Two-Unit Duplex with
For Sale
$799,000
46 Coale Avenue, Staten Island, NY 10314
Flexible two-level layout includes separate living areas, kitchens, bedrooms, bathrooms, and direct garage-to-basement access.
Property Size1,428 SF
Days on Market8
Property Features for 46 Coale Avenue
General Information
Standard status
Active
Size
1,428 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$6,864
Building Details
Building Size
1,428 SF
Year Built
1950
Listing Agency:
Tom Crimmins Realty, Ltd.
(718) 370-3200
Listed By:
Joyce Yu · License #10401261341
Source:
Wonicarealtors
Added: Aug 17
Changed: Aug 22
Last Checked: Aug 23 at 8:39AM
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 Tom Crimmins Realty, Ltd.
Investment Insights
Based on property information with market context.
This duplex property, built in 1950, offers a flexible two-level arrangement with distinct living areas. The first level includes a combined living and dining area, two bedrooms, a full bathroom, and a sunroom. The upper level adds a living room, eat-in kitchen, bedroom, and full bathroom. A spacious family room expands the interior living area.
The basement provides utility and storage space, an additional bathroom, and direct access to the garage. The property is in the Castleton Corners neighborhood of Staten Island, with shopping, dining, transportation, and other neighborhood amenities nearby.
The basement provides utility and storage space, an additional bathroom, and direct access to the garage. The property is in the Castleton Corners neighborhood of Staten Island, with shopping, dining, transportation, and other neighborhood amenities nearby.
Key Highlights
- Duplex classification with two distinct residential living areas
- First level includes two bedrooms, full bathroom, living/dining area, and sunroom
- Upper level features a bedroom, living room, eat‑in kitchen, and full 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
$38,948
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
4.87%
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%
$778,960
$779.0K
Cap Rate 7%
$556,400
$556.4K
Cap Rate 9%
$432,756
$432.8K
Market Conditions
NOI Build-Up for 1,428 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
$58.3K $40.80/SF
− Vacancy
−$2.6K −$1.84/SF
EGI
$55.6K $38.96/SF
− OpEx
−$16.7K −$11.69/SF
NOI
$38.9K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
Lease Rate
$40.80 /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%
$778,960
Cap Rate 7%
$556,400
Cap Rate 9%
$432,756
Alternative Uses
Best Use
Multifamily LT 5
$556.4K
$486.9K – $649.1K
NOI $38,948 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$515.9K
$451.5K – $601.9K
NOI $36,116 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$681.4K
$596.2K – $794.9K
NOI $47,696 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,242
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
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 - Flexible two-level layout includes separate living areas, kitchens, bedrooms, bathrooms, and direct garage-to-basement access.
Where is this duplex located?
The property is located at 46 Coale 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: Duplex classification with two distinct residential living areas; First level includes two bedrooms, full bathroom, living/dining area, and sunroom; Upper level features a bedroom, living room, eat‑in kitchen, and full bathroom
