Duplex With Flexible Living
New
For Sale
$1,098,888
35 Georgia Court, Staten Island, NY 10309
Residential Income, Staten Island, NY
Property Size1,800 SF
Lot Size0.12 Acres
Price / SF$610.49
Days on Market7
Property Features for 35 Georgia Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
4
Bathrooms
4
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 5, Bedroom 1, Bedroom 4
Parking features
Driveway
Patio and Porch features
Deck
Interior features
Walk-In Closet(s), Central Vacuum
Fencing
Fenced
Basement
Finished, Apartment
Lot features
Front Yard, Back Yard
Subdivision
Tottenville
Standard status
Active
APN
07540-0049
Size
1,800 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
11030
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
hardwood floors
central air conditioning
private backyard
finished basement
storage
Building Details
Year built
2000
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Plaza Island Properties, LLC
(718) 524-4202
Listed By:
Dilani Pompeus
(908) 906-9362
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 21 at 7:06PM
MLS# 2605224
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 1,800-square-foot duplex, built in 2000, combines a Colonial design with a flexible interior arrangement. The main residence includes separate living and dining rooms, an eat-in kitchen, a half bathroom, three bedrooms, and two full bathrooms. Hardwood floors, three-zone central air, abundant storage, and a finished basement with a family room and three-quarter bathroom add practical utility. A separately accessed studio-style area includes its own kitchen and bathroom and may accommodate a bedroom configuration.
The property occupies 0.1231 acres at 35 Georgia Court in Staten Island, with access from Amboy Road. The private court is shared by four homes. Exterior features include a fenced backyard, deck, vinyl siding, and a driveway with room for two cars plus off-street parking. The roof was completed in 2021, and one AC unit was replaced in 2025. Public sewer, forced-air heating, natural gas, central air, and R3X zoning are also provided.
The property occupies 0.1231 acres at 35 Georgia Court in Staten Island, with access from Amboy Road. The private court is shared by four homes. Exterior features include a fenced backyard, deck, vinyl siding, and a driveway with room for two cars plus off-street parking. The roof was completed in 2021, and one AC unit was replaced in 2025. Public sewer, forced-air heating, natural gas, central air, and R3X zoning are also provided.
Key Highlights
- 1,800‑square‑foot duplex on 0.1231 acres
- Separate studio‑style area with kitchen and bathroom
- Three‑zone central air with one AC unit replaced in 2025
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
$44,763
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
4.07%
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%
$895,260
$895.3K
Cap Rate 7%
$639,471
$639.5K
Cap Rate 9%
$497,367
$497.4K
Market Conditions
NOI Build-Up for 1,800 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
$67.0K $37.20/SF
− Vacancy
−$3.0K −$1.67/SF
EGI
$63.9K $35.53/SF
− OpEx
−$19.2K −$10.66/SF
NOI
$44.8K $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%
$895,260
Cap Rate 7%
$639,471
Cap Rate 9%
$497,367
Alternative Uses
Best Use
Multifamily LT 5
$639.5K
$559.5K – $746.1K
NOI $44,763 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$570.2K
$499.0K – $665.3K
NOI $39,917 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$858.9K
$751.5K – $1.00M
NOI $60,120 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
377
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - R3X-zoned duplex with a separate studio-style area, private outdoor space, and multiple parking options.
Where is this duplex located?
The property is located at 35 Georgia Court Staten Island, NY.
What is the asking price?
The asking price for this property is $1,098,888.
What are key features of this property?
This property features: 1,800‑square‑foot duplex on 0.1231 acres; Separate studio‑style area with kitchen and bathroom; Three‑zone central air with one AC unit replaced in 2025
