Two-Family Colonial with Private
For Sale
$1,399,900
Pending
26 Ficarelle Dr, Staten Island, NY 10309
A 2-family home featuring a spacious primary residence and a 1-bedroom apartment, plus a deck overlooking the property.
Property Size3,936 SF
Lot Size0.19 Acres
Days on Market121
Property Features for 26 Ficarelle Dr
General Information
Standard status
Pending
Size
3,936 SF
Lot size
0.19 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2004
Tenancy
Multi
Listing Agency:
Homes R Us Realty of NY, Inc.
Listed By:
Gennady Gary Papirov · License #30PA0885250
(917) 856-2012
Source:
Statenislandhomelistings
Added: May 13
Changed: Sep 8
Last Checked: Sep 9 at 8:05PM
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 Homes R Us Realty of NY, Inc.
Investment Insights
Based on property information with market context.
This two-family colonial offers a main residence with four bedrooms and four bathrooms, designed with an open layout, soaring ceilings, and oversized windows that bring in abundant natural light. Interior finishes include hardwood floors and custom trim work. The large eat-in kitchen is appointed with high-end appliances and granite countertops, supporting both everyday living and entertaining. A spacious deck overlooks the peaceful property, extending the home’s usable outdoor space. The first floor also includes a separate one-bedroom apartment with a full bath, suited for extended family, guests, or as an income-generating unit.
The property is set on an oversized 8,491 square foot lot with 127 feet of frontage, tucked away on a quiet private street with only four homes. While the setting is private and tranquil, the home is described as conveniently located near public transportation, shopping, restaurants, schools, parks, and beaches.
With two distinct living areas in one structure, this configuration can work well for owner-occupants who want additional space or rental flexibility, as well as investors seeking a residential income setup. The combination of a substantial primary layout, an additional 1-bedroom unit, and outdoor space supports a range of tenant and household needs.
The property is set on an oversized 8,491 square foot lot with 127 feet of frontage, tucked away on a quiet private street with only four homes. While the setting is private and tranquil, the home is described as conveniently located near public transportation, shopping, restaurants, schools, parks, and beaches.
With two distinct living areas in one structure, this configuration can work well for owner-occupants who want additional space or rental flexibility, as well as investors seeking a residential income setup. The combination of a substantial primary layout, an additional 1-bedroom unit, and outdoor space supports a range of tenant and household needs.
Key Highlights
- 2‑family colonial built in 2004 on an 8,491 SF property with 127 ft of frontage on a quiet private street with only 4 homes
- Main residence offers 4 bedrooms and 4 bathrooms with an open layout, soaring ceilings, oversized windows, and an abundance of natural light
- Large eat‑in kitchen with high‑end appliances and granite countertops
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
$97,881
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
6.99%
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%
$1,957,620
$2.0M
Cap Rate 7%
$1,398,300
$1.4M
Cap Rate 9%
$1,087,567
$1.1M
Market Conditions
NOI Build-Up for 3,936 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
$146.4K $37.20/SF
− Vacancy
−$6.6K −$1.67/SF
EGI
$139.8K $35.53/SF
− OpEx
−$41.9K −$10.66/SF
NOI
$97.9K $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%
$1,957,620
Cap Rate 7%
$1,398,300
Cap Rate 9%
$1,087,567
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.22M – $1.63M
NOI $97,881 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$1.25M
$1.09M – $1.45M
NOI $87,285 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,463 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
406
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
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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 - A 2-family home featuring a spacious primary residence and a 1-bedroom apartment, plus a deck overlooking the property.
Where is this duplex located?
The property is located at 26 Ficarelle Dr Staten Island, NY.
What is the asking price?
The asking price for this property is $1,399,900.
What are key features of this property?
This property features: 2‑family colonial built in 2004 on an 8,491 SF property with 127 ft of frontage on a quiet private street with only 4 homes; Main residence offers 4 bedrooms and 4 bathrooms with an open layout, soaring ceilings, oversized windows, and an abundance of natural light; Large eat‑in kitchen with high‑end appliances and granite countertops
