Detached Two-Family
For Sale
$799,000
36 Riverside Lane, Staten Island, NY 10302
Residential, State Island, NY
Property Size2,125 SF
Lot Size0.09 Acres
Price / SF$376
Days on Market38
Property Features for 36 Riverside Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 3
Subdivision
Elmpark
Standard status
Active
Size
2,125 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
6501
Building Details
Floors in Building
3
Number of units
2
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Dazhi (Simon) Su · License #10401312047
(718) 288-3835
Added: Aug 25
Changed: Sep 16
Last Checked: Oct 1 at 5:06PM
MLS# 504044
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 fully detached two-family property was constructed in 2017 and measures approximately 2,125 square feet. The main residence is a three-bedroom duplex, while the ground-floor apartment provides one bedroom. A built-in garage, multiple bathrooms, spacious bedrooms, solid hardwood flooring, granite countertops, stainless steel appliances, oversized windows, and central heating and cooling are included. The property is described as being in excellent condition.
The house measures approximately 20x39 on a 33x112 lot, with a total lot area of 0.0852 acres. Its setting provides access to major highways and bridges for commuting. The room count includes four bedrooms and four bathrooms.
The house measures approximately 20x39 on a 33x112 lot, with a total lot area of 0.0852 acres. Its setting provides access to major highways and bridges for commuting. The room count includes four bedrooms and four bathrooms.
Key Highlights
- Two‑family configuration with a 3‑bedroom duplex over a 1‑bedroom ground‑floor apartment
- Constructed in 2017 with a built‑in garage
- Approximately 2,125 square feet on a 0.0852‑acre lot
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
$52,845
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
6.61%
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%
$1,056,900
$1.1M
Cap Rate 7%
$754,929
$754.9K
Cap Rate 9%
$587,167
$587.2K
Market Conditions
NOI Build-Up for 2,125 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
$79.1K $37.20/SF
− Vacancy
−$3.6K −$1.67/SF
EGI
$75.5K $35.53/SF
− OpEx
−$22.6K −$10.66/SF
NOI
$52.8K $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%
$1,056,900
Cap Rate 7%
$754,929
Cap Rate 9%
$587,167
Alternative Uses
Best Use
Multifamily LT 5
$754.9K
$660.6K – $880.8K
NOI $52,845 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$673.2K
$589.1K – $785.4K
NOI $47,124 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$1.01M
$887.2K – $1.18M
NOI $70,975 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,258
Businesses Nearby
Explore this area
Business Placement
Demographics for 10302, NY
20,931
Population
6,927
Households
3
Avg Household Size
35
Median Age
29%
College-Educated
85%
High-School Grad
1.2 sq mi
ZIP Area
17,443
Density / Sq Mi
$76,089
Median Household Income
$43,608
Median Earnings
$1,800
Median Rent
$586,300
Median Home Value
Check the figures for this property
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 - 2017 construction with a built-in garage, separate apartment layout, and updated interior finishes.
Where is this duplex located?
The property is located at 36 Riverside Lane Staten Island, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑family configuration with a 3‑bedroom duplex over a 1‑bedroom ground‑floor apartment; Constructed in 2017 with a built‑in garage; Approximately 2,125 square feet on a 0.0852‑acre lot
