Detached Two-Family Residence with
For Sale
Contact for pricing
Pending
47 Liberty Avenue, Staten Island, NY 10304
Detached two-family home featuring a main house with three-quarter baths, a side-entrance apartment, and a heated saltwater pool.
Property Size2,150 SF
Days on Market55
Property Features for 47 Liberty Avenue
General Information
Standard status
Pending
Size
2,150 SF
Total Parking Spaces
2
Property subtype
Multifamily
Zoning
R3X
Additional Details
Multifamily Units
2
Building Details
Year Built
1925
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Elaine Messi · License #10401288018
(718) 987-7900
Source:
Crexi
Added: Jul 15
Changed: Aug 13
Last Checked: Aug 12 at 10:53AM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
This detached two-family residence includes a spacious main home with three bedrooms, including a primary suite with a private three-quarter bath, plus an additional bedroom with its own three-quarter bath. The open-concept living, dining, and designer kitchen area is centered by a custom fireplace. The kitchen features quartz countertops, a custom island, soft-close cabinetry, and porcelain tile flooring. A full walk-up attic adds flexible storage or future possibilities. Smart-home LED lighting is controlled via smartphone, and custom closets and built-in storage are throughout. The primary and secondary bathrooms include heated smart toilets with bidet functions and Bluetooth connectivity.
The private side-entrance apartment offers recessed lighting, marble tile flooring, a finished three-quarter bathroom, and in-unit laundry with a Kenmore Elite washer and dryer. The apartment also includes a surveillance system and a Trion electronic air cleaner.
Outside, the fully paved yard is built for entertaining with a heated saltwater pool (with a custom sun shelf and a brand-new liner), decorative fountain, LED landscape lighting, and a gazebo. A fully equipped outdoor kitchen includes granite countertops and a built-in grill setup with cooktop, sink, exhaust hood, ceiling fan, lighting, and shade. A fully paved two-car driveway completes the property.
The private side-entrance apartment offers recessed lighting, marble tile flooring, a finished three-quarter bathroom, and in-unit laundry with a Kenmore Elite washer and dryer. The apartment also includes a surveillance system and a Trion electronic air cleaner.
Outside, the fully paved yard is built for entertaining with a heated saltwater pool (with a custom sun shelf and a brand-new liner), decorative fountain, LED landscape lighting, and a gazebo. A fully equipped outdoor kitchen includes granite countertops and a built-in grill setup with cooktop, sink, exhaust hood, ceiling fan, lighting, and shade. A fully paved two-car driveway completes the property.
Key Highlights
- Detached two‑family residence built in 1925 with a main house and a private side‑entrance apartment
- Main house offers 3 bedrooms, including a primary suite with a three‑quarter bath, plus a kitchen with quartz countertops and soft‑close cabinetry
- Heated saltwater pool with custom sun shelf and brand‑new liner, set in a backyard with LED landscape lighting, gazebo, and decorative fountain
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
$53,128
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
4.43%
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%
$1,062,560
$1.1M
Cap Rate 7%
$758,971
$759.0K
Cap Rate 9%
$590,311
$590.3K
Market Conditions
NOI Build-Up for 2,150 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
$82.6K $38.40/SF
− Vacancy
−$6.7K −$3.10/SF
EGI
$75.9K $35.30/SF
− OpEx
−$22.8K −$10.59/SF
NOI
$53.1K $24.71/SF
Area
ZIP 10304
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%
$1,062,560
Cap Rate 7%
$758,971
Cap Rate 9%
$590,311
Alternative Uses
Best Use
Multifamily LT 5
$759.0K
$664.1K – $885.5K
NOI $53,128 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$695.6K
$608.6K – $811.5K
NOI $48,689 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$1.03M
$897.6K – $1.20M
NOI $71,810 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,417
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
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 - Detached two-family home featuring a main house with three-quarter baths, a side-entrance apartment, and a heated saltwater pool.
Where is this duplex located?
The property is located at 47 Liberty Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Detached two‑family residence built in 1925 with a main house and a private side‑entrance apartment; Main house offers 3 bedrooms, including a primary suite with a three‑quarter bath, plus a kitchen with quartz countertops and soft‑close cabinetry; Heated saltwater pool with custom sun shelf and brand‑new liner, set in a backyard with LED landscape lighting, gazebo, and decorative fountain
