Colonial Duplex with Unfinished
For Sale
$700,000
Pending
269 Pulaski Avenue, Staten Island, NY 10303
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size1,820 SF
Lot Size0.06 Acres
Days on Market155
Property Features for 269 Pulaski Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5
Parking features
Off Street, On Street
Interior features
Ceiling Fan(s)
Basement
Unfinished, Full
Lot features
Back Yard
Subdivision
Elm Park
Standard status
Pending
Size
1,820 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
5089
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Building Details
Year built
1905
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Ragheb Mick Baig
(718) 987-7900
Added: Mar 23
Changed: Aug 7
Last Checked: Aug 24 at 8:06PM
MLS# 2601476
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 a flexible two-family layout with a spacious three-bedroom unit and an upper two-bedroom apartment. The property includes an unfinished basement that can be finished or customized, along with ceiling fans and vinyl siding throughout. Heating is provided via natural gas hot water systems, and the home connects to public sewer.
The exterior provides both off-street and on-street parking options, and the lot includes a backyard for relaxing or entertaining. Built in 1905, the property is set on a 0.0643-acre lot with an overall property size of 1,820 square feet. Zoning is R3-2.
For buyers considering owner-occupancy or a long-term rental strategy, the unit configuration supports different living and investment scenarios while keeping the core building and site improvements in one asset.
The exterior provides both off-street and on-street parking options, and the lot includes a backyard for relaxing or entertaining. Built in 1905, the property is set on a 0.0643-acre lot with an overall property size of 1,820 square feet. Zoning is R3-2.
For buyers considering owner-occupancy or a long-term rental strategy, the unit configuration supports different living and investment scenarios while keeping the core building and site improvements in one asset.
Key Highlights
- 0.0643‑acre lot with 1,820 SF total building area
- Built in 1905 with Colonial architectural style
- Two‑family layout: spacious three‑bedroom unit plus two‑bedroom apartment
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
$45,260
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
6.47%
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%
$905,200
$905.2K
Cap Rate 7%
$646,571
$646.6K
Cap Rate 9%
$502,889
$502.9K
Market Conditions
NOI Build-Up for 1,820 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
$67.7K $37.20/SF
− Vacancy
−$3.0K −$1.67/SF
EGI
$64.7K $35.53/SF
− OpEx
−$19.4K −$10.66/SF
NOI
$45.3K $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%
$905,200
Cap Rate 7%
$646,571
Cap Rate 9%
$502,889
Alternative Uses
Best Use
Multifamily LT 5
$646.6K
$565.8K – $754.3K
NOI $45,260 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$576.6K
$504.5K – $672.7K
NOI $40,360 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$868.4K
$759.9K – $1.01M
NOI $60,788 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,274
Businesses Nearby
Explore this area
Business Placement
Demographics for 10303, NY
28,155
Population
9,580
Households
2.9
Avg Household Size
34
Median Age
30%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
8,798
Density / Sq Mi
$79,429
Median Household Income
$49,072
Median Earnings
$1,520
Median Rent
$457,600
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 - Two-family Colonial duplex with a three-bedroom unit and a two-bedroom apartment, plus an unfinished basement and backyard space.
Where is this duplex located?
The property is located at 269 Pulaski Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 0.0643‑acre lot with 1,820 SF total building area; Built in 1905 with Colonial architectural style; Two‑family layout: spacious three‑bedroom unit plus two‑bedroom apartment
