Quadplex With Finished
For Sale
$1,199,999
Pending
382 Atlantic Ave, Staten Island, NY 10305
Four semi-attached residences feature upgraded interiors, private basements, and off-street parking for multiple vehicles.
Property Size1,900 SF
Days on Market280
Property Features for 382 Atlantic Ave
General Information
Standard status
Pending
Size
1,900 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Amenities
hardwood floors
recessed lighting
full brick facade
imported Italian Tiles
full finished basement
Building Details
Year Built
2026
Buildings
4
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Francis A Shearon · License #10301218348
Source:
Statenislandhomelistings
Added: Nov 23, 2025
Changed: Aug 29
Last Checked: Aug 30 at 6:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
This 2026-built quadplex comprises four semi-attached single-family residences in a custom development. Each home is arranged with four bedrooms on the top floor and four bathrooms, with hardwood flooring, recessed lighting, a full-brick facade, and imported Italian tile finishes. Finished basements provide additional interior space and separate side entrances. The homes are set on 25 x 100 lots with 19 x 50 building footprints, and the property includes off-street parking for multiple vehicles. No HOA fees are stated.
Located at 382 Atlantic Ave in Staten Island’s Dongan Hills, the development is situated minutes from the Verrazano Bridge. The address is 382 Atlantic Ave, Staten Island, NY 10305.
Located at 382 Atlantic Ave in Staten Island’s Dongan Hills, the development is situated minutes from the Verrazano Bridge. The address is 382 Atlantic Ave, Staten Island, NY 10305.
Key Highlights
- Four semi‑attached single‑family homes in one quadplex development
- 2026 construction with full‑brick facades
- Four bedrooms on the top floor and four bathrooms in each home
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
$49,885
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
4.16%
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%
$997,700
$997.7K
Cap Rate 7%
$712,643
$712.6K
Cap Rate 9%
$554,278
$554.3K
Market Conditions
NOI Build-Up for 1,900 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
$77.5K $40.80/SF
− Vacancy
−$6.3K −$3.29/SF
EGI
$71.3K $37.51/SF
− OpEx
−$21.4K −$11.25/SF
NOI
$49.9K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /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%
$997,700
Cap Rate 7%
$712,643
Cap Rate 9%
$554,278
Alternative Uses
Best Use
Multifamily LT 5
$712.6K
$623.6K – $831.4K
NOI $49,885 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$655.7K
$573.7K – $764.9K
NOI $45,896 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$906.6K
$793.3K – $1.06M
NOI $63,460 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,481
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
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?
Quadplex - Four semi-attached residences feature upgraded interiors, private basements, and off-street parking for multiple vehicles.
Where is this quadplex located?
The property is located at 382 Atlantic Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Four semi‑attached single‑family homes in one quadplex development; 2026 construction with full‑brick facades; Four bedrooms on the top floor and four bathrooms in each home
