Duplex with Heated
New
For Sale
$1,599,000
548 Lamont Ave, Staten Island, NY 10312
Side-hall colonial duplex with a one-bedroom apartment, finished basement, garage, and private outdoor amenities.
Property Size2,860 SF
Lot Size0.17 Acres
Days on Market7
Property Features for 548 Lamont Ave
General Information
Standard status
Active
Size
2,860 SF
Lot size
0.17 Acres
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,189
Amenities
fireplace
patio
heated in-ground pool
BBQ area
finished basement
summer kitchen
wet bar
family room
home office
Building Details
Building Size
2,860 SF
Year Built
1990
Buildings
1
Stories
3
Construction
side hall colonial
Listing Agency:
Bergen Basin Realty
(718) 763-4110
Listed By:
Doreen Alfano
(718) 763-4110
Source:
Elliman
Added: Aug 18
Changed: Aug 20
Last Checked: Aug 24 at 9:33AM
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 Bergen Basin Realty
Investment Insights
Based on property information with market context.
This two-family side-hall colonial was built in 1990 on 75 x 100 grounds. The main residence includes a living room, formal dining room, eat-in kitchen, adjoining den with fireplace, and access to a patio. The upper level contains a primary suite with private stairs, three additional bedrooms, and two full baths, including the suite bath.
A separate side entrance serves the one-bedroom apartment, providing distinct access for the occupant. The finished basement adds a summer kitchen, wet bar, family room, and home office. Exterior features include a heated in-ground pool, BBQ area, landscaped grounds, pavers, private drive, and a one-car garage. The property is rated Car-Dependent with Some Transit and Somewhat Bikeable access scores.
A separate side entrance serves the one-bedroom apartment, providing distinct access for the occupant. The finished basement adds a summer kitchen, wet bar, family room, and home office. Exterior features include a heated in-ground pool, BBQ area, landscaped grounds, pavers, private drive, and a one-car garage. The property is rated Car-Dependent with Some Transit and Somewhat Bikeable access scores.
Key Highlights
- Two‑family side‑hall colonial built in 1990
- 75 x 100 grounds with a heated in‑ground pool
- Main residence includes a primary suite and 3 additional bedrooms
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
$70,673
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
4.42%
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%
$1,413,460
$1.4M
Cap Rate 7%
$1,009,614
$1.0M
Cap Rate 9%
$785,256
$785.3K
Market Conditions
NOI Build-Up for 2,860 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
$109.8K $38.40/SF
− Vacancy
−$8.9K −$3.10/SF
EGI
$101.0K $35.30/SF
− OpEx
−$30.3K −$10.59/SF
NOI
$70.7K $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%
$1,413,460
Cap Rate 7%
$1,009,614
Cap Rate 9%
$785,256
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$883.4K – $1.18M
NOI $70,673 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$888.3K
$777.2K – $1.04M
NOI $62,178 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,525 @ 7.0% cap · market cap 5.97%
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
343
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 - Side-hall colonial duplex with a one-bedroom apartment, finished basement, garage, and private outdoor amenities.
Where is this duplex located?
The property is located at 548 Lamont Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Two‑family side‑hall colonial built in 1990; 75 x 100 grounds with a heated in‑ground pool; Main residence includes a primary suite and 3 additional bedrooms
