Detached Two-Family Colonial
For Sale
$1,200,000
Pending
47 Liberty Avenue, Staten Island, NY 10304
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,150 SF
Lot Size0.12 Acres
Days on Market52
Property Features for 47 Liberty Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
4
Bathrooms
4
Full bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 1
Parking features
Garage, Driveway
Pool private
1
Basement
Apartment, Finished, Full
Lot features
Front Yard, Back Yard
Subdivision
Dongan Hills-Above Hylan
Standard status
Pending
Size
2,150 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
6357
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas, Forced Air
Cooling system
Central Air
Amenities
pool
outdoor kitchen
gazebo
fireplace
smart-home technology
custom LED lighting
bay window with built-in seating
custom closets
surveillance system
decorative fountain
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Building materials
Asbestos, Brick
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Elaine Messi · License #10401288018
(718) 987-7900
Added: Jul 14
Changed: Aug 10
Last Checked: Sep 3 at 6:06PM
MLS# 2603975
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.
Detached two-family (duplex) Colonial residence on a 0.1194-acre lot, built in 1925 and totaling 2,150 square feet. The main residence includes an open-concept living and dining area connected to a designer kitchen, plus multiple bedrooms and three-quarter baths. A full walk-up attic adds storage or future expansion, and the home features custom LED lighting controllable from a smartphone. The property is equipped with hot water and forced-air heating with natural gas, and central air conditioning.
The private side-entrance apartment provides an additional living option for multi-generational use or rental income, and includes recessed lighting, a surveillance system, and a Trion electronic air cleaner. Parking is supported by a garage and a fully paved two-car driveway.
Outside, enjoy a resort-style backyard with a heated saltwater pool that features a custom sun shelf and a brand-new liner. The fully paved yard is landscaped with decorative lighting, a decorative fountain, a gazebo, and an outdoor kitchen with granite countertops, a built-in barbecue grill, cooktop, sink, exhaust hood, ceiling fan, and lighting.
The private side-entrance apartment provides an additional living option for multi-generational use or rental income, and includes recessed lighting, a surveillance system, and a Trion electronic air cleaner. Parking is supported by a garage and a fully paved two-car driveway.
Outside, enjoy a resort-style backyard with a heated saltwater pool that features a custom sun shelf and a brand-new liner. The fully paved yard is landscaped with decorative lighting, a decorative fountain, a gazebo, and an outdoor kitchen with granite countertops, a built-in barbecue grill, cooktop, sink, exhaust hood, ceiling fan, and lighting.
Key Highlights
- Detached two‑family Colonial duplex built in 1925
- 2,150 SF total living area on 0.1194‑acre lot
- Main residence with multiple bedrooms plus three‑quarter baths
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
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 colonial duplex with heated saltwater pool, central air, and a paved two-car driveway.
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 Colonial duplex built in 1925; 2,150 SF total living area on 0.1194‑acre lot; Main residence with multiple bedrooms plus three‑quarter baths
