Detached Two-Family
New
For Sale
$1,050,000
556 Winant Avenue, Staten Island, NY 10309
Residential, Staten Island, NY
Property Size2,500 SF
Lot Size0.09 Acres
Price / SF$420
Days on Market7
Property Features for 556 Winant Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5
Parking features
Garage
Interior features
Refrigerator, Stove
Basement
Full
Subdivision
Woodrow
Standard status
Active
Size
2,500 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
8598
Building Details
Year built
1993
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Qianqian (Tiffany) Zheng
(917) 708-9966
Added: Aug 18
Changed: Aug 23
Last Checked: Aug 24 at 1:06PM
MLS# 503881
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 fully detached two-family property offers a main residence with a living room, wood-burning fireplace, dining area, eat-in kitchen, full bath, three bedrooms, extensive closet storage, and pull-down attic stairs. A separate two-bedroom apartment is accessed from the first floor. The property also includes a half bath, unfinished basement, built-in one-car garage, and off-street parking.
Constructed in 1993, the brick residence contains 2,500 square feet on a 0.0918-acre lot and is zoned R3-1. Hardwood and tile flooring are present, with a refrigerator and stove included. The property is near public transportation, shopping, restaurants, and schools, with highway access nearby.
Constructed in 1993, the brick residence contains 2,500 square feet on a 0.0918-acre lot and is zoned R3-1. Hardwood and tile flooring are present, with a refrigerator and stove included. The property is near public transportation, shopping, restaurants, and schools, with highway access nearby.
Key Highlights
- Detached two‑family duplex with a separate two‑bedroom apartment
- 2,500 square feet on a 0.0918‑acre lot
- Built in 1993 with brick construction
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
$62,170
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
5.92%
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%
$1,243,400
$1.2M
Cap Rate 7%
$888,143
$888.1K
Cap Rate 9%
$690,778
$690.8K
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
$93.0K $37.20/SF
− Vacancy
−$4.2K −$1.67/SF
EGI
$88.8K $35.53/SF
− OpEx
−$26.6K −$10.66/SF
NOI
$62.2K $24.87/SF
Area
Staten Island, NY
Vacancy
4.50%
Lease Rate
$37.20 /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%
$1,243,400
Cap Rate 7%
$888,143
Cap Rate 9%
$690,778
Alternative Uses
Best Use
Multifamily LT 5
$888.1K
$777.1K – $1.04M
NOI $62,170 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$792.0K
$693.0K – $924.0K
NOI $55,440 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,501 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Explore this area
Business Placement
Demographics for 10309, NY
33,523
Population
12,770
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
7.3 sq mi
ZIP Area
4,592
Density / Sq Mi
$123,638
Median Household Income
$67,348
Median Earnings
$1,907
Median Rent
$745,500
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 - Brick two-family residence with a built-in garage, off-street parking, and a separate two-bedroom apartment.
Where is this duplex located?
The property is located at 556 Winant Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Detached two‑family duplex with a separate two‑bedroom apartment; 2,500 square feet on a 0.0918‑acre lot; Built in 1993 with brick construction
