Well-Maintained Two-Family
For Sale
Contact for pricing
Pending
26 Foothill Court, Staten Island, NY 10309
Four-bedroom home with rental income potential in desirable community.
Property Size1,504 SF
Days on Market102
Property Features for 26 Foothill Court
General Information
Standard status
Pending
Size
1,504 SF
Property subtype
Multifamily
Zoning
R3-1
Building Details
Year Built
2007
Stories
2
Units
2
Listing Agency:
RE/MAX Elite
(718) 690-3900
Listed By:
James Grant · License #10401348496
Source:
Crexi
Added: May 15
Changed: Aug 8
Last Checked: Jul 24 at 12:40PM
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 RE/MAX Elite
Investment Insights
Based on property information with market context.
Located in Woodrow, this well-maintained two-family home at 26 Foothill Court features 4 bedrooms and 3.5 bathrooms. The main unit offers a bright, open floor plan with hardwood floors, a spacious living room and dining room, and a kitchen equipped with granite countertops and sliding doors that open to the backyard, suitable for entertaining. The main residence includes 3 large bedrooms, featuring a king-sized primary suite with a private bath, plus two additional generously sized bedrooms and a full bathroom. A separate one-bedroom, one-bath apartment with a private entrance provides options for extended family, guests, or rental income. Residents have access to a swimming pool, tennis courts, and clubhouse amenities. The property is conveniently located near shopping, public transportation, and within walking distance to Bloomingdale Park. The property size is 1504 square feet.
Key Highlights
- Two‑family home with a separate one‑bedroom apartment, ideal for rental income or extended family.
- Main unit features 3 large bedrooms, including a king‑sized primary suite with a private bath.
- Access to community amenities including a swimming pool, tennis courts, and clubhouse.
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
$37,402
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
4.16%
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%
$748,040
$748.0K
Cap Rate 7%
$534,314
$534.3K
Cap Rate 9%
$415,578
$415.6K
Market Conditions
NOI Build-Up for 1,504 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
$55.9K $37.20/SF
− Vacancy
−$2.5K −$1.67/SF
EGI
$53.4K $35.53/SF
− OpEx
−$16.0K −$10.66/SF
NOI
$37.4K $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%
$748,040
Cap Rate 7%
$534,314
Cap Rate 9%
$415,578
Alternative Uses
Best Use
Multifamily LT 5
$534.3K
$467.5K – $623.4K
NOI $37,402 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$476.5K
$416.9K – $555.9K
NOI $33,353 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$717.6K
$627.9K – $837.2K
NOI $50,234 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
340
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Four-bedroom home with rental income potential in desirable community.
Where is this duplex located?
The property is located at 26 Foothill 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: Two‑family home with a separate one‑bedroom apartment, ideal for rental income or extended family.; Main unit features **3 large bedrooms, including a king‑sized primary suite with a private bath.**; Access to community amenities including a swimming pool, tennis courts, and clubhouse.
