Two-Car Detached Garage
For Sale
$790,000
Pending
43 Rockland Avenue, Staten Island, NY 10306
MULTI_FAMILY - Contemporary - Staten Island, NY
Property Size2,250 SF
Lot Size0.14 Acres
Days on Market132
Property Features for 43 Rockland Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 6
Parking features
Open, Garage, Driveway
Fencing
Fenced
Basement
Full, Unfinished
Lot features
Back Yard
Subdivision
High Rock
Standard status
Pending
APN
950-13
Size
2,250 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
7405
Utilities
Sewer type
Public Sewer
Heating system
Steam, Electric (Heating), Oil
Building Details
Year built
1935
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Contemporary
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Jimmy Samaha
(718) 987-7900
Added: Apr 15
Changed: Aug 5
Last Checked: Aug 24 at 9:06AM
MLS# 2601988
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.
43 Rockland Avenue is a contemporary, two-family semi-attached duplex on a 0.1383-acre lot in Staten Island, NY. Built in 1935 with vinyl siding, the property totals 2,250 SF and includes a full unfinished basement for storage or future use.
The first unit offers 2 bedrooms and a full bathroom. The second unit offers 4 bedrooms and a full bathroom. Exterior features include a fenced backyard with plenty of land, along with a detached two-car garage that has been recently renovated on the interior.
Recent updates include new windows, an electric heating system, and a newer water heater. The home is heated with steam and oil plus electric (heating), and it is served by public sewer. A bus stop is directly in front of the property, with shopping, public transportation, and High Rock Park nearby.
The first unit offers 2 bedrooms and a full bathroom. The second unit offers 4 bedrooms and a full bathroom. Exterior features include a fenced backyard with plenty of land, along with a detached two-car garage that has been recently renovated on the interior.
Recent updates include new windows, an electric heating system, and a newer water heater. The home is heated with steam and oil plus electric (heating), and it is served by public sewer. A bus stop is directly in front of the property, with shopping, public transportation, and High Rock Park nearby.
Key Highlights
- Duplex on a 0.1383‑acre lot with 2,250 SF total area
- Two‑family semi‑attached layout with first unit: 2 bedrooms and 1 full bathroom
- Second unit: 4 bedrooms and 1 full bathroom
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
$57,154
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
7.23%
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%
$1,143,080
$1.1M
Cap Rate 7%
$816,486
$816.5K
Cap Rate 9%
$635,044
$635.0K
Market Conditions
NOI Build-Up for 2,250 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
$86.4K $38.40/SF
− Vacancy
−$4.8K −$2.11/SF
EGI
$81.6K $36.29/SF
− OpEx
−$24.5K −$10.89/SF
NOI
$57.2K $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 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%
$1,143,080
Cap Rate 7%
$816,486
Cap Rate 9%
$635,044
Alternative Uses
Best Use
Multifamily LT 5
$816.5K
$714.4K – $952.6K
NOI $57,154 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$725.5K
$634.8K – $846.5K
NOI $50,787 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$1.07M
$939.4K – $1.25M
NOI $75,151 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Explore this area
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
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-family semi-attached duplex zoned R2 with 2-bedroom and 4-bedroom units, full unfinished basement, and a detached two-car garage.
Where is this duplex located?
The property is located at 43 Rockland Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Duplex on a 0.1383‑acre lot with 2,250 SF total area; Two‑family semi‑attached layout with first unit: 2 bedrooms and 1 full bathroom; Second unit: 4 bedrooms and 1 full bathroom
