Duplex Home with Central
For Sale
$849,900
Pending
53 Erika Loop, Staten Island, NY 10312
MULTI_FAMILY - Staten Island, NY
Property Size2,285 SF
Lot Size0.04 Acres
Days on Market48
Property Features for 53 Erika Loop
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1
Parking features
Garage, Carport
Patio and Porch features
Patio
Basement
Finished, Full
Lot features
Back Yard
Subdivision
Arden Heights
Standard status
Pending
Size
2,285 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
8033
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
2001
Floors in Building
2
Number of units
2
Building materials
Stucco
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Gennady Gary Papirov · License #0566464
(917) 856-2012
Added: Jul 8
Changed: Aug 2
Last Checked: Aug 24 at 4:06PM
MLS# 2603857
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.
53 Erika Loop is a well-maintained two-family (duplex) home in a private development. The property features approximately 2,285 square feet of living space and a stucco exterior, built in 2001. The main unit offers three bedrooms and three bathrooms along with an open-concept layout, hardwood floors, large windows, and an oversized kitchen with granite countertops and stainless steel appliances. A second, ground-level unit provides an oversized one-bedroom layout with flexible options for rental income, extended family, or additional living space.
Set on a 0.0441-acre lot, the home includes a patio and parking with both a garage and a carport. Comfort systems include forced-air heating with natural gas fuel and central air conditioning. Public sewer service is available.
With a two-family configuration and substantial interior space, this property can support owner-occupancy while also providing the option to derive income from the additional unit.
Set on a 0.0441-acre lot, the home includes a patio and parking with both a garage and a carport. Comfort systems include forced-air heating with natural gas fuel and central air conditioning. Public sewer service is available.
With a two-family configuration and substantial interior space, this property can support owner-occupancy while also providing the option to derive income from the additional unit.
Key Highlights
- 2,285 SF two‑family duplex with stucco exterior
- Main unit: three bedrooms and three bathrooms plus open‑concept layout
- Ground‑level second unit: oversized one‑bedroom layout
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
$56,464
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
6.64%
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%
$1,129,280
$1.1M
Cap Rate 7%
$806,629
$806.6K
Cap Rate 9%
$627,378
$627.4K
Market Conditions
NOI Build-Up for 2,285 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
$87.7K $38.40/SF
− Vacancy
−$7.1K −$3.10/SF
EGI
$80.7K $35.30/SF
− OpEx
−$24.2K −$10.59/SF
NOI
$56.5K $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%
$1,129,280
Cap Rate 7%
$806,629
Cap Rate 9%
$627,378
Alternative Uses
Best Use
Multifamily LT 5
$806.6K
$705.8K – $941.1K
NOI $56,464 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$709.7K
$621.0K – $828.0K
NOI $49,677 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.09M
$954.0K – $1.27M
NOI $76,320 @ 7.0% cap · market cap 8.98%
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
363
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 - R3-2 zoned two-family home with forced-air natural gas heat, central air, patio, and garage and carport parking.
Where is this duplex located?
The property is located at 53 Erika Loop Staten Island, NY.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 2,285 SF two‑family duplex with stucco exterior; Main unit: three bedrooms and three bathrooms plus open‑concept layout; Ground‑level second unit: oversized one‑bedroom layout
