Detached Two-Family Colonial
For Sale
Contact for pricing
30 Oceanview Place, Staten Island, NY 10308
Well-appointed two-family colonial with hardwood floors, finished basement, and a private paved yard.
Property Size2,520 SF
Price / SF$543.65
Days on Market88
Property Features for 30 Oceanview Place
General Information
Standard status
Active
Size
2,520 SF
Property subtype
Multifamily
Zoning
R3A
Additional Details
Multifamily Units
2
Building Details
Year Built
2002
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Rayann Besser · License #10301218353
Source:
Crexi
Added: May 29
Changed: Aug 14
Last Checked: Aug 23 at 8:36AM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
This detached two-family colonial home offers a traditional interior layout with hardwood floors throughout and a custom kitchen featuring French doors leading to a paved yard with a shed. The main level includes a two-story entry with formal living and dining rooms, plus a family room with a gas fireplace and a half bath. Bedrooms are arranged across the upper levels with three spacious bedrooms, a full bath, and a primary bedroom suite that includes a four-piece bath with a jacuzzi and a walk-in closet.
The property includes a fully finished basement with an extra room, a full bath, garage, and laundry area. Exterior updates include a new roof installed in 2022, and the home has solar panels that are paid off.
Configured as a two-family detached residence, the property can suit buyers seeking rental income potential or an owner-occupant setup where one unit can support household expenses. With multiple bathrooms, a dedicated laundry area, and additional finished space in the basement, the home offers practical day-to-day utility for tenants or occupants.
The property includes a fully finished basement with an extra room, a full bath, garage, and laundry area. Exterior updates include a new roof installed in 2022, and the home has solar panels that are paid off.
Configured as a two-family detached residence, the property can suit buyers seeking rental income potential or an owner-occupant setup where one unit can support household expenses. With multiple bathrooms, a dedicated laundry area, and additional finished space in the basement, the home offers practical day-to-day utility for tenants or occupants.
Key Highlights
- 2‑family colonial detached home built in 2002
- Hardwood floors and a custom kitchen with French doors leading to a paved yard and shed
- Two‑story entry with formal living and dining rooms, plus a family room with gas fireplace
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
$62,668
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
4.57%
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%
$1,253,360
$1.3M
Cap Rate 7%
$895,257
$895.3K
Cap Rate 9%
$696,311
$696.3K
Market Conditions
NOI Build-Up for 2,520 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
$93.7K $37.20/SF
− Vacancy
−$4.2K −$1.67/SF
EGI
$89.5K $35.53/SF
− OpEx
−$26.9K −$10.66/SF
NOI
$62.7K $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%
$1,253,360
Cap Rate 7%
$895,257
Cap Rate 9%
$696,311
Alternative Uses
Best Use
Multifamily LT 5
$895.3K
$783.4K – $1.04M
NOI $62,668 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$798.3K
$698.6K – $931.4K
NOI $55,884 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,169 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,381
Businesses Nearby
Explore this area
Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
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 - Well-appointed two-family colonial with hardwood floors, finished basement, and a private paved yard.
Where is this duplex located?
The property is located at 30 Oceanview Place Staten Island, NY.
What is the asking price?
The asking price for this property is $1,370,000.
What are key features of this property?
This property features: 2‑family colonial detached home built in 2002; Hardwood floors and a custom kitchen with French doors leading to a paved yard and shed; Two‑story entry with formal living and dining rooms, plus a family room with gas fireplace
