Two-Family Home with
For Sale
$949,900
Pending
47 Robinson Ave, Staten Island, NY 10312
Colonial-style property with a built-in garage, private backyard, and additional studio apartment.
Property Size1,920 SF
Days on Market129
Property Features for 47 Robinson Ave
General Information
Standard status
Pending
Size
1,920 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
some TLC
Site & Location
Road Access
Yes
Public Transit
Yes
Amenities
garage
private backyard
Building Details
Year Built
1999
Construction
side hall colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
Listed By:
Leor Mizrahi
(917) 683-5990
Source:
Statenislandhomelistings
Added: Apr 28
Changed: Sep 2
Last Checked: Sep 2 at 6:30PM
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 Homes R Us Realty of NY, Inc.
Investment Insights
Based on property information with market context.
Built in 1999, this two-family colonial-style property provides a three-bedroom, three-bathroom primary layout along with a studio apartment. The residence contains 1,920 square feet of living space, excluding the ground level, and includes a built-in garage, private backyard, and extended driveway. Some updating is needed.
The property is positioned on a one-way street in Eltingville, near Hylan Boulevard and within a short walk of the water. Parks, beaches, schools, shopping, restaurants, and public transportation are also located nearby.
The property is positioned on a one-way street in Eltingville, near Hylan Boulevard and within a short walk of the water. Parks, beaches, schools, shopping, restaurants, and public transportation are also located nearby.
Key Highlights
- Two‑family property with a three‑bedroom, three‑bathroom layout
- Separate studio apartment included
- 1,920 square feet of living space, excluding the ground level
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
$47,445
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
4.99%
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%
$948,900
$948.9K
Cap Rate 7%
$677,786
$677.8K
Cap Rate 9%
$527,167
$527.2K
Market Conditions
NOI Build-Up for 1,920 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
$73.7K $38.40/SF
− Vacancy
−$5.9K −$3.10/SF
EGI
$67.8K $35.30/SF
− OpEx
−$20.3K −$10.59/SF
NOI
$47.4K $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%
$948,900
Cap Rate 7%
$677,786
Cap Rate 9%
$527,167
Alternative Uses
Best Use
Multifamily LT 5
$677.8K
$593.1K – $790.8K
NOI $47,445 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$596.3K
$521.8K – $695.7K
NOI $41,742 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$916.1K
$801.6K – $1.07M
NOI $64,128 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
744
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 - Colonial-style property with a built-in garage, private backyard, and additional studio apartment.
Where is this duplex located?
The property is located at 47 Robinson Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Two‑family property with a three‑bedroom, three‑bathroom layout; Separate studio apartment included; 1,920 square feet of living space, excluding the ground level
