Brick Duplex with
For Sale
$824,500
3270 Amboy Road, Staten Island, NY 10306
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,100 SF
Lot Size0.06 Acres
Price / SF$392.62
Days on Market8
Property Features for 3270 Amboy Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Parking features
Off Street
Patio and Porch features
Patio
Interior features
Ceiling Fan(s)
Fencing
Chain Link
Basement
Full, Finished
Lot features
Back Yard
Subdivision
Bay Terrace
Standard status
Active
APN
4645
Size
2,100 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
8044
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
parking
yard
Building Details
Year built
1998
Floors in Building
3
Number of units
1
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Joanne Costa Realty
(718) 987-3060
Listed By:
Lori Anderson
(718) 987-9030
Added: Aug 7
Changed: Aug 8
Last Checked: Aug 14 at 1:06AM
MLS# 2604467
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 2,100-square-foot Colonial duplex, built in 1998, contains two tenant-occupied residences. The first unit includes a bi-level layout with a living room and kitchen combination, bedroom, two full bathrooms, washer and dryer, and a basement family room currently used as a third bedroom. Sliding doors connect this unit to the yard. The second residence offers a living room and kitchen combination, two bedrooms, one full bathroom, and a stand-up attic. Both units include ample closet space.
The brick and vinyl-sided property sits on a 0.0628-acre lot with off-street parking, a patio, chain-link fencing, forced-air natural gas heat, central air, and public sewer service. The property is zoned R3X and is located near train service, buses, and shopping. Both tenants would like to remain, and showings require 48 hours’ notice. The sale is offered as-is.
The brick and vinyl-sided property sits on a 0.0628-acre lot with off-street parking, a patio, chain-link fencing, forced-air natural gas heat, central air, and public sewer service. The property is zoned R3X and is located near train service, buses, and shopping. Both tenants would like to remain, and showings require 48 hours’ notice. The sale is offered as-is.
Key Highlights
- 2,100 SF duplex on a 0.0628‑acre lot
- Two tenant‑occupied units; both tenants would like to remain
- Unit 1 includes a bi‑level layout, basement family room, two full bathrooms, and washer/dryer
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
$53,343
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%
$1,066,860
$1.1M
Cap Rate 7%
$762,043
$762.0K
Cap Rate 9%
$592,700
$592.7K
Market Conditions
NOI Build-Up for 2,100 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
$80.6K $38.40/SF
− Vacancy
−$4.4K −$2.11/SF
EGI
$76.2K $36.29/SF
− OpEx
−$22.9K −$10.89/SF
NOI
$53.3K $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%
$1,066,860
Cap Rate 7%
$762,043
Cap Rate 9%
$592,700
Alternative Uses
Best Use
Multifamily LT 5
$762.0K
$666.8K – $889.1K
NOI $53,343 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$677.2K
$592.5K – $790.0K
NOI $47,401 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$1.00M
$876.8K – $1.17M
NOI $70,140 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
536
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 - Two occupied units offer separate living areas, parking, and outdoor space near transit and shopping.
Where is this duplex located?
The property is located at 3270 Amboy Road Staten Island, NY.
What is the asking price?
The asking price for this property is $824,500.
What are key features of this property?
This property features: 2,100 SF duplex on a 0.0628‑acre lot; Two tenant‑occupied units; both tenants would like to remain; Unit 1 includes a bi‑level layout, basement family room, two full bathrooms, and washer/dryer
