Renovated Duplex with Finished
New
For Sale
$769,900
55 Bowling Green Place, Staten Island, NY 10314
Residential, Staten Island, NY
Property Size1,590 SF
Lot Size0.06 Acres
Price / SF$484.21
Days on Market1
Property Features for 55 Bowling Green Place
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3
Parking features
Driveway
Interior features
Walk-In Closet(s)
Exterior features
Balcony
Basement
Finished, Full
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Lot features
Front Yard, Back Yard, Side
Subdivision
Bulls Head
Standard status
Active
APN
02115-0027
Size
1,590 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
6211
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1970
Floors in Building
2
Building materials
Vinyl Siding
Architectural style
Colonial
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Jessica Lobaito
(347) 517-3736
Added: Sep 22
Last Checked: Sep 22 at 4:06PM
MLS# 2605345
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 1,590-square-foot semi-attached duplex in Staten Island offers a Colonial layout with three bedrooms and three bathrooms. The main living areas include living and dining rooms, hardwood flooring, a renovated kitchen with stainless steel appliances, a renovated half bathroom, and a den suitable for office or additional living space. The upper level adds three bedrooms, a renovated full bathroom, and a private balcony off the primary bedroom.
The finished basement contains two rooms, a full bathroom, three walk-in closets, two large closets, and a separate side entrance. Exterior features include a spacious backyard, a private two-car driveway, vinyl siding, and an attic for storage. A new roof and water heater were installed about a year ago. The property has R3-1 zoning, public sewer, forced-air electric heating, and central air, with access to public transportation, parks, restaurants, shopping, and local amenities.
The finished basement contains two rooms, a full bathroom, three walk-in closets, two large closets, and a separate side entrance. Exterior features include a spacious backyard, a private two-car driveway, vinyl siding, and an attic for storage. A new roof and water heater were installed about a year ago. The property has R3-1 zoning, public sewer, forced-air electric heating, and central air, with access to public transportation, parks, restaurants, shopping, and local amenities.
Key Highlights
- 1,590 square feet on a 0.0634‑acre lot
- Three‑bedroom, three‑bathroom semi‑attached duplex
- Finished basement with two rooms, full bathroom, separate side entrance, and extensive closet storage
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
$43,367
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
5.63%
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%
$867,340
$867.3K
Cap Rate 7%
$619,529
$619.5K
Cap Rate 9%
$481,856
$481.9K
Market Conditions
NOI Build-Up for 1,590 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
$64.9K $40.80/SF
− Vacancy
−$2.9K −$1.84/SF
EGI
$62.0K $38.96/SF
− OpEx
−$18.6K −$11.69/SF
NOI
$43.4K $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%
$867,340
Cap Rate 7%
$619,529
Cap Rate 9%
$481,856
Alternative Uses
Best Use
Multifamily LT 5
$619.5K
$542.1K – $722.8K
NOI $43,367 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$574.5K
$502.7K – $670.2K
NOI $40,213 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$758.7K
$663.8K – $885.1K
NOI $53,106 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
672
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Semi-attached duplex with updated interiors, flexible lower-level space, outdoor areas, and private off-street parking.
Where is this duplex located?
The property is located at 55 Bowling Green Place Staten Island, NY.
What is the asking price?
The asking price for this property is $769,900.
What are key features of this property?
This property features: 1,590 square feet on a 0.0634‑acre lot; Three‑bedroom, three‑bathroom semi‑attached duplex; Finished basement with two rooms, full bathroom, separate side entrance, and extensive closet storage
