Two-Family Duplex with Owner's
For Sale
$1,299,888
552 Drumgoole Road E, Staten Island, NY 10312
New construction offers separately metered units, off-street parking, and quartz-and-stainless kitchen finishes.
Property Size2,500 SF
Days on Market145
Property Features for 552 Drumgoole Road E
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Residential Income
Zoning
R3-1
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1.00
Amenities
custom kitchen with quartz counter tops and stainless steel appliances
Building Details
Building Size
2,500 SF
Year Built
2026
Stories
2
Units
2
Listing Agency:
American Homes Group
(917) 657-1384
Listed By:
Maurice Molcho · License #10301216355
(917) 657-1384
Source:
Joannecostarealty
Added: Apr 7
Changed: Aug 28
Last Checked: Aug 29 at 10:23AM
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 American Homes Group
Investment Insights
Based on property information with market context.
This two-family duplex is a 2026-built property with a 6-over-6 configuration, six bedrooms, and five baths. Interior details include a custom kitchen with quartz countertops and stainless steel appliances, along with a private owner's studio that can serve as additional living or workspace. The design also includes off-street parking and separate metering for all units.
Located in the Annadale section of Staten Island's South Shore, the property carries R3-1 zoning. Its multi-unit layout, dedicated utility metering, and newly constructed improvements provide a clear framework for residential occupancy and ongoing property management.
Located in the Annadale section of Staten Island's South Shore, the property carries R3-1 zoning. Its multi-unit layout, dedicated utility metering, and newly constructed improvements provide a clear framework for residential occupancy and ongoing property management.
Key Highlights
- 2026‑built two‑family property with a 6 over 6 configuration
- Six bedrooms and 5 baths
- Private owner's studio included
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
$61,777
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
4.75%
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%
$1,235,540
$1.2M
Cap Rate 7%
$882,529
$882.5K
Cap Rate 9%
$686,411
$686.4K
Market Conditions
NOI Build-Up for 2,500 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
$96.0K $38.40/SF
− Vacancy
−$7.7K −$3.10/SF
EGI
$88.3K $35.30/SF
− OpEx
−$26.5K −$10.59/SF
NOI
$61.8K $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%
$1,235,540
Cap Rate 7%
$882,529
Cap Rate 9%
$686,411
Alternative Uses
Best Use
Multifamily LT 5
$882.5K
$772.2K – $1.03M
NOI $61,777 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$776.4K
$679.4K – $905.9K
NOI $54,351 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,501 @ 7.0% cap · market cap 6.42%
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
602
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 - New construction offers separately metered units, off-street parking, and quartz-and-stainless kitchen finishes.
Where is this duplex located?
The property is located at 552 Drumgoole Road E Staten Island, NY.
What is the asking price?
The asking price for this property is $1,299,888.
What are key features of this property?
This property features: 2026‑built two‑family property with a 6 over 6 configuration; Six bedrooms and 5 baths; Private owner's studio included
