Duplex with Attached Garage and Central
For Sale
$679,000
28 White Oak Lane, Staten Island, NY 10309
MULTI_FAMILY - Staten Island, NY
Property Size2,506 SF
Lot Size0.05 Acres
Price / SF$270.95
Days on Market57
Property Features for 28 White Oak Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Parking features
Garage - Attached
Patio and Porch features
Porch
Interior features
Central Air, Laundry Area, Porch, Refrigerator, Stove
Subdivision
Woodrow
Standard status
Active
Size
2,506 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7824
Building Details
Year built
1999
Floors in Building
3
Number of units
2
Flooring type
Hardwood
Listing Agency:
SI Premiere Properties
(718) 667-6400
Listed By:
Lance L. Andrade
(718) 667-6400
Added: Jun 19
Changed: Aug 4
Last Checked: Aug 14 at 10:06PM
MLS# 502458
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
28 White Oak Lane presents an oversized two-family duplex on a 0.045-acre lot. The property has 2,506 square feet and was built in 1999. Interior features include central air, a designated laundry area, and hardwood flooring. A porch provides outdoor space, and the home includes an attached garage for parking.
The duplex is zoned R3-1. The home is described as needing extensive cosmetic renovations and upgrades, which may appeal to an owner-occupant looking for a hands-on project or an investor seeking to refresh the property.
Layout specifics include multiple bathrooms (Bathroom 1, Bathroom 2, Bathroom 3) and a set of in-home kitchen appliances noted in the interior features (refrigerator and stove).
The duplex is zoned R3-1. The home is described as needing extensive cosmetic renovations and upgrades, which may appeal to an owner-occupant looking for a hands-on project or an investor seeking to refresh the property.
Layout specifics include multiple bathrooms (Bathroom 1, Bathroom 2, Bathroom 3) and a set of in-home kitchen appliances noted in the interior features (refrigerator and stove).
Key Highlights
- Oversized two‑family duplex on 0.045‑acre lot
- 2,506 square feet built in 1999
- Central air and hardwood flooring
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
$62,320
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
9.18%
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%
$1,246,400
$1.2M
Cap Rate 7%
$890,286
$890.3K
Cap Rate 9%
$692,444
$692.4K
Market Conditions
NOI Build-Up for 2,506 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
$93.2K $37.20/SF
− Vacancy
−$4.2K −$1.67/SF
EGI
$89.0K $35.53/SF
− OpEx
−$26.7K −$10.66/SF
NOI
$62.3K $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%
$1,246,400
Cap Rate 7%
$890,286
Cap Rate 9%
$692,444
Alternative Uses
Best Use
Multifamily LT 5
$890.3K
$779.0K – $1.04M
NOI $62,320 @ 7.0% cap · market cap 9.18%
Second Best
Apartment 5plus
$793.9K
$694.7K – $926.2K
NOI $55,573 @ 7.0% cap · market cap 8.18%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,701 @ 7.0% cap · market cap 12.33%
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
267
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 - Duplex zoned R3-1 with attached garage, central air, hardwood flooring, and a porch.
Where is this duplex located?
The property is located at 28 White Oak Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Oversized two‑family duplex on 0.045‑acre lot; 2,506 square feet built in 1999; Central air and hardwood flooring
