1,136,186
$1.1M
Cap Rate 9%
$883,700
$883.7K
Market Conditions
NOI Build-Up for 2,916 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
$119.0K $40.80/SF
− Vacancy
−$5.4K −$1.84/SF
EGI
$113.6K $38.96/SF
− OpEx
−$34.1K −$11.69/SF
NOI
$79.5K $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%
$1,590,660
Cap Rate 7%
$1,136,186
Cap Rate 9%
$883,700
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$994.2K – $1.33M
NOI $79,533 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$1.05M
$921.9K – $1.23M
NOI $73,749 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,395 @ 7.0% cap · market cap 8.85%
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
1,030
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 - R3X zoned two-family ranch with central air, natural gas heat, carport, and saltwater above-ground pool.
Where is this duplex located?
The property is located at 201 Arlene Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: Two‑family ranch home with main 3‑bedroom unit plus renovated side 1‑bedroom apartment; 0.0964‑acre lot and 2,916 SF total size; Saltwater above‑ground pool in a finished backyard
