Duplex with Private
For Sale
$2,200,000
Pending
4 Grace Rd, Staten Island, NY 10306
A separate two-bedroom apartment includes two bathrooms, a kitchenette, and its own living room.
Property Size6,200 SF
Lot Size0.21 Acres
Days on Market53
Property Features for 4 Grace Rd
General Information
Standard status
Pending
Size
6,200 SF
Elevators
Yes
Lot size
0.21 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
fireplace
movie theater
gym
wine cellar
wet bar
outdoor kitchen
patio awning
generator
radiant heat
central air conditioning
hardwood floors
walk-in closets
steam feature
craft room
playroom
laundry room
Building Details
Year Built
2008
Buildings
1
Construction
brick
Listing Agency:
DiTommaso Real Estate
Listed By:
Kathleen Barzal · License #40BA1047347
(917) 648-5279
Source:
Statenislandhomelistings
Added: Sep 5
Changed: Oct 25
Last Checked: Oct 26 at 4:19PM
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 DiTommaso Real Estate
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Investment Insights
Based on property information with market context.
Built in 2008, this 6,200-square-foot duplex sits on a 9,000-square-foot lot. The main residence includes a primary suite, office or bedroom, formal dining room, and a custom kitchen equipped with a 60-inch Viking stove, Sub-Zero refrigerator, and three dishwashers. A separate apartment on the second floor has two bedrooms, two bathrooms, a kitchenette, and a living room.
Finished basement space includes a theater, gym, wine cellar, craft room, playroom, wet bar, full bathroom with steam feature, and laundry. An elevator connects the basement to the finished attic. Brazilian cherry floors, 21-zone radiant heat, five-zone AC/heat, and a natural gas generator are additional features.
Outdoor amenities include a paved backyard with a kitchen and patio awning. Parking and workspace are provided by an oversized driveway, attached two-car garage, separate garage/workshop, and side carport. The roof carries a lifetime warranty.
Finished basement space includes a theater, gym, wine cellar, craft room, playroom, wet bar, full bathroom with steam feature, and laundry. An elevator connects the basement to the finished attic. Brazilian cherry floors, 21-zone radiant heat, five-zone AC/heat, and a natural gas generator are additional features.
Outdoor amenities include a paved backyard with a kitchen and patio awning. Parking and workspace are provided by an oversized driveway, attached two-car garage, separate garage/workshop, and side carport. The roof carries a lifetime warranty.
Key Highlights
- 6,200‑square‑foot duplex on a 9,000‑square‑foot lot
- Second‑floor apartment with two bedrooms, two bathrooms, kitchenette, and living room
- Elevator access from basement through finished attic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$157,490
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,149,800
$3.1M
Cap Rate 7%
$2,249,857
$2.2M
Cap Rate 9%
$1,749,889
$1.7M
Market Conditions
NOI Build-Up for 6,200 SF
Gross rent
$238.1K $38.40/SF
− Vacancy
−$13.1K −$2.11/SF
EGI
$225.0K $36.29/SF
− OpEx
−$67.5K −$10.89/SF
NOI
$157.5K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,149,800
Cap Rate 7%
$2,249,857
Cap Rate 9%
$1,749,889
Alternative Uses
Best Use
Multifamily LT 5
$2.25M
$1.97M – $2.62M
NOI $157,490 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$2.00M
$1.75M – $2.33M
NOI $139,946 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,081 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,300
Businesses Nearby
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Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate two-bedroom apartment includes two bathrooms, a kitchenette, and its own living room.
Where is this duplex located?
The property is located at 4 Grace Rd Staten Island, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 6,200‑square‑foot duplex on a 9,000‑square‑foot lot; Second‑floor apartment with two bedrooms, two bathrooms, kitchenette, and living room; Elevator access from basement through finished attic
