Two-Unit Duplex with Detached
New
For Sale
$799,000
27 Tabb Place, Staten Island, NY 10302
Residential Income, Staten Island, NY
Property Size1,461 SF
Lot Size0.09 Acres
Price / SF$546.89
Days on Market6
Property Features for 27 Tabb Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3A
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1
Parking features
Driveway, Garage
Patio and Porch features
Patio
Pool private
1
Interior features
Ceiling Fan(s)
Fencing
Chain Link, Fenced
Basement
Full, Finished
Lot features
Front Yard, Back Yard
Subdivision
Port Richmond
Standard status
Active
APN
01057-0005
Size
1,461 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
2663
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating), Forced Air
Cooling system
Window Unit(s)
Amenities
screened-in patio
above-ground pool
Building Details
Year built
1945
Floors in Building
2
Number of units
2
Building materials
Aluminum Siding, Brick
Architectural style
Colonial, Cape Cod
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
Jacqueline Eisenberg
(347) 962-8230
Added: Sep 16
Changed: Sep 18
Last Checked: Sep 21 at 7:06PM
MLS# 2605249
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 1,461-square-foot duplex in Staten Island contains two separate residences. The lower unit includes two bedrooms, a full bathroom, eat-in kitchen, living room, fireplace, and floor-to-ceiling windows. The upper unit provides one bedroom, one full bathroom, kitchen, and parlor room. A finished basement adds a large main room and another living area, while pull-down stairs lead to attic storage. Three sump pumps serve the basement.
Built in 1945 and zoned R3A, the property sits on a 0.0869-acre lot at 27 Tabb Place. Exterior features include a screened patio with storm windows, private above-ground pool, gardening area, fenced yard, driveway, and detached two-car garage. Construction includes aluminum siding and brick, with natural gas heating, window-unit cooling, and public sewer.
Built in 1945 and zoned R3A, the property sits on a 0.0869-acre lot at 27 Tabb Place. Exterior features include a screened patio with storm windows, private above-ground pool, gardening area, fenced yard, driveway, and detached two-car garage. Construction includes aluminum siding and brick, with natural gas heating, window-unit cooling, and public sewer.
Key Highlights
- 1,461‑square‑foot duplex with two separate residences
- First unit has two bedrooms, full bath, eat‑in kitchen, fireplace, and floor‑to‑ceiling windows
- Second unit includes one bedroom, full bath, kitchen, and parlor room
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
$36,332
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
4.55%
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%
$726,640
$726.6K
Cap Rate 7%
$519,029
$519.0K
Cap Rate 9%
$403,689
$403.7K
Market Conditions
NOI Build-Up for 1,461 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
$54.3K $37.20/SF
− Vacancy
−$2.4K −$1.67/SF
EGI
$51.9K $35.53/SF
− OpEx
−$15.6K −$10.66/SF
NOI
$36.3K $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%
$726,640
Cap Rate 7%
$519,029
Cap Rate 9%
$403,689
Alternative Uses
Best Use
Multifamily LT 5
$519.0K
$454.2K – $605.5K
NOI $36,332 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$462.8K
$405.0K – $540.0K
NOI $32,399 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$697.1K
$610.0K – $813.3K
NOI $48,798 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,696
Businesses Nearby
Explore this area
Business Placement
Demographics for 10302, NY
20,931
Population
6,927
Households
3
Avg Household Size
35
Median Age
29%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
17,443
Density / Sq Mi
$76,089
Median Household Income
$43,608
Median Earnings
$1,800
Median Rent
$586,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer finished basement space, a screened patio, private pool, driveway, and detached garage.
Where is this duplex located?
The property is located at 27 Tabb Place Staten Island, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1,461‑square‑foot duplex with two separate residences; First unit has two bedrooms, full bath, eat‑in kitchen, fireplace, and floor‑to‑ceiling windows; Second unit includes one bedroom, full bath, kitchen, and parlor room
