Fully Detached Two-Family
For Sale
$1,599,900
Pending
27 Weed Ave, Staten Island, NY 10306
Newly constructed detached two-family residence with a finished basement and separate entrance, offering three bedrooms per unit.
Property Size2,688 SF
Days on Market208
Property Features for 27 Weed Ave
General Information
Standard status
Pending
Size
2,688 SF
Property subtype
Multi-Family
Building Details
Year Built
2026
Listing Agency:
Tiger Realty
Listed By:
Shan Su
(917) 708-9966
Source:
Statenislandhomelistings
Added: Feb 14
Changed: Sep 9
Last Checked: Sep 9 at 11:03AM
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 Tiger Realty
Investment Insights
Based on property information with market context.
This fully detached two-family home is a new 2026 construction and is configured as a 6-over-6 style property. Each unit features three bedrooms, two full bathrooms, and formal living and dining rooms, along with eat-in kitchens. The property also includes a fully finished basement with a separate entrance.
The home offers three electrical meters. It is described as being close to schools, parks, shopping, dining, and transportation.
The layout supports separate living within the two units, while the basement’s independent access adds flexibility for additional space or other uses.
The home offers three electrical meters. It is described as being close to schools, parks, shopping, dining, and transportation.
The layout supports separate living within the two units, while the basement’s independent access adds flexibility for additional space or other uses.
Key Highlights
- New construction detached 2‑family home built in 2026 with a finished basement and separate entrance
- Each unit has 3 bedrooms and 2 full bathrooms, plus formal living and dining rooms
- Eat‑in kitchens include brand‑new appliances and space for casual dining
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
$68,280
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
4.27%
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%
$1,365,600
$1.4M
Cap Rate 7%
$975,429
$975.4K
Cap Rate 9%
$758,667
$758.7K
Market Conditions
NOI Build-Up for 2,688 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
$103.2K $38.40/SF
− Vacancy
−$5.7K −$2.11/SF
EGI
$97.5K $36.29/SF
− OpEx
−$29.3K −$10.89/SF
NOI
$68.3K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /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%
$1,365,600
Cap Rate 7%
$975,429
Cap Rate 9%
$758,667
Alternative Uses
Best Use
Multifamily LT 5
$975.4K
$853.5K – $1.14M
NOI $68,280 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$866.8K
$758.4K – $1.01M
NOI $60,674 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,780 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
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 - Newly constructed detached two-family residence with a finished basement and separate entrance, offering three bedrooms per unit.
Where is this duplex located?
The property is located at 27 Weed Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,599,900.
What are key features of this property?
This property features: New construction detached 2‑family home built in 2026 with a finished basement and separate entrance; Each unit has 3 bedrooms and 2 full bathrooms, plus formal living and dining rooms; Eat‑in kitchens include brand‑new appliances and space for casual dining
