Four-Bedroom Hi-Ranch
For Sale
$799,000
Pending
437 Katan Avenue, Staten Island, NY 10308
SINGLE_FAMILY - Staten Island, NY
Property Size2,132 SF
Lot Size0.07 Acres
Days on Market127
Property Features for 437 Katan Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Parking features
Driveway
Interior features
Walk-In Closet(s)
Fencing
Fenced
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot features
Front Yard, Back Yard, Side
Subdivision
Eltingville
Standard status
Pending
Size
2,132 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
7410
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1975
Floors in Building
2
Building materials
Brick, Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Fatmir Frank Selovic
(646) 267-8889
Added: May 7
Changed: Aug 2
Last Checked: Sep 10 at 4:06AM
MLS# 2602546
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 extra-large hi-ranch is a one-family home with four bedrooms and two bathrooms, featuring hardwood floors throughout. The layout includes a garage with access to the stairs leading to the upper level, plus a side entry. Level 1 offers a large entry foyer, an extra-large family room, a bedroom, and a utility and laundry room. Level 2 includes a living room, dining room, and an EIK, with three steps to a full bath. The upper level also has a master bedroom with a private bath and two additional bedrooms.
Updates noted include a new roof and a newer heating system, including a new boiler. The property also includes a garage and a large driveway.
Located in the Eltingville section of Staten Island, the home sits on a 0.0702-acre lot.
Updates noted include a new roof and a newer heating system, including a new boiler. The property also includes a garage and a large driveway.
Located in the Eltingville section of Staten Island, the home sits on a 0.0702-acre lot.
Key Highlights
- Extra‑large 22' x 53' hi‑ranch with 4 bedrooms and 2 bathrooms
- Large family room on level 1, plus additional bedroom, utility, and laundry room
- Level 2 features living room, dining room, and EIK with 3 steps to the full bath
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
$47,279
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
5.92%
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%
$945,580
$945.6K
Cap Rate 7%
$675,414
$675.4K
Cap Rate 9%
$525,322
$525.3K
Market Conditions
NOI Build-Up for 2,132 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
$89.5K $42.00/SF
− Vacancy
−$3.6K −$1.68/SF
EGI
$86.0K $40.32/SF
− OpEx
−$38.7K −$18.14/SF
NOI
$47.3K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
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%
$945,580
Cap Rate 7%
$675,414
Cap Rate 9%
$525,322
Alternative Uses
Best Use
Apartment 5plus
$675.4K
$591.0K – $788.0K
NOI $47,279 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$890.1K – $1.19M
NOI $71,209 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,069
Businesses Nearby
Explore this area
Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Extra-large hi-ranch offers four bedrooms, two baths, hardwood floors, and a garage with a large driveway.
Where is this single family property located?
The property is located at 437 Katan Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Extra‑large 22' x 53' hi‑ranch with 4 bedrooms and 2 bathrooms; Large family room on level 1, plus additional bedroom, utility, and laundry room; Level 2 features living room, dining room, and EIK with 3 steps to the full bath
