Two-Bedroom Residential Income
For Sale
$555,000
3534 Amboy Road, Staten Island, NY 10306
Residential, Staten Island, NY
Property Size1,360 SF
Lot Size0.02 Acres
Price / SF$408.09
Days on Market21
Property Features for 3534 Amboy Road
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Parking features
Off Street
Appliances
Refrigerator
Lot features
Front Yard
Subdivision
Bay Terrace
Standard status
Active
APN
5090-0014
Size
1,360 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
5012
HOA Fee
$290 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Building Details
Year built
1987
Floors in Building
3
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Huan Kuei Lo · License #10401313713
(347) 335-7946
Added: Sep 11
Changed: Sep 25
Last Checked: Oct 1 at 5:06PM
MLS# 2605144
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 3534 Amboy Road in Staten Island, this residential income property includes 1,360 square feet with two bedrooms and two full bathrooms. Built in 1987, the Colonial-style home features vinyl siding, central air, hot-water heating, and natural gas service. The lot measures 0.0209 acres, with off-street parking and public sewer service.
The property is in the 10306 postal area and carries R3-2 zoning. Transportation options include access to the Staten Island Railway and express bus service to Manhattan. Restaurants, shopping centers, supermarkets, and other everyday services are also identified in the surrounding area.
The property is in the 10306 postal area and carries R3-2 zoning. Transportation options include access to the Staten Island Railway and express bus service to Manhattan. Restaurants, shopping centers, supermarkets, and other everyday services are also identified in the surrounding area.
Key Highlights
- 1,360‑square‑foot residential income property
- Two bedrooms and two full bathrooms
- Built in 1987 with Colonial architectural style
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
$30,698
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
5.53%
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%
$613,960
$614.0K
Cap Rate 7%
$438,543
$438.5K
Cap Rate 9%
$341,089
$341.1K
Market Conditions
NOI Build-Up for 1,360 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
$58.8K $43.20/SF
− Vacancy
−$2.9K −$2.16/SF
EGI
$55.8K $41.04/SF
− OpEx
−$25.1K −$18.47/SF
NOI
$30.7K $22.57/SF
Area
ZIP 10306
Vacancy
5.00%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
45.00%
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%
$613,960
Cap Rate 7%
$438,543
Cap Rate 9%
$341,089
Alternative Uses
Best Use
Apartment 5plus
$438.5K
$383.7K – $511.6K
NOI $30,698 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$648.9K
$567.8K – $757.1K
NOI $45,424 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
571
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Colonial-style home with two full bathrooms, central air, off-street parking, and public sewer service.
Where is this residential income property located?
The property is located at 3534 Amboy Road Staten Island, NY.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: 1,360‑square‑foot residential income property; Two bedrooms and two full bathrooms; Built in 1987 with Colonial architectural style
