10-Bedroom Duplex with Finished
New
For Sale
$1,299,999
454 Jefferson Avenue, Staten Island, NY 10306
Residential, Staten Island, NY
Property Size3,496 SF
Lot Size0.13 Acres
Price / SF$371.85
Days on Market1
Property Features for 454 Jefferson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Garage
Basement
Full, Finished
Subdivision
Midland Beach
Standard status
Active
Size
3,496 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
10012
Building Details
Year built
1975
Floors in Building
3
Number of units
3
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Momentum Real Estate LLC
Listed By:
Leo Chen
(718) 382-0001
Added: Sep 9
Last Checked: Sep 9 at 8:06PM
MLS# 504361
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 3,496-square-foot duplex is arranged as a two-family residence with 10 bedrooms and 3 full bathrooms. The first floor includes two bedrooms, a bathroom, living room, and eat-in kitchen; the second floor has three bedrooms and a bathroom; the third floor adds five bedrooms and a bathroom. Hardwood flooring, high ceilings, brick construction, and a fully finished basement with a separate front entrance complete the interior configuration.
The property occupies 0.1344 acres and was built in 1975. Exterior features include a two-car driveway, garage parking, a flat roof, and a large backyard. R3-1 zoning applies to the property, which is located in Staten Island, NY 10306.
The property occupies 0.1344 acres and was built in 1975. Exterior features include a two-car driveway, garage parking, a flat roof, and a large backyard. R3-1 zoning applies to the property, which is located in Staten Island, NY 10306.
Key Highlights
- 10 bedrooms and 3 full bathrooms
- 3,496 square feet on 0.1344 acres
- Three‑floor layout with 2, 3, and 5 bedrooms by level
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
Check the figures for this property
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 - Brick two-family residence with hardwood flooring, garage parking, and a finished basement with a separate entrance.
Where is this duplex located?
The property is located at 454 Jefferson Avenue 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; 3,496 square feet on 0.1344 acres; Three‑floor layout with 2, 3, and 5 bedrooms by level
