Staten Island Two-Family
For Sale
Contact for pricing
Pending
51 Lynhurst Avenue, Staten Island, NY 10305
Two-family home in Arrochar/Rosebank area, close to transportation.
Property Size1,089 SF
Lot Size0.08 Acres
Days on Market112
Property Features for 51 Lynhurst Avenue
General Information
Standard status
Pending
Size
1,089 SF
Lot size
0.08 Acres
Property subtype
Multifamily
Zoning
R3A
Building Details
Year Built
1901
Stories
2
Units
1
Listing Agency:
EXP Realty
Listed By:
Chris Caggiano · License #10401369043
(631) 926-7909
Source:
Crexi
Added: May 17
Changed: Aug 8
Last Checked: Jul 24 at 6:38PM
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 EXP Realty
Investment Insights
Based on property information with market context.
This legal two-family home is located in the Arrochar and Rosebank area of Staten Island, offering convenient access to the Verrazzano Narrows Bridge, Staten Island Expressway, express bus to Manhattan, and the Staten Island Ferry. The property features a layout with 2 bedrooms, 2 full baths, an eat-in kitchen, and a living room. A finished attic provides additional flexible space with 2 rooms suitable for a home office, guest space, storage, or other uses. The full basement includes separated mechanicals. Additional features include driveway access, a large rear concrete yard, and a detached oversized 2.5 car garage and workshop. The home also has refinished hardwood floors, vintage tile details, and cast iron radiator heat throughout. Situated on a 25 x 145 lot, this property is suitable for end users, investors, or builders seeking a two-family home with potential for value addition. The property is currently vacant.
Key Highlights
- Prime location in Arrochar/Rosebank, a commuter‑friendly area.
- Legal two‑family home offering investment or owner‑occupancy opportunities.
- Detached oversized 2.5 car garage and workshop.
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
$28,592
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
4.57%
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%
$571,840
$571.8K
Cap Rate 7%
$408,457
$408.5K
Cap Rate 9%
$317,689
$317.7K
Market Conditions
NOI Build-Up for 1,089 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
$44.4K $40.80/SF
− Vacancy
−$3.6K −$3.29/SF
EGI
$40.8K $37.51/SF
− OpEx
−$12.3K −$11.25/SF
NOI
$28.6K $26.26/SF
Area
ZIP 10305
Vacancy
8.07%
Lease Rate
$40.80 /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%
$571,840
Cap Rate 7%
$408,457
Cap Rate 9%
$317,689
Alternative Uses
Best Use
Multifamily LT 5
$408.5K
$357.4K – $476.5K
NOI $28,592 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$375.8K
$328.8K – $438.4K
NOI $26,306 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$519.6K
$454.7K – $606.2K
NOI $36,373 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,181
Businesses Nearby
Explore this area
Business Placement
Demographics for 10305, NY
44,008
Population
16,850
Households
2.6
Avg Household Size
41
Median Age
32%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
11,002
Density / Sq Mi
$86,294
Median Household Income
$52,183
Median Earnings
$1,656
Median Rent
$627,200
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 - Two-family home in Arrochar/Rosebank area, close to transportation.
Where is this duplex located?
The property is located at 51 Lynhurst Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Prime location in Arrochar/Rosebank, a commuter‑friendly area.; Legal two‑family home offering investment or owner‑occupancy opportunities.; Detached oversized 2.5 car garage and workshop.
