New Construction Two-Family
For Sale
$1,299,999
Pending
335 Oakland Ave, Staten Island, NY 10310
New construction two-family home in West Brighton, Staten Island.
Property Size2,934 SF
Lot Size0.11 Acres
Days on Market168
Property Features for 335 Oakland Ave
General Information
Standard status
Pending
Size
2,934 SF
Lot size
0.11 Acres
Property subtype
Multi Family
Building Details
Building Size
2,934 SF
Year Built
2025
Stories
2
Listing Agency:
Robert Defalco Realty
(718) 987-7900
Listed By:
Michael Gentilesco
(718) 987-7900
Source:
Elliman
Added: Mar 11
Changed: Aug 24
Last Checked: Aug 24 at 7:29AM
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
Investment Insights
Based on property information with market context.
This new construction two-family home is located on a tree-lined street in the West Brighton area of Staten Island. The property features two units, each with 3 bedrooms and 2.5 bathrooms. Both units mirror each other and include a kitchen with stainless steel appliances, gas stoves, quartz countertops, soft-close cabinets, and recessed lighting. Each unit also has three bedrooms, including a king-sized master bedroom with a private 3/4 bathroom, a living room/dining room combo, hardwood floors, crown molding, recessed lighting, ceiling fans, and a full bathroom with a porcelain top vanity. Additional features include central air, energy-efficient windows, an extra-wide and long driveway for 4+ vehicles, and a built-in garage. The property also has a large backyard. The full finished basement has a separate private entrance, direct access from the first-floor apartment, porcelain tiled flooring, recessed lighting, a 3/4 bathroom, and washer/dryer hook-ups. The second-floor apartment also has washer/dryer hookups. The property is suitable for large families looking to live in one unit and collect rent or for investors. The location is near buses and shopping in a well-situated area of the North Shore.
Key Highlights
- Brand new 2‑family home (3 bed/3 bed) ideal for large families or investors seeking rental income.
- Each unit features a modern kitchen with stainless steel appliances (including gas stoves) and quartz countertops.
- King‑sized master bedroom in each unit with a private 3/4 bathroom.**
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
$72,963
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
5.61%
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%
$1,459,260
$1.5M
Cap Rate 7%
$1,042,329
$1.0M
Cap Rate 9%
$810,700
$810.7K
Market Conditions
NOI Build-Up for 2,934 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
$109.1K $37.20/SF
− Vacancy
−$4.9K −$1.67/SF
EGI
$104.2K $35.53/SF
− OpEx
−$31.3K −$10.66/SF
NOI
$73.0K $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%
$1,459,260
Cap Rate 7%
$1,042,329
Cap Rate 9%
$810,700
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$912.0K – $1.22M
NOI $72,963 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$929.5K
$813.3K – $1.08M
NOI $65,064 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,996 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,772
Businesses Nearby
Explore this area
Business Placement
Demographics for 10310, NY
26,667
Population
9,909
Households
2.7
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
14,815
Density / Sq Mi
$106,118
Median Household Income
$57,861
Median Earnings
$1,638
Median Rent
$623,300
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 - New construction two-family home in West Brighton, Staten Island.
Where is this duplex located?
The property is located at 335 Oakland Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Brand new 2‑family home (3 bed/3 bed) ideal for large families or investors seeking rental income.; Each unit features a **modern kitchen with stainless steel appliances (including gas stoves) and quartz countertops.**; King‑sized master bedroom in each unit with a private 3/4 bathroom.**
