Renovated Two-Family
New
For Sale
$1,899,800
46 Carolyn Court, Staten Island, NY 10309
Residential Income, Staten Island, NY
Property Size3,800 SF
Lot Size0.23 Acres
Price / SF$499.95
Days on Market5
Property Features for 46 Carolyn Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 5, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 4
Parking features
Open, Driveway, Off Street
Security features
Security System
Patio and Porch features
Deck
Interior features
Walk-In Closet(s)
Basement
Finished, Full
Subdivision
Woodvale Homeowners
Lot features
Front Yard, Back Yard
Standard status
Active
APN
06787-0064
Size
3,800 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
14358
HOA Fee
$54 Annually
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Amenities
gourmet kitchen
crown moldings
coffered ceiling
primary suite
second-floor laundry room
central air conditioning
radiant-heated floors
finished basement
Sonos sound system
outdoor security cameras
Building Details
Year built
2000
Floors in Building
2
Number of units
1
Building materials
Brick, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Svetlana Noll · License #10301222590
(929) 433-9563
Added: Sep 1
Changed: Sep 4
Last Checked: Sep 5 at 3:06AM
MLS# 2604931
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 two-family Colonial residence is currently arranged for single-family use and offers 3,800 square feet with four bedrooms and five bathrooms. The home was renovated in 2025 and includes a Wolf and Sub-Zero-equipped kitchen, pantry, crown molding, a coffered family-room ceiling, and a primary suite with a five-piece bathroom and oversized walk-in closet. Multiple baseboard-heating zones, central air conditioning, and radiant-heated floors support year-round comfort. A second-floor laundry room, two-car garage, and finished basement with a three-quarter bathroom and separate backyard entrance add practical utility.
Set at 46 Carolyn Court in Staten Island, the property occupies a 0.2329-acre lot measuring 95 x 130. The private cul-de-sac setting includes a deck, driveway, open off-street parking, and a backyard. Additional improvements include a Sonos sound system serving the first floor, primary bathroom, and backyard, along with eight outdoor security cameras. The property is served by a septic tank and is zoned R3X.
Set at 46 Carolyn Court in Staten Island, the property occupies a 0.2329-acre lot measuring 95 x 130. The private cul-de-sac setting includes a deck, driveway, open off-street parking, and a backyard. Additional improvements include a Sonos sound system serving the first floor, primary bathroom, and backyard, along with eight outdoor security cameras. The property is served by a septic tank and is zoned R3X.
Key Highlights
- 3,800‑square‑foot two‑family home currently used as a single‑family residence
- Renovated in 2025 with Wolf and Sub‑Zero kitchen appliances
- Four bedrooms and five bathrooms, including a five‑piece primary 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
$94,499
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
4.97%
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%
$1,889,980
$1.9M
Cap Rate 7%
$1,349,986
$1.3M
Cap Rate 9%
$1,049,989
$1.0M
Market Conditions
NOI Build-Up for 3,800 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
$141.4K $37.20/SF
− Vacancy
−$6.4K −$1.67/SF
EGI
$135.0K $35.53/SF
− OpEx
−$40.5K −$10.66/SF
NOI
$94.5K $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%
$1,889,980
Cap Rate 7%
$1,349,986
Cap Rate 9%
$1,049,989
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.57M
NOI $94,499 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $84,269 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M
NOI $126,921 @ 7.0% cap · market cap 6.68%
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
476
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 - Brick Colonial residence with flexible two-family configuration, finished basement, private outdoor setting, and extensive 2025 improvements.
Where is this duplex located?
The property is located at 46 Carolyn Court Staten Island, NY.
What is the asking price?
The asking price for this property is $1,899,800.
What are key features of this property?
This property features: 3,800‑square‑foot two‑family home currently used as a single‑family residence; Renovated in 2025 with Wolf and Sub‑Zero kitchen appliances; Four bedrooms and five bathrooms, including a five‑piece primary bathroom
