Detached Duplex with Built-In
New
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 Market2
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 2, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 3, Bathroom 1, 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) 612-3088
Added: Aug 25
Changed: Aug 26
Last Checked: Aug 26 at 10:06AM
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.
Built in 2017, this fully detached two-family property offers a three-bedroom duplex above a one-bedroom ground-floor apartment. The approximately 2,125-square-foot residence includes a built-in garage, four bathrooms, spacious bedrooms, solid hardwood flooring, granite countertops, stainless steel appliances, and oversized windows. Central heating and cooling serve the home, which is described in excellent condition.
The property occupies a 33-by-112-foot lot in Elm Park, Staten Island, with access to major highways and bridges for regional commuting. Its two-unit layout provides a defined primary residence and an additional apartment within the same building.
The property occupies a 33-by-112-foot lot in Elm Park, Staten Island, with access to major highways and bridges for regional commuting. Its two-unit layout provides a defined primary residence and an additional apartment within the same building.
Key Highlights
- 2017 construction with approximately 2,125 square feet
- Three‑bedroom duplex over a one‑bedroom ground‑floor apartment
- Fully detached two‑family property
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
Property Profile
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
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 - Two-family property with a three-bedroom duplex, one-bedroom ground-floor apartment, and central heating and cooling.
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: 2017 construction with approximately 2,125 square feet; Three‑bedroom duplex over a one‑bedroom ground‑floor apartment; Fully detached two‑family property
