Newly Built Semi-Attached
For Sale
$918,888
490 Doane Avenue, Staten Island, NY 10308
Residential, Staten Island, NY
Property Size1,440 SF
Lot Size0.05 Acres
Price / SF$638.12
Days on Market47
Property Features for 490 Doane Avenue
General Information
Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking features
On Street, Driveway
Basement
Finished, Full
Appliances
Dishwasher, Microwave
Lot features
Front Yard, Back Yard, Side
Subdivision
Great Kills
Standard status
Active
Size
1,440 SF
Lot size
0.05 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Building materials
Stone, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Timothy Smith
(718) 987-7900
Added: Jul 17
Changed: Aug 28
Last Checked: Sep 1 at 3:06PM
MLS# 2604060
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 one-family semi-attached colonial home with quality finishes throughout. The layout includes a living/dining area, an eat-in kitchen, and a family room, plus three bedrooms. There are two 3/4 bathrooms and one half bathroom, including a private 3/4 bath in the primary bedroom. A full finished basement adds additional flexible space and includes its own 3/4 bath.
The home is equipped with gas forced-air heating and central air. Additional highlights include Pella windows and a sliding glass door to the yard. Hardwood floors are present on the first and second floors, with tile flooring in the finished basement, bathrooms, and the EIK.
For reference, listed room sizes include a living/dining combo of 13.11 x 21, a kitchen/family room of 13.11 x 19, a master bedroom of 13.11 x 12, a second bedroom of 13.11 x 9.11, and a third bedroom of 10.7 x 9.
The home is equipped with gas forced-air heating and central air. Additional highlights include Pella windows and a sliding glass door to the yard. Hardwood floors are present on the first and second floors, with tile flooring in the finished basement, bathrooms, and the EIK.
For reference, listed room sizes include a living/dining combo of 13.11 x 21, a kitchen/family room of 13.11 x 19, a master bedroom of 13.11 x 12, a second bedroom of 13.11 x 9.11, and a third bedroom of 10.7 x 9.
Key Highlights
- New construction (2026) Colonial‑style semi‑attached one‑family home
- Heating: forced air with natural gas; cooling: central air
- Includes dishwasher and microwave; appliances supported for daily use
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
$31,933
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
3.48%
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%
$638,660
$638.7K
Cap Rate 7%
$456,186
$456.2K
Cap Rate 9%
$354,811
$354.8K
Market Conditions
NOI Build-Up for 1,440 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
$60.5K $42.00/SF
− Vacancy
−$2.4K −$1.68/SF
EGI
$58.1K $40.32/SF
− OpEx
−$26.1K −$18.14/SF
NOI
$31.9K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
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%
$638,660
Cap Rate 7%
$456,186
Cap Rate 9%
$354,811
Alternative Uses
Best Use
Apartment 5plus
$456.2K
$399.2K – $532.2K
NOI $31,933 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$687.1K
$601.2K – $801.6K
NOI $48,096 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Demographics for 10308, NY
28,198
Population
11,093
Households
2.5
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
12,817
Density / Sq Mi
$122,654
Median Household Income
$67,149
Median Earnings
$1,729
Median Rent
$648,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - New construction semi-attached one-family home with three bedrooms, central air, and a fully finished basement.
Where is this single family property located?
The property is located at 490 Doane Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $918,888.
What are key features of this property?
This property features: New construction (2026) Colonial‑style semi‑attached one‑family home; Heating: forced air with natural gas; cooling: central air; Includes dishwasher and microwave; appliances supported for daily use
