Brick and Vinyl-Sided
For Sale
$1,200,000
41 Pine Street, Staten Island, NY 10301
Two separate four-bedroom units feature formal dining rooms, eat-in kitchens, and full basements for added flexibility.
Property Size2,640 SF
Price / SF$454.55
Days on Market296
Property Features for 41 Pine Street
General Information
Standard status
Active
Size
2,640 SF
Property subtype
MultiFamily
Zoning
R3 A
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,500
Amenities
Eat In
Full Bath
4
Gas
Forced Air
Formal
.00
Partially Finished
Full
Central
Brick, Vinyl Siding
Building Details
Year Built
2025
Listing Agency:
Hall Homes Realty, Inc.
(917) 886-5459
Listed By:
Daniel G Hall · License #31HA1062029
(917) 886-5459
Source:
Compass
Added: Nov 8, 2025
Changed: Aug 29
Last Checked: Aug 31 at 12:33AM
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 Hall Homes Realty, Inc.
Investment Insights
Based on property information with market context.
This two-family duplex includes two residential units, each with four bedrooms, a living room, formal dining area, and eat-in kitchen. The property also provides full basement space, with a partially finished area and potential for accessory dwelling unit use or extended-family accommodations as described. Interior features include full baths, gas service, forced-air heat, and central air conditioning. Exterior construction combines brick and vinyl siding, and the home was built in 2025.
Located at 41 Pine Street in Staten Island, the property is near shopping, schools, and transportation. R3 A zoning supports the property's two-family configuration as presented in the listing information.
Located at 41 Pine Street in Staten Island, the property is near shopping, schools, and transportation. R3 A zoning supports the property's two-family configuration as presented in the listing information.
Key Highlights
- Two‑family duplex with 4 bedrooms in each unit
- Each unit includes a living room, formal dining area, and eat‑in kitchen
- Full basement with partially finished space
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
$65,652
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
5.47%
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%
$1,313,040
$1.3M
Cap Rate 7%
$937,886
$937.9K
Cap Rate 9%
$729,467
$729.5K
Market Conditions
NOI Build-Up for 2,640 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
$98.2K $37.20/SF
− Vacancy
−$4.4K −$1.67/SF
EGI
$93.8K $35.53/SF
− OpEx
−$28.1K −$10.66/SF
NOI
$65.7K $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%
$1,313,040
Cap Rate 7%
$937,886
Cap Rate 9%
$729,467
Alternative Uses
Best Use
Multifamily LT 5
$937.9K
$820.7K – $1.09M
NOI $65,652 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$836.4K
$731.8K – $975.8K
NOI $58,545 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,177 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
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 separate four-bedroom units feature formal dining rooms, eat-in kitchens, and full basements for added flexibility.
Where is this duplex located?
The property is located at 41 Pine Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑family duplex with 4 bedrooms in each unit; Each unit includes a living room, formal dining area, and eat‑in kitchen; Full basement with partially finished space
