Single-Family Home Built in
For Sale
$899,000
23 Jade Court, Staten Island, NY 10309
SINGLE_FAMILY - Staten Island, NY
Property Size1,828 SF
Lot Size0.09 Acres
Price / SF$491.79
Days on Market107
Property Features for 23 Jade Court
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3x
Bedrooms
3
Bathrooms
4
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 2
Patio and Porch features
Porch
Interior features
Central Air, Dishwasher, Dryer, Laundry Area, Microwave, Porch, Stove, Washer
Basement
Full, Finished
Subdivision
Pleasant Plains
Standard status
Active
Size
1,828 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
9157
Building Details
Year built
2017
Floors in Building
2
Flooring type
Tile, Hardwood
Architectural style
Other
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Ronald Chui · License #10401361912
(718) 382-0005
Added: May 22
Changed: Aug 3
Last Checked: Sep 5 at 3:06PM
MLS# 501572
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.
Well maintained single-family home built in 2017 with thoughtful owner upgrades throughout. The first floor offers a bright living room, formal dining area, modern kitchen, and a convenient half bathroom. On the second floor, you’ll find three spacious bedrooms and two bathrooms, including a primary suite with a private 3/4 bathroom.
A fully finished basement adds additional living space and includes a 3/4 bathroom with side entrance access. The home also features a large attic for storage needs. Outside, pavers are installed in both the front and back of the property, creating an updated outdoor setting.
Low HOA fees include snow removal, adding day-to-day convenience.
A fully finished basement adds additional living space and includes a 3/4 bathroom with side entrance access. The home also features a large attic for storage needs. Outside, pavers are installed in both the front and back of the property, creating an updated outdoor setting.
Low HOA fees include snow removal, adding day-to-day convenience.
Key Highlights
- Single‑family home built in 2017 with 3 bedrooms and 4 bathrooms
- Central air and an upgraded interior with hardwood and tile flooring
- Kitchen includes dishwasher, microwave, stove, and a dedicated laundry area with washer and dryer
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
$40,538
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
4.51%
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%
$810,760
$810.8K
Cap Rate 7%
$579,114
$579.1K
Cap Rate 9%
$450,422
$450.4K
Market Conditions
NOI Build-Up for 1,828 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
$76.8K $42.00/SF
− Vacancy
−$3.1K −$1.68/SF
EGI
$73.7K $40.32/SF
− OpEx
−$33.2K −$18.14/SF
NOI
$40.5K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
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%
$810,760
Cap Rate 7%
$579,114
Cap Rate 9%
$450,422
Alternative Uses
Best Use
Apartment 5plus
$579.1K
$506.7K – $675.6K
NOI $40,538 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$872.2K
$763.2K – $1.02M
NOI $61,056 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Move-in ready 3-bedroom home with 4 bathrooms, a finished basement with side entrance, and paver patios.
Where is this single family property located?
The property is located at 23 Jade Court Staten Island, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Single‑family home built in 2017 with 3 bedrooms and 4 bathrooms; Central air and an upgraded interior with hardwood and tile flooring; Kitchen includes dishwasher, microwave, stove, and a dedicated laundry area with washer and dryer
