Two-Family Residential Income
For Sale
Contact for pricing
50 PERONA LN, Staten Island, NY 10308
Well-laid-out two-family home with hardwood floors, central heat and A/C, private yard, and garage parking.
Property Size2,280 SF
Price / SF$386.32
Days on Market77
Property Features for 50 PERONA LN
General Information
Standard status
Active
Size
2,280 SF
Property subtype
Mixed Use
Additional Details
Multifamily Units
2
Building Details
Year Built
2006
Stories
3
Listing Agency:
KOKIRTSEV YELENA
(718) 265-0066
Listed By:
Yelena Kokirtsev
Source:
Crexi
Added: Jun 9
Changed: Aug 8
Last Checked: Aug 8 at 7:55AM
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 KOKIRTSEV YELENA
Investment Insights
Based on property information with market context.
A large two-family residence set over three levels, offering a total of multiple bedroom and living configurations. The home includes hardwood floors throughout, tiled bathroom floors, high ceilings, and a full stand-up attic. Each level is functionally arranged for everyday living: the Level 1 unit features a bedroom reached via a foyer, a living room/kitchen combo, and a full bathroom, and it is described as vacant, with access limited to the second showing. Level 2 includes an entrance, a living/dining room combination, a half bath, a foyer to a large eat-in kitchen with pantry, sliders to the yard, plus a door to the utility room and garage. Level 3 has a master bedroom suite with high ceiling and skylight, a full bath, two additional bedrooms, another full bathroom, and a hallway washer/dryer. The property also includes two refrigerators, two stoves, and a microwave. Central heat and A/C are in place, and the home has a private backyard and driveway parking for two cars.
Located in a private development identified as Sailors Key on a wide, tree-lined street, the property is described as close to a park, the ocean, schools, shopping, and transportation.
This setup can fit a buyer seeking a two-family format with distinct living spaces, on-site laundry, and outdoor and garage utility through the included yard, utility room access, and driveway. The listing also notes low flood insurance and states the home was not affected by Sandy, which may be a practical consideration for many buyers.
Located in a private development identified as Sailors Key on a wide, tree-lined street, the property is described as close to a park, the ocean, schools, shopping, and transportation.
This setup can fit a buyer seeking a two-family format with distinct living spaces, on-site laundry, and outdoor and garage utility through the included yard, utility room access, and driveway. The listing also notes low flood insurance and states the home was not affected by Sandy, which may be a practical consideration for many buyers.
Key Highlights
- Two‑family home built in 2006 in a private development with a wide, tree‑lined street
- Central heat and A/C plus hardwood floors throughout
- Private backyard with sliders from the Level 2 living/dining area and eat‑in kitchen
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
$56,699
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
6.44%
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%
$1,133,980
$1.1M
Cap Rate 7%
$809,986
$810.0K
Cap Rate 9%
$629,989
$630.0K
Market Conditions
NOI Build-Up for 2,280 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
$84.8K $37.20/SF
− Vacancy
−$3.8K −$1.67/SF
EGI
$81.0K $35.53/SF
− OpEx
−$24.3K −$10.66/SF
NOI
$56.7K $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%
$1,133,980
Cap Rate 7%
$809,986
Cap Rate 9%
$629,989
Alternative Uses
Best Use
Multifamily LT 5
$810.0K
$708.7K – $945.0K
NOI $56,699 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$722.3K
$632.0K – $842.7K
NOI $50,561 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$1.09M
$951.9K – $1.27M
NOI $76,153 @ 7.0% cap · market cap 8.65%
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
691
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
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 - Well-laid-out two-family home with hardwood floors, central heat and A/C, private yard, and garage parking.
Where is this duplex located?
The property is located at 50 PERONA LN Staten Island, NY.
What is the asking price?
The asking price for this property is $880,800.
What are key features of this property?
This property features: Two‑family home built in 2006 in a private development with a wide, tree‑lined street; Central heat and A/C plus hardwood floors throughout; Private backyard with sliders from the Level 2 living/dining area and eat‑in kitchen
