Renovated Two-Family
New
For Sale
$1,299,900
23 Delia Court, Staten Island, NY 10307
Residential Income, Staten Island, NY
Property Size3,600 SF
Lot Size0.12 Acres
Price / SF$361.08
Days on Market6
Property Features for 23 Delia Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 3
Parking features
Carport
Patio and Porch features
Deck
Pool private
1
Basement
Full, Finished
Lot features
Front Yard, Back Yard
Subdivision
Tottenville
Standard status
Active
APN
7867-218
Size
3,600 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
12301
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Amenities
pool
patio
Building Details
Year built
2001
Floors in Building
2
Number of units
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Gennady Gary Papirov · License #30PA0885250
(917) 856-2012
Added: Sep 16
Changed: Sep 19
Last Checked: Sep 21 at 5:06PM
MLS# 2605245
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.
Located at 23 Delia Court, this 3,600-square-foot Colonial is configured as a legal two-family residence with 4 bedrooms and 4 bathrooms. The property includes a legal one-bedroom side apartment, a full finished basement, one-car garage, and a two-story foyer. Custom improvements include a gourmet kitchen, hardwood flooring, marble fireplace, crown molding, custom doors and trim, multiple heating and cooling zones, and central air.
Outdoor features include a private inground pool and deck, while public sewer and natural gas hot-water heating serve the property. Built in 2001 on a 0.1223-acre lot, the home has brick and vinyl siding and is located near public transportation, schools, shopping, restaurants, parks, and beaches. R3X zoning applies.
Outdoor features include a private inground pool and deck, while public sewer and natural gas hot-water heating serve the property. Built in 2001 on a 0.1223-acre lot, the home has brick and vinyl siding and is located near public transportation, schools, shopping, restaurants, parks, and beaches. R3X zoning applies.
Key Highlights
- Legal two‑family residence with a one‑bedroom side apartment
- 3,600 square feet with 4 bedrooms and 4 bathrooms
- Full finished basement and one‑car garage
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
$89,526
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
6.89%
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%
$1,790,520
$1.8M
Cap Rate 7%
$1,278,943
$1.3M
Cap Rate 9%
$994,733
$994.7K
Market Conditions
NOI Build-Up for 3,600 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
$133.9K $37.20/SF
− Vacancy
−$6.0K −$1.67/SF
EGI
$127.9K $35.53/SF
− OpEx
−$38.4K −$10.66/SF
NOI
$89.5K $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%
$1,790,520
Cap Rate 7%
$1,278,943
Cap Rate 9%
$994,733
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,526 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$1.14M
$997.9K – $1.33M
NOI $79,834 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,241 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
615
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 - Legal two-family residence with a finished basement, separate apartment, pool, and custom interior finishes.
Where is this duplex located?
The property is located at 23 Delia Court Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Legal two‑family residence with a one‑bedroom side apartment; 3,600 square feet with 4 bedrooms and 4 bathrooms; Full finished basement and one‑car garage
