Two-Family Colonial With
For Sale
$1,359,999
Pending
50 Parker St, Staten Island, NY 10307
Center-hall design features a finished basement studio, upgraded kitchen, and private outdoor entertaining area.
Property Size3,674 SF
Days on Market154
Property Features for 50 Parker St
General Information
Standard status
Pending
Size
3,674 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
pool
built-in grill
pavers
irrigation system
cameras
Building Details
Year Built
2004
Buildings
1
Construction
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
Listed By:
Nicole Molinini · License #40MO1063271
(718) 987-7900
Source:
Statenislandhomelistings
Added: Apr 3
Changed: Sep 2
Last Checked: Sep 1 at 8:04PM
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 Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 2004, this two-family center-hall Colonial offers 3674 square feet with a two-story foyer, formal living and dining rooms, and an eat-in kitchen fitted with an island, granite countertops, and professional appliances. The second floor contains four bedrooms, including a primary suite with a private bath and double closets, plus an additional full bath.
The finished basement is currently configured as a studio rental and includes custom cabinetry and a 5.1 surround sound system. Outdoor improvements include a heated saltwater inground pool, built-in grill area, paver hardscaping, and an irrigation system. The property also features a brick facade, new iron entry door, aluminum railings, and exterior cameras. Located at 50 Parker St in Staten Island, NY 10307.
The finished basement is currently configured as a studio rental and includes custom cabinetry and a 5.1 surround sound system. Outdoor improvements include a heated saltwater inground pool, built-in grill area, paver hardscaping, and an irrigation system. The property also features a brick facade, new iron entry door, aluminum railings, and exterior cameras. Located at 50 Parker St in Staten Island, NY 10307.
Key Highlights
- Two‑family center‑hall Colonial built in 2004
- 3674 square feet with four bedrooms and four baths
- Finished basement currently configured as a studio rental
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
$91,366
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
6.72%
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%
$1,827,320
$1.8M
Cap Rate 7%
$1,305,229
$1.3M
Cap Rate 9%
$1,015,178
$1.0M
Market Conditions
NOI Build-Up for 3,674 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
$136.7K $37.20/SF
− Vacancy
−$6.2K −$1.67/SF
EGI
$130.5K $35.53/SF
− OpEx
−$39.2K −$10.66/SF
NOI
$91.4K $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%
$1,827,320
Cap Rate 7%
$1,305,229
Cap Rate 9%
$1,015,178
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.14M – $1.52M
NOI $91,366 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$1.16M
$1.02M – $1.36M
NOI $81,475 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$1.75M
$1.53M – $2.05M
NOI $122,712 @ 7.0% cap · market cap 9.02%
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
912
Businesses Nearby
Explore this area
Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
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 - Center-hall design features a finished basement studio, upgraded kitchen, and private outdoor entertaining area.
Where is this duplex located?
The property is located at 50 Parker St Staten Island, NY.
What is the asking price?
The asking price for this property is $1,359,999.
What are key features of this property?
This property features: Two‑family center‑hall Colonial built in 2004; 3674 square feet with four bedrooms and four baths; Finished basement currently configured as a studio rental
