Side-by-Side Duplex with Central
For Sale
$1,150,000
420 Kissel Avenue, Staten Island, NY 10301
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,862 SF
Lot Size0.12 Acres
Price / SF$297.77
Days on Market74
Property Features for 420 Kissel Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Parking features
Driveway
Security features
Security System
Patio and Porch features
Patio
Basement
Full
Lot features
Front Yard, Back Yard
Subdivision
Randall Manor
Standard status
Active
Size
3,862 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
8730
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Amenities
Standout Kitchen
New Central Air
Newer Full Bath
Hardwood Floors
Large Basement
Full Walk Up Attic
Cloakroom
Door To Yard
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
AMR Properties
(718) 966-1700
Listed By:
Ann Marie Rini
(917) 363-4284
Added: Jun 12
Changed: Aug 2
Last Checked: Aug 24 at 2:06PM
MLS# 2603024
Copyright © 2026 Staten Island Board of Realtors. 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 side-by-side duplex in a Colonial architectural style offers two-family living with separate utility setups for the second unit, providing flexibility for income or extended family use. The main house features a standout kitchen, hardwood floors, and a large, hi-and-dry basement with heat that lends itself to finishing. The home also includes a cloakroom and a door to the yard, plus a full walk-up attic for additional space.
Updates and key systems include new central air, a new roof (approximately 8 years old), and newer full bath and windows on the first floor (2021). The second unit is a three-bedroom, one-bath duplex with separate utilities. Heating is natural gas and cooling is central air.
The property is built with brick and vinyl siding and includes a detached two-car garage and a two-car driveway, along with a patio. Public sewer is available.
Updates and key systems include new central air, a new roof (approximately 8 years old), and newer full bath and windows on the first floor (2021). The second unit is a three-bedroom, one-bath duplex with separate utilities. Heating is natural gas and cooling is central air.
The property is built with brick and vinyl siding and includes a detached two-car garage and a two-car driveway, along with a patio. Public sewer is available.
Key Highlights
- Side‑by‑side two‑family duplex with separate utilities for the second unit
- Main house features standout kitchen, hardwood floors, and newer full bath
- New central air and new roof (approx 8 years), plus first‑floor windows updated in 2021
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
$96,041
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
8.35%
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%
$1,920,820
$1.9M
Cap Rate 7%
$1,372,014
$1.4M
Cap Rate 9%
$1,067,122
$1.1M
Market Conditions
NOI Build-Up for 3,862 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
$143.7K $37.20/SF
− Vacancy
−$6.5K −$1.67/SF
EGI
$137.2K $35.53/SF
− OpEx
−$41.2K −$10.66/SF
NOI
$96.0K $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%
$1,920,820
Cap Rate 7%
$1,372,014
Cap Rate 9%
$1,067,122
Alternative Uses
Best Use
Multifamily LT 5
$1.37M
$1.20M – $1.60M
NOI $96,041 @ 7.0% cap · market cap 8.35%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.43M
NOI $85,644 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,992 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,406
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Colonial-style side-by-side duplex with central air, detached two-car garage, patio, and public utilities in Staten Island.
Where is this duplex located?
The property is located at 420 Kissel Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Side‑by‑side two‑family duplex with separate utilities for the second unit; Main house features standout kitchen, hardwood floors, and newer full bath; New central air and new roof (approx 8 years), plus first‑floor windows updated in 2021
