Detached Two-Family
For Sale
$1,248,000
Pending
35 Cattaraugus Street, Staten Island, NY 10301
Residential Income, Staten Island, NY
Property Size3,307 SF
Lot Size0.13 Acres
Days on Market78
Property Features for 35 Cattaraugus Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 3
Parking features
Carport, Driveway
Patio and Porch features
Patio
Basement
Full, Finished
Lot features
Back Yard
Subdivision
Sunnyside
Standard status
Pending
APN
00677-0016
Size
3,307 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
7607
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Amenities
solar panels
covered veranda
Building Details
Year built
1965
Floors in Building
2
Number of units
1
Building materials
Brick, Vinyl Siding
Architectural style
Contemporary, Ranch
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
C.Michel Scibetta-Nicolo · License #10301221252
(718) 644-0063
Added: Jul 6
Changed: Sep 15
Last Checked: Sep 21 at 11:06PM
MLS# 2603777
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.
Located at 35 Cattaraugus Street in Staten Island, this detached two-family residence provides 3,307 square feet of space on a 0.1255-acre lot. The primary dwelling includes four bedrooms, living and dining areas, a family room, updated kitchen and bath, and a finished basement with its own access. A separate one-bedroom apartment is positioned apart from the main residence. The property is vacant and includes separate utilities, solar panels, two driveways, an attached garage, and a backyard with a covered veranda.
Built in 1965, the home combines brick and vinyl siding construction with hot-water heating and natural gas service. Additional property features include R2 zoning, public sewer, a carport, and patio space.
Built in 1965, the home combines brick and vinyl siding construction with hot-water heating and natural gas service. Additional property features include R2 zoning, public sewer, a carport, and patio space.
Key Highlights
- 3,307‑square‑foot detached two‑family residence
- 0.1255‑acre lot with two driveways and an attached garage
- Primary dwelling includes four bedrooms and a full finished basement with separate access
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
$82,239
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
6.59%
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%
$1,644,780
$1.6M
Cap Rate 7%
$1,174,843
$1.2M
Cap Rate 9%
$913,767
$913.8K
Market Conditions
NOI Build-Up for 3,307 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
$123.0K $37.20/SF
− Vacancy
−$5.5K −$1.67/SF
EGI
$117.5K $35.53/SF
− OpEx
−$35.2K −$10.66/SF
NOI
$82.2K $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%
$1,644,780
Cap Rate 7%
$1,174,843
Cap Rate 9%
$913,767
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.03M – $1.37M
NOI $82,239 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$1.05M
$916.7K – $1.22M
NOI $73,336 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,455 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
688
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant property with separate utilities, finished basement, attached garage, and outdoor space including a covered veranda.
Where is this duplex located?
The property is located at 35 Cattaraugus Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,248,000.
What are key features of this property?
This property features: 3,307‑square‑foot detached two‑family residence; 0.1255‑acre lot with two driveways and an attached garage; Primary dwelling includes four bedrooms and a full finished basement with separate access
