Stone-Front Duplex with Finished
New
For Sale
$1,290,000
3985 Victory Boulevard, Staten Island, NY 10314
Residential, Duplex, Staten Island, NY
Property Size2,867 SF
Lot Size0.13 Acres
Price / SF$449.95
Days on Market3
Property Features for 3985 Victory Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3A
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 3
Patio and Porch features
Patio, Deck
Interior features
A/C Unit - Wall, A/C Unit - Window, Alarm, Deck, Dishwasher, Dryer, Fireplace, Laundry Area, Microwave, Patio Garden, Refrigerator, Stove
Fireplace
1
Basement
Finished, Full
Subdivision
Travis
Standard status
Active
Size
2,867 SF
Lot size
0.13 Acres
Amenities
wood-burning fireplace
wraparound deck
laundry room
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Ceramic
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
Gama Group LLC
Listed By:
Ameer Hamdan
(718) 717-7727
Added: Aug 31
Changed: Sep 1
Last Checked: Sep 2 at 12:06PM
MLS# 504181
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 stone-front duplex at 3985 Victory Boulevard is arranged as a four-bedroom, four-bathroom two-family home and is currently used as one residence. The property provides 2,867 square feet above grade, along with a finished basement extending across the home's length and a finished attic. Interior features include two eat-in kitchens, several living areas, hardwood and ceramic flooring, laundry, wall and window A/C units, and a wood-burning fireplace. The second-floor rear portion has a separate stairway, bedroom, bathroom, and enclosed balcony, while the front portion includes another kitchen, living room, bedroom, bathroom, balcony, and attic access.
Set on a 0.1304-acre lot, the property includes brick-paver parking at the front, a wraparound deck, patio space, and a rear yard. It was built in 1925 and carries R3A zoning. The address is near major shopping and highway access in Travis, Staten Island.
Set on a 0.1304-acre lot, the property includes brick-paver parking at the front, a wraparound deck, patio space, and a rear yard. It was built in 1925 and carries R3A zoning. The address is near major shopping and highway access in Travis, Staten Island.
Key Highlights
- 2,867 square feet above grade with a finished full‑length basement and finished attic
- 0.1304‑acre lot with wraparound deck, patio, rear yard, and parking for several cars
- Four‑bedroom, four‑bathroom two‑family layout
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
$78,197
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
6.06%
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%
$1,563,940
$1.6M
Cap Rate 7%
$1,117,100
$1.1M
Cap Rate 9%
$868,856
$868.9K
Market Conditions
NOI Build-Up for 2,867 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
$117.0K $40.80/SF
− Vacancy
−$5.3K −$1.84/SF
EGI
$111.7K $38.96/SF
− OpEx
−$33.5K −$11.69/SF
NOI
$78.2K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
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%
$1,563,940
Cap Rate 7%
$1,117,100
Cap Rate 9%
$868,856
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$977.5K – $1.30M
NOI $78,197 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$1.04M
$906.4K – $1.21M
NOI $72,510 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,758 @ 7.0% cap · market cap 7.42%
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
545
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two kitchens, multiple living areas, and substantial outdoor space support flexible two-family living.
Where is this duplex located?
The property is located at 3985 Victory Boulevard Staten Island, NY.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 2,867 square feet above grade with a finished full‑length basement and finished attic; 0.1304‑acre lot with wraparound deck, patio, rear yard, and parking for several cars; Four‑bedroom, four‑bathroom two‑family layout
