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Colonial Duplex with Detached Garage
For Sale
$1,199,900

522 Arlene Street, Staten Island, NY 10314

MULTI_FAMILY - Colonial - Staten Island, NY

Property Size2,880 SF
Lot Size0.14 Acres
Price / SF$416.63
Days on Market10

Property Features for 522 Arlene Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3X
Bedrooms 6
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 6, Bathroom 3, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 1
Parking features Garage, Driveway
Patio and Porch features Patio, Deck
Fencing Fenced
Lot features Front Yard, Back Yard
Subdivision Bulls Head
Standard status Active
Size 2,880 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 9631

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Cooling system Central Air

Building Details

Year built 1970
Floors in Building 2
Number of units 2
Building materials Stone, Vinyl Siding
Architectural style Colonial
Listing Agency: JM Properties
Listed By: Tisha Torino
Added: Aug 4 Changed: Aug 10 Last Checked: Aug 13 at 10:06AM
MLS# 2604388

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 2,880-square-foot Colonial duplex sits on a 0.14-acre corner parcel in Staten Island. The principal residence contains four bedrooms, three bathrooms, a foyer, family room, half bath, L-shaped living and dining area, eat-in kitchen, primary suite, private deck, and two additional bedrooms. A connected apartment adds two bedrooms, a living room, and an eat-in kitchen, with access that allows the spaces to function together or separately.

A detached two-car garage includes a finished second level that can serve as office, recreation, studio, gym, or storage space. The property also features a fenced yard, patio, driveway parking, central air, hot-water heat, natural gas, public sewer, stone and vinyl-siding construction, and a 1970 construction date. Located at 522 Arlene Street in the Bulls Head section of Staten Island, the property is zoned R3X.

Key Highlights

  • 2,880 SF duplex on a 0.14‑acre oversized corner lot
  • Six‑bedroom layout with four bathrooms across the main residence and attached apartment
  • Detached two‑car garage with finished second‑story space

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
$78,551
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
6.55%
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%
$1,571,020 $1.6M
Cap Rate 7%
$1,122,157 $1.1M
Cap Rate 9%
$872,789 $872.8K
Market Conditions
NOI Build-Up for 2,880 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
$117.5K $40.80/SF
− Vacancy
−$5.3K −$1.84/SF
EGI
$112.2K $38.96/SF
− OpEx
−$33.7K −$11.69/SF
NOI
$78.6K $27.27/SF
Area
ZIP 10314
Vacancy
4.50%
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%
$1,571,020
Cap Rate 7%
$1,122,157
Cap Rate 9%
$872,789

Alternative Uses

Best Use
Multifamily LT 5
$1.12M
$981.9K – $1.31M (±1% cap)
NOI $78,551 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$1.04M
$910.5K – $1.21M (±1% cap)
NOI $72,839 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $96,193 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

877
Businesses Nearby

Demographics for 10314, NY

92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Attached apartment and adaptable interiors support multigenerational living or rental income.
Where is this duplex located?
The property is located at 522 Arlene Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: 2,880 SF duplex on a 0.14‑acre oversized corner lot; Six‑bedroom layout with four bathrooms across the main residence and attached apartment; Detached two‑car garage with finished second‑story space
More about this property
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