Duplex with In-Ground
For Sale
$1,299,000
52 Ridgewood Avenue, Staten Island, NY 10312
MULTI_FAMILY - Colonial - Staten Island, NY
Property Size3,360 SF
Lot Size0.09 Acres
Price / SF$386.61
Days on Market53
Property Features for 52 Ridgewood Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1
Parking features
Driveway
Fencing
Fenced
Basement
Apartment
Lot features
Back Yard
Subdivision
Eltingville
Standard status
Active
APN
5507-0197
Size
3,360 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
11503
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Building Details
Year built
1993
Floors in Building
3
Number of units
1
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Miroslava Simanovsky · License #40SI0750581
(718) 668-2550
Added: Jul 2
Changed: Aug 2
Last Checked: Aug 23 at 9:06PM
MLS# 2603763
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 duplex-style colonial split-level home combines a spacious main residence with an income-producing rental apartment. The main home features a grand foyer, formal living and dining rooms, and a spacious eat-in kitchen that was renovated 5 years ago. A family room with a gas fireplace connects to sliding glass doors that lead to a large deck overlooking the in-ground pool. Hardwood floors run throughout, and stainless steel appliances are included, along with a washer and dryer.
The rental apartment offers a 1-bedroom layout with a living room and kitchen combo plus an additional full bathroom. Additional property details include a roof that is 6 years old, excellent condition throughout, and a brick construction exterior with a fenced yard and driveway parking.
Built in 1993 on a 0.0881-acre lot totaling 3,360 square feet, the home is zoned R3-2. Heating is provided by natural gas hot water systems, and cooling is via central air. Public sewer serves the property, and the home is described as within walking distance to the train, local buses, shopping, and restaurants.
The rental apartment offers a 1-bedroom layout with a living room and kitchen combo plus an additional full bathroom. Additional property details include a roof that is 6 years old, excellent condition throughout, and a brick construction exterior with a fenced yard and driveway parking.
Built in 1993 on a 0.0881-acre lot totaling 3,360 square feet, the home is zoned R3-2. Heating is provided by natural gas hot water systems, and cooling is via central air. Public sewer serves the property, and the home is described as within walking distance to the train, local buses, shopping, and restaurants.
Key Highlights
- Main residence with 3 bedrooms and 3 bathrooms plus a separate 1‑bedroom rental apartment
- In‑ground pool with a large deck accessed from sliding glass doors
- Eat‑in kitchen renovated 5 years ago; roof is 6 years old
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
$83,028
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
6.39%
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%
$1,660,560
$1.7M
Cap Rate 7%
$1,186,114
$1.2M
Cap Rate 9%
$922,533
$922.5K
Market Conditions
NOI Build-Up for 3,360 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
$129.0K $38.40/SF
− Vacancy
−$10.4K −$3.10/SF
EGI
$118.6K $35.30/SF
− OpEx
−$35.6K −$10.59/SF
NOI
$83.0K $24.71/SF
Area
ZIP 10312
Vacancy
8.07%
Lease Rate
$38.40 /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%
$1,660,560
Cap Rate 7%
$1,186,114
Cap Rate 9%
$922,533
Alternative Uses
Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.38M
NOI $83,028 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$1.04M
$913.1K – $1.22M
NOI $73,048 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,225 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 10312, NY
61,642
Population
22,547
Households
2.7
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
8,934
Density / Sq Mi
$111,434
Median Household Income
$62,700
Median Earnings
$1,911
Median Rent
$698,900
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 - Split-level duplex featuring central air, a private driveway/garage, and a separate 1-bedroom rental apartment.
Where is this duplex located?
The property is located at 52 Ridgewood Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Main residence with 3 bedrooms and 3 bathrooms plus a separate 1‑bedroom rental apartment; In‑ground pool with a large deck accessed from sliding glass doors; Eat‑in kitchen renovated 5 years ago; roof is 6 years old
