Duplex With In-Ground
For Sale
$1,080,000
45 Sharrotts Road, Staten Island, NY 10309
MULTI_FAMILY - Staten Island, NY
Property Size3,200 SF
Lot Size0.30 Acres
Price / SF$337.50
Days on Market9
Property Features for 45 Sharrotts Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 3
Parking features
Garage
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Woodrow
Standard status
Active
Size
3,200 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Annual Amount
8764
Amenities
in-ground pool
Building Details
Year built
1966
Floors in Building
2
Flooring type
Hardwood, Tile
Building materials
Wood Frame
Listing Agency:
ProBase Real Estate
(718) 210-2727
Listed By:
JiaJie (Kai) Zheng
(718) 210-2727
Added: Aug 5
Changed: Aug 13
Last Checked: Aug 13 at 11:06PM
MLS# 503542
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 1966 wood-frame duplex provides approximately 3,200 square feet across two residential units. The main home includes two living rooms, a formal dining room, a kitchen with backyard access, and a finished basement. Its upper level contains three bedrooms, including a primary suite with a private bath and Jacuzzi, along with 2.5 bathrooms overall. A separate ground-level apartment adds two bedrooms.
The property occupies a 0.303-acre lot measuring 66' x 200' and includes an in-ground pool, private driveway, and garage parking. Hardwood and tile flooring are complemented by a refrigerator and stove. Located on Sharrotts Road in Staten Island, the property is near shopping, schools, restaurants, and transportation.
The property occupies a 0.303-acre lot measuring 66' x 200' and includes an in-ground pool, private driveway, and garage parking. Hardwood and tile flooring are complemented by a refrigerator and stove. Located on Sharrotts Road in Staten Island, the property is near shopping, schools, restaurants, and transportation.
Key Highlights
- Two‑family layout with a 3‑bedroom main residence and 2‑bedroom ground‑level apartment
- Approximately 3,200 square feet of residential space
- 0.303‑acre lot measuring 66' x 200'
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
$79,578
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
7.37%
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%
$1,591,560
$1.6M
Cap Rate 7%
$1,136,829
$1.1M
Cap Rate 9%
$884,200
$884.2K
Market Conditions
NOI Build-Up for 3,200 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
$119.0K $37.20/SF
− Vacancy
−$5.4K −$1.67/SF
EGI
$113.7K $35.53/SF
− OpEx
−$34.1K −$10.66/SF
NOI
$79.6K $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%
$1,591,560
Cap Rate 7%
$1,136,829
Cap Rate 9%
$884,200
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$994.7K – $1.33M
NOI $79,578 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$1.01M
$887.0K – $1.18M
NOI $70,963 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,881 @ 7.0% cap · market cap 9.90%
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
267
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
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-unit property includes a finished basement, private driveway, and backyard pool.
Where is this duplex located?
The property is located at 45 Sharrotts Road Staten Island, NY.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Two‑family layout with a 3‑bedroom main residence and 2‑bedroom ground‑level apartment; Approximately 3,200 square feet of residential space; 0.303‑acre lot measuring 66' x 200'
