Spacious Duplex with Finished
New
For Sale
$1,299,999
454 Jefferson Ave, Staten Island, NY 10306
Three-level layout includes hardwood floors, garage parking, and a separate entrance serving flexible basement rooms.
Property Size3,496 SF
Days on Market6
Property Features for 454 Jefferson Ave
General Information
Standard status
Active
Size
3,496 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,012
Building Details
Building Size
3,496 SF
Year Built
1975
Buildings
1
Stories
3
Listing Agency:
Momentum Real Estate LLC
Listed By:
Priscilla Tran
(718) 382-0001
Source:
Elliman
Added: Sep 11
Changed: Sep 13
Last Checked: Sep 15 at 8:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Momentum Real Estate LLC
Investment Insights
Based on property information with market context.
This two-family residence, built in 1975, provides 10 bedrooms and 3 full bathrooms across a three-level layout. The first floor includes two bedrooms, a full bathroom, living room, and eat-in kitchen. The second floor has three bedrooms and one full bathroom, while the third floor adds five bedrooms and another full bathroom. Hardwood flooring and high ceilings run throughout the home.
A finished basement offers flexible-use rooms and a separate front entrance. Exterior features include a two-car driveway, garage, and backyard. The property is located at 454 Jefferson Ave in Staten Island, with shopping, dining, public transportation, and everyday amenities nearby. Walk Score is 81, Transit Score is 72, and Bike Score is 62.
A finished basement offers flexible-use rooms and a separate front entrance. Exterior features include a two-car driveway, garage, and backyard. The property is located at 454 Jefferson Ave in Staten Island, with shopping, dining, public transportation, and everyday amenities nearby. Walk Score is 81, Transit Score is 72, and Bike Score is 62.
Key Highlights
- 10 bedrooms and 3 full bathrooms
- Two‑family layout with three residential levels
- Finished basement with separate front entrance
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
$88,804
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
6.83%
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%
$1,776,080
$1.8M
Cap Rate 7%
$1,268,629
$1.3M
Cap Rate 9%
$986,711
$986.7K
Market Conditions
NOI Build-Up for 3,496 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
$134.2K $38.40/SF
− Vacancy
−$7.4K −$2.11/SF
EGI
$126.9K $36.29/SF
− OpEx
−$38.1K −$10.89/SF
NOI
$88.8K $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%
$1,776,080
Cap Rate 7%
$1,268,629
Cap Rate 9%
$986,711
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $88,804 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$1.13M
$986.4K – $1.32M
NOI $78,912 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,767 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,754
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Three-level layout includes hardwood floors, garage parking, and a separate entrance serving flexible basement rooms.
Where is this duplex located?
The property is located at 454 Jefferson Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: 10 bedrooms and 3 full bathrooms; Two‑family layout with three residential levels; Finished basement with separate front entrance
