New Construction Two-Family
For Sale
$1,299,999
48 N Railroad Street, Staten Island, NY 10312
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size2,750 SF
Lot Size0.09 Acres
Price / SF$472.73
Days on Market57
Property Features for 48 N Railroad Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-3X
Bedrooms
6
Bathrooms
7
Full bathrooms
5
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 1, Bathroom 6, Bathroom 4, Bathroom 7, Bathroom 1, Bedroom 6, Bathroom 3, Bedroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 5
Parking features
Off Street, Carport, On Street
Basement
Full, Finished
Lot features
Back Yard
Subdivision
Annadale
Standard status
Active
Size
2,750 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
12000
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Nicole Molinini · License #40MO1063271
(718) 987-7900
Added: Jun 19
Changed: Aug 2
Last Checked: Aug 14 at 12:06AM
MLS# 2603475
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.
New construction two-family Colonial built in 2026 with vinyl siding and a six-over-six setup. The home offers two units with three bedrooms each, including a primary master bedroom with a 3/4 bath and walk-in closet, plus hardwood floors throughout. Kitchens include an island with a choice of granite or quartz tops, and each unit also features living/dining areas, full baths, and in-unit laundry. The attic provides additional space, and the full finished basement includes a 3/4 bath, front entry prepared for an ADU, and back basement space with side access, along with access to the yard.
The property sits on a treelined block and is served by public sewer. Heating is electric forced air and cooling is central air. Parking is available off-street with a carport, plus on-street parking.
The level one and level two layouts include living/dining combos, island EIK, bedrooms, and bathrooms arranged to support comfortable multi-generational living or extended family use.
The property sits on a treelined block and is served by public sewer. Heating is electric forced air and cooling is central air. Parking is available off-street with a carport, plus on-street parking.
The level one and level two layouts include living/dining combos, island EIK, bedrooms, and bathrooms arranged to support comfortable multi-generational living or extended family use.
Key Highlights
- 0.0918‑acre lot with 2,750 SF two‑family Colonial built in 2026
- R‑3X zoning
- Finished basement includes a 3/4 bath, yard access, and front entry prepared for an ADU
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
$67,955
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
5.23%
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%
$1,359,100
$1.4M
Cap Rate 7%
$970,786
$970.8K
Cap Rate 9%
$755,056
$755.1K
Market Conditions
NOI Build-Up for 2,750 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
$105.6K $38.40/SF
− Vacancy
−$8.5K −$3.10/SF
EGI
$97.1K $35.30/SF
− OpEx
−$29.1K −$10.59/SF
NOI
$68.0K $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%
$1,359,100
Cap Rate 7%
$970,786
Cap Rate 9%
$755,056
Alternative Uses
Best Use
Multifamily LT 5
$970.8K
$849.4K – $1.13M
NOI $67,955 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$854.1K
$747.3K – $996.4K
NOI $59,786 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,851 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
451
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 - New two-family Colonial on R-3X zoned lot with finished basement, central air, and yard access.
Where is this duplex located?
The property is located at 48 N Railroad Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: 0.0918‑acre lot with 2,750 SF two‑family Colonial built in 2026; R‑3X zoning; Finished basement includes a 3/4 bath, yard access, and front entry prepared for an ADU
