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Duplex with Built-In Garage and Private Driveway
For Sale
$819,000

220 Dartmouth Loop, Staten Island, NY 10306

MULTI_FAMILY - Richmond, NY

Property Size1,300 SF
Lot Size0.04 Acres
Price / SF$630
Days on Market233

Property Features for 220 Dartmouth Loop

General Information

Property type Residential Multi Family
Property subtype Other
Zoning C4
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 3
Interior features Central Air, Dryer, Microwave, Refrigerator, Stove, Washer
Subdivision New Dorp
Standard status Active
Size 1,300 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 5171

Building Details

Year built 2005
Floors in Building 3
Number of units 2
Flooring type Carpet, Laminate, Tile
Architectural style Ranch
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Allan H. Zhu · License #AHZ7089
Added: Jan 3 Changed: Aug 4 Last Checked: Aug 24 at 7:06AM
MLS# 498120

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.

Duplex property built in 2005 featuring a Ranch-style layout. The home includes central air and in-unit appliances, with interior features such as a washer and dryer, refrigerator, stove, microwave, and flexible flooring including laminate, carpet, and tile. The configuration provides two separate living setups: a 1-bedroom, 1-bath unit and a 3-bedroom, 2-bath duplex arrangement.

The property sits on a 0.0418-acre lot and is approximately 1,300 square feet. Zoning is C4, supporting a straightforward, dual-residence setup. A built-in garage and private driveway are included.

Additional rooming listed for the property includes bedrooms 1 through 4 and bathrooms 1 through 3, aligning with the two-unit configuration. The property is located in Richmond (Staten Island), with express bus service referenced via S79 and S76.

Key Highlights

  • Zoned C4 duplex with two separate living setups: 1‑bed/1‑bath plus 3‑bed/2‑bath duplex
  • Built‑in garage and private driveway
  • Built in 2005 with Ranch‑style architecture

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
$33,022
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
4.03%
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%
$660,440 $660.4K
Cap Rate 7%
$471,743 $471.7K
Cap Rate 9%
$366,911 $366.9K
Market Conditions
NOI Build-Up for 1,300 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
$49.9K $38.40/SF
− Vacancy
−$2.7K −$2.11/SF
EGI
$47.2K $36.29/SF
− OpEx
−$14.2K −$10.89/SF
NOI
$33.0K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /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%
$660,440
Cap Rate 7%
$471,743
Cap Rate 9%
$366,911

Alternative Uses

Best Use
Multifamily LT 5
$471.7K
$412.8K – $550.4K (±1% cap)
NOI $33,022 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$419.2K
$366.8K – $489.1K (±1% cap)
NOI $29,344 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$620.3K
$542.8K – $723.7K (±1% cap)
NOI $43,420 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,742
Businesses Nearby

Demographics for 10306, NY

57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex zoned C4 with a built-in garage, private driveway, and central air for comfortable dual living.
Where is this duplex located?
The property is located at 220 Dartmouth Loop Staten Island, NY.
What is the asking price?
The asking price for this property is $819,000.
What are key features of this property?
This property features: Zoned C4 duplex with two separate living setups: 1‑bed/1‑bath plus 3‑bed/2‑bath duplex; Built‑in garage and private driveway; Built in 2005 with Ranch‑style architecture
More about this property
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