New Construction Two-Family
For Sale
Contact for pricing
219 Barnard Avenue, Staten Island, NY 10307
Stunning new construction two-family home with modern finishes.
Property Size3,100 SF
Price / SF$402.90
Days on Market115
Property Features for 219 Barnard Avenue
General Information
Standard status
Active
Size
3,100 SF
Property subtype
Multifamily
Zoning
R3--2
Building Details
Year Built
2026
Stories
2
Units
2
Listing Agency:
Robert Defalco Realty
Listed By:
Laura Vallone · License #40VA0759232
(917) 880-7818
Source:
Crexi
Added: May 13
Changed: Aug 17
Last Checked: Aug 31 at 2:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Robert Defalco Realty
Investment Insights
Based on property information with market context.
This detached two-family new construction home features quality craftsmanship and modern finishes. The exterior offers curb appeal with a Cambridge roof shingle system, brick front with vinyl siding, a concrete entrance and walkway, maintenance-free aluminum railings, and aluminum gutters and downspouts. The interior provides spacious living with oak flooring and custom stain finishes. Pella windows provide natural light. A dedicated main laundry room includes washer and dryer hookups. The home is equipped with central air and efficient heating systems. Additional exterior features include hose bibs. The property offers an opportunity for multi-family living or investment potential. The property size is 3100 square feet.
Key Highlights
- New construction, detached two‑family home.
- High‑quality construction with Cambridge roof shingles, brick front, and Pella windows.
- Modern finishes with oak flooring and custom stain.
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
$77,091
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
6.17%
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%
$1,541,820
$1.5M
Cap Rate 7%
$1,101,300
$1.1M
Cap Rate 9%
$856,567
$856.6K
Market Conditions
NOI Build-Up for 3,100 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
$115.3K $37.20/SF
− Vacancy
−$5.2K −$1.67/SF
EGI
$110.1K $35.53/SF
− OpEx
−$33.0K −$10.66/SF
NOI
$77.1K $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%
$1,541,820
Cap Rate 7%
$1,101,300
Cap Rate 9%
$856,567
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$963.6K – $1.28M
NOI $77,091 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$982.1K
$859.3K – $1.15M
NOI $68,746 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$1.48M
$1.29M – $1.73M
NOI $103,541 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
840
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
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 - Stunning new construction two-family home with modern finishes.
Where is this duplex located?
The property is located at 219 Barnard Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: New construction, detached two‑family home.; High‑quality construction with Cambridge roof shingles, brick front, and Pella windows.; Modern finishes with oak flooring and custom stain.
