All-Brick Duplex
For Sale
$1,099,000
476 Darlington Ave, Staten Island, NY 10309
Two-family residential property with five bedrooms, five full baths, and an as-is sale offering.
Property Size1,592 SF
Price / SF$690.33
Days on Market87
Property Features for 476 Darlington Ave
General Information
Standard status
Active
Size
1,592 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2005
Construction
brick
Listing Agency:
DAC Properties Corp
Listed By:
Damien A Coleman
(516) 528-1531
Source:
Statenislandhomelistings
Added: Jun 9
Changed: Sep 2
Last Checked: Sep 2 at 6:37PM
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 DAC Properties Corp
Investment Insights
Based on property information with market context.
This all-brick duplex is configured as a two-family residential property with five bedrooms and five full baths. The home is being offered in its existing condition, providing a clearly defined two-unit layout for residential ownership or occupancy.
The property is located at 476 Darlington Ave in Staten Island, NY 10309. Its full-bath count and multi-family configuration distinguish it from a conventional single-family residence.
The property is located at 476 Darlington Ave in Staten Island, NY 10309. Its full-bath count and multi-family configuration distinguish it from a conventional single-family residence.
Key Highlights
- Duplex property with a two‑family configuration
- All‑brick construction
- Five bedrooms and five full 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
$39,590
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
3.60%
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%
$791,800
$791.8K
Cap Rate 7%
$565,571
$565.6K
Cap Rate 9%
$439,889
$439.9K
Market Conditions
NOI Build-Up for 1,592 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
$59.2K $37.20/SF
− Vacancy
−$2.7K −$1.67/SF
EGI
$56.6K $35.53/SF
− OpEx
−$17.0K −$10.66/SF
NOI
$39.6K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /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%
$791,800
Cap Rate 7%
$565,571
Cap Rate 9%
$439,889
Alternative Uses
Best Use
Multifamily LT 5
$565.6K
$494.9K – $659.8K
NOI $39,590 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$504.3K
$441.3K – $588.4K
NOI $35,304 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$759.6K
$664.7K – $886.2K
NOI $53,173 @ 7.0% cap · market cap 4.84%
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
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
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 - Two-family residential property with five bedrooms, five full baths, and an as-is sale offering.
Where is this duplex located?
The property is located at 476 Darlington Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Duplex property with a two‑family configuration; All‑brick construction; Five bedrooms and five full baths
