Detached Two-Family
New
For Sale
$1,289,888
3877 Hylan Boulevard, Staten Island, NY 10308
Fully detached duplex with flexible living areas, private parking, and a high-ceiling basement for additional space.
Property Size3,168 SF
Lot Size0.17 Acres
Price / SF$407.16
Days on Market4
Property Features for 3877 Hylan Boulevard
General Information
Standard status
Active
Size
3,168 SF
Lot size
0.17 Acres
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
1975
Buildings
1
Stories
2
Listing Agency:
RE/MAX Real Estate Professiona
(347) 668-9809
Listed By:
Alan S. Ng · License #an6891
Source:
Remaxedgenyc
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 26 at 5:15AM
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 RE/MAX Real Estate Professiona
Investment Insights
Based on property information with market context.
This fully detached two-family duplex occupies a corner parcel and offers a two-story main residence with adaptable interior space. The first level includes formal living and dining rooms, a family room, full bath, and large eat-in kitchen with a separate dining area. Upstairs are five bedrooms and two full baths. A second unit can be integrated with the duplex to create one continuous layout, while the expansive high-ceiling basement provides additional space that may be finished.
The property sits on a 90' x 81' corner lot with a 65' x 45' building footprint, substantial frontage, outdoor areas, and private parking. It is located near retail and food shopping, restaurants, beaches, parks, playgrounds, Great Kills Harbour, and the marina. Multiple express bus options to Manhattan operate along Hylan Blvd. Walk Score is 76, Transit Score is 57, and Bike Score is 51. Built in 1975.
The property sits on a 90' x 81' corner lot with a 65' x 45' building footprint, substantial frontage, outdoor areas, and private parking. It is located near retail and food shopping, restaurants, beaches, parks, playgrounds, Great Kills Harbour, and the marina. Multiple express bus options to Manhattan operate along Hylan Blvd. Walk Score is 76, Transit Score is 57, and Bike Score is 51. Built in 1975.
Key Highlights
- Fully detached two‑family duplex on a 90' x 81' corner lot
- 65' x 45' building with a two‑story main residence
- Five bedrooms and 2 full baths on the second floor
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
$78,782
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
6.11%
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%
$1,575,640
$1.6M
Cap Rate 7%
$1,125,457
$1.1M
Cap Rate 9%
$875,356
$875.4K
Market Conditions
NOI Build-Up for 3,168 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
$117.8K $37.20/SF
− Vacancy
−$5.3K −$1.67/SF
EGI
$112.5K $35.53/SF
− OpEx
−$33.8K −$10.66/SF
NOI
$78.8K $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%
$1,575,640
Cap Rate 7%
$1,125,457
Cap Rate 9%
$875,356
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$984.8K – $1.31M
NOI $78,782 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$1.00M
$878.2K – $1.17M
NOI $70,254 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,812 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,036
Businesses Nearby
Explore this area
Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
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 - Fully detached duplex with flexible living areas, private parking, and a high-ceiling basement for additional space.
Where is this duplex located?
The property is located at 3877 Hylan Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $1,289,888.
What are key features of this property?
This property features: Fully detached two‑family duplex on a 90' x 81' corner lot; 65' x 45' building with a two‑story main residence; Five bedrooms and 2 full baths on the second floor
