Two-Family Colonial Duplex with Inground
For Sale
$1,359,999
Pending
50 Parker Street, Staten Island, NY 10307
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,674 SF
Lot Size0.11 Acres
Days on Market72
Property Features for 50 Parker Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3A
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Driveway, On Street, Garage
Security features
Security System
Patio and Porch features
Patio
Basement
Apartment, Full, Finished
Lot features
Back Yard
Subdivision
Tottenville
Standard status
Pending
Size
3,674 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
10841
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Amenities
beautiful moldings
formal living room
formal dining room
custom EIK with island and granite tops
professional appliances
sliders
heated/saltwater inground pool
built in grill area
pavers
finished basement with 5.1 surround sound
brick facade
new iron front door
aluminum railings
irrigation system
cameras
Building Details
Year built
2004
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 12
Changed: Aug 2
Last Checked: Aug 22 at 5:06PM
MLS# 2603311
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.
This two-family Colonial duplex offers a 2-story foyer with formal living and formal dining rooms, plus a custom eat-in kitchen with an island, granite tops, and professional appliances. Sliding doors open to an entertainer’s yard with a heated, saltwater inground pool, a built-in grill area, and pavers.
The home also includes a large, finished basement with a 5.1 surround sound system that is currently open to a studio rental with custom cabinetry. Upstairs features four large bedrooms, including a primary bedroom with an appointed bath and double closets, along with three additional bedrooms and a full bath.
Built in 2004 with a brick facade and vinyl siding, the property has central air with natural gas hot water heat, public sewer, an irrigation system, and cameras. Parking includes a driveway, on-street spaces, and a garage, and the home has a patio. Lot size is 0.1079 acres, with 3,674 SF of property size, zoned R3A.
The home also includes a large, finished basement with a 5.1 surround sound system that is currently open to a studio rental with custom cabinetry. Upstairs features four large bedrooms, including a primary bedroom with an appointed bath and double closets, along with three additional bedrooms and a full bath.
Built in 2004 with a brick facade and vinyl siding, the property has central air with natural gas hot water heat, public sewer, an irrigation system, and cameras. Parking includes a driveway, on-street spaces, and a garage, and the home has a patio. Lot size is 0.1079 acres, with 3,674 SF of property size, zoned R3A.
Key Highlights
- 4 bedrooms and 4 bathrooms in a two‑family Colonial duplex
- Heated saltwater inground pool with built‑in grill area and pavers
- Large finished basement with 5.1 surround sound open to studio rental with custom cabinetry
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
Multi-tenant
Tenancy
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 - R3A-zoned duplex built in 2004 with 4 bedrooms, 4 baths, and a heated saltwater inground pool.
Where is this duplex located?
The property is located at 50 Parker Street 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: 4 bedrooms and 4 bathrooms in a two‑family Colonial duplex; Heated saltwater inground pool with built‑in grill area and pavers; Large finished basement with 5.1 surround sound open to studio rental with custom cabinetry
