New Construction Duplex with Finished
For Sale
$1,199,999
Pending
4691 Amboy Rd, Staten Island, NY 10312
Two three-bedroom residences offer separate living areas, modern kitchens, and efficient layouts for multifamily ownership.
Property Size2,600 SF
Lot Size0.10 Acres
Days on Market234
Property Features for 4691 Amboy Rd
General Information
Standard status
Pending
Size
2,600 SF
Lot size
0.10 Acres
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/3BA, 1 x 3BR/2BA
Multifamily Units
2
Additional Details
Sprinkler System
Yes
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Berkshire Hathaway HomeService Cangiano Estates
Listed By:
Robert Masucci · License #10401378047
(718) 605-5800
Source:
Statenislandhomelistings
Added: Jan 12
Changed: Aug 31
Last Checked: Aug 30 at 6:13PM
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 Berkshire Hathaway HomeService Cangiano Estates
Investment Insights
Based on property information with market context.
This new-construction duplex contains 2,600 square feet on a 4,420-square-foot lot, with two three-bedroom residences. Unit A includes one full bath, two three-quarter baths, and a finished basement suited to additional living or recreational space. Unit B provides one full bath and one three-quarter bath. Both units feature formal living and dining areas, eat-in kitchens, hardwood flooring across the main levels, tiled bathrooms, wood cabinetry, granite counters, and stainless steel appliances.
The building has a cultured stone and vinyl-sided exterior, concrete driveway, sodded grounds, exterior entry lighting, aluminum gutters and railings, and insulated entry doors. Interior specifications include 9-foot ceilings on the first and second floors, 8-foot basement ceilings, second-floor and basement laundry areas, central air, high-efficiency forced-air heat, 200-amp electrical service, R-38 ceiling insulation, R-21 wall insulation, and a fire sprinkler system. The property is EV-charger ready and located near shops and transportation in Staten Island.
The building has a cultured stone and vinyl-sided exterior, concrete driveway, sodded grounds, exterior entry lighting, aluminum gutters and railings, and insulated entry doors. Interior specifications include 9-foot ceilings on the first and second floors, 8-foot basement ceilings, second-floor and basement laundry areas, central air, high-efficiency forced-air heat, 200-amp electrical service, R-38 ceiling insulation, R-21 wall insulation, and a fire sprinkler system. The property is EV-charger ready and located near shops and transportation in Staten Island.
Key Highlights
- New construction completed in 2026
- 2,600 square feet on a 4,420‑square‑foot lot
- Two three‑bedroom residences with separate living and dining areas
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
$64,248
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
5.35%
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%
$1,284,960
$1.3M
Cap Rate 7%
$917,829
$917.8K
Cap Rate 9%
$713,867
$713.9K
Market Conditions
NOI Build-Up for 2,600 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
$99.8K $38.40/SF
− Vacancy
−$8.1K −$3.10/SF
EGI
$91.8K $35.30/SF
− OpEx
−$27.5K −$10.59/SF
NOI
$64.2K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
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%
$1,284,960
Cap Rate 7%
$917,829
Cap Rate 9%
$713,867
Alternative Uses
Best Use
Multifamily LT 5
$917.8K
$803.1K – $1.07M
NOI $64,248 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$807.5K
$706.6K – $942.1K
NOI $56,525 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,841 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
905
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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 three-bedroom residences offer separate living areas, modern kitchens, and efficient layouts for multifamily ownership.
Where is this duplex located?
The property is located at 4691 Amboy Rd Staten Island, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: New construction completed in 2026; 2,600 square feet on a 4,420‑square‑foot lot; Two three‑bedroom residences with separate living and dining areas
