Colonial Duplex with Large
For Sale
$1,399,900
Pending
26 Ficarelle Drive, Staten Island, NY 10309
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,936 SF
Lot Size0.19 Acres
Days on Market95
Property Features for 26 Ficarelle Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
2
Rooms
Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1
Parking features
Carport
Basement
Full, Partially Finished
Lot features
Front Yard, Back Yard
Subdivision
Princes Bay
Standard status
Pending
Size
3,936 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
9519
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
2004
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 #0566464
(917) 856-2012
Added: May 26
Changed: Aug 2
Last Checked: Aug 28 at 8:06AM
MLS# 2602910
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.
This Colonial duplex offers two-family living in a brick-and-vinyl-siding structure built in 2004. The main residence features four bedrooms and four bathrooms, with an open layout that includes soaring ceilings and oversized windows. Interior finishes include hardwood floors and custom trim work, and key comfort features include central air, forced air natural gas heating, radiant heat, and a central vac system. The home also includes an eat-in kitchen with granite countertops and high-end appliances, plus a large deck overlooking the property.
The first floor additionally includes a spacious one-bedroom apartment with a full bath. Parking is provided via a carport, and the home is served by public sewer.
Set on an oversized 8,491 square foot property with 127 feet of frontage on a quiet private street with only four homes, this two-family residence is positioned near everyday amenities and public transportation.
The first floor additionally includes a spacious one-bedroom apartment with a full bath. Parking is provided via a carport, and the home is served by public sewer.
Set on an oversized 8,491 square foot property with 127 feet of frontage on a quiet private street with only four homes, this two-family residence is positioned near everyday amenities and public transportation.
Key Highlights
- 8,491 square foot lot with 127 feet of frontage
- Two‑family Colonial built in 2004 with brick and vinyl siding
- Main residence: 4 bedrooms and 4 bathrooms with central vac and radiant heat
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
Property Profile
Current Use
Lease Details
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
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 - Colonial two-family home with central air, natural gas forced-air heat, and a deck overlooking a private property.
Where is this duplex located?
The property is located at 26 Ficarelle Drive 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: 8,491 square foot lot with 127 feet of frontage; Two‑family Colonial built in 2004 with brick and vinyl siding; Main residence: 4 bedrooms and 4 bathrooms with central vac and radiant heat
