Two-Family Duplex with
For Sale
$1,099,900
Pending
201 Arlene Street, Staten Island, NY 10314
Residential Income, Staten Island, NY
Property Size2,916 SF
Lot Size0.10 Acres
Days on Market99
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 1, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2
Parking features
Carport
Pool private
1
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
Natural Gas, Forced Air
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 #30PA0885250
(917) 856-2012
Added: May 26
Changed: Aug 31
Last Checked: Sep 1 at 8:06PM
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.
This 2,916-square-foot duplex, built in 1970, is arranged as a high-ranch residence with two separate living units. The primary unit offers three bedrooms, two renovated bathrooms, an open interior layout, and a first-floor family room with backyard access. The second unit contains one bedroom and has been renovated, with its own basement area. Additional basement space provides room for storage, recreation, or other household needs.
Property improvements include kitchens and bathrooms updated throughout, a roof replacement with plywood work completed in 2019, a paved driveway, carport parking, and a finished backyard with a private above-ground saltwater pool. The property uses natural gas forced-air heat, central air, and public sewer. It is located in Staten Island near shopping, schools, parks, restaurants, houses of worship, a highway, and public transportation.
Property improvements include kitchens and bathrooms updated throughout, a roof replacement with plywood work completed in 2019, a paved driveway, carport parking, and a finished backyard with a private above-ground saltwater pool. The property uses natural gas forced-air heat, central air, and public sewer. It is located in Staten Island near shopping, schools, parks, restaurants, houses of worship, a highway, and public transportation.
Key Highlights
- 2,916 SF duplex on a 0.0964‑acre lot
- Two‑family layout with a 3‑bedroom primary unit and renovated 1‑bedroom side apartment
- Primary residence includes 2 renovated bathrooms and a first‑floor family room
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
2
Residential units
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 - Two residential units include separate basement areas and a finished backyard with an 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: 2,916 SF duplex on a 0.0964‑acre lot; Two‑family layout with a 3‑bedroom primary unit and renovated 1‑bedroom side apartment; Primary residence includes 2 renovated bathrooms and a first‑floor family room
