Side-by-Side Duplex with
For Sale
$1,150,000
420 Kissel Avenue, Staten Island, NY 10301
Residential Income, Staten Island, NY
Property Size3,862 SF
Lot Size0.12 Acres
Price / SF$297.77
Days on Market99
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 2, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 3
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
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: Sep 17
Last Checked: Sep 18 at 12:06AM
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 3,862-square-foot side-by-side duplex was built in 1930 in a Colonial style. The primary residence includes a kitchen, central air conditioning, a roof approximately 8 years old, first-floor windows installed in 2021, a full bath, hardwood floors, a heated basement with a cloakroom and yard access, and a full walk-up attic. The property also includes a detached two-car garage, a two-car driveway, a patio, and a sprinkler system.
The second residence is a three-bedroom, one-bath duplex with separate utilities. Brick and vinyl siding frame the exterior, while natural gas heating and public sewer serve the property. The lot measures 0.1205 acres, and the property is zoned R3X.
The second residence is a three-bedroom, one-bath duplex with separate utilities. Brick and vinyl siding frame the exterior, while natural gas heating and public sewer serve the property. The lot measures 0.1205 acres, and the property is zoned R3X.
Key Highlights
- 3,862‑square‑foot side‑by‑side duplex on a 0.1205‑acre lot
- Second unit is a 3‑bedroom, 1‑bath duplex with separate utilities
- Detached 2‑car garage and 2‑car driveway
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
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Current Use
Lease Details
2
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 residences include a three-bedroom duplex, private utilities, central air, and a detached two-car garage.
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: 3,862‑square‑foot side‑by‑side duplex on a 0.1205‑acre lot; Second unit is a 3‑bedroom, 1‑bath duplex with separate utilities; Detached 2‑car garage and 2‑car driveway
