Duplex with Heated In-Ground
For Sale
$1,275,000
571 Rockaway Street, Staten Island, NY 10307
Residential, Colonial, Staten Island, NY
Property Size3,240 SF
Lot Size0.11 Acres
Price / SF$393.52
Days on Market36
Property Features for 571 Rockaway Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3A
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bathroom 4, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 5
Parking features
Garage, Offsite
Patio and Porch features
Deck
Interior features
Deck, Fireplace, Garage Door Opener(s)
Fireplace
1
Basement
Finished, Full
Subdivision
Tottenville
Standard status
Active
Size
3,240 SF
Lot size
0.11 Acres
Amenities
custom exterior lighting
audio sound system
security system
zoned sprinkler system
heated in ground pool
anderson windows
3 zone heating
2 Zone A/C
wood burning fireplace
Building Details
Year built
1999
Floors in Building
2
Number of units
1
Flooring type
Hardwood, Ceramic
Building materials
Brick
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
DiTommaso Real Estate
Listed By:
Robert Martino · License #30MA0858211
(718) 667-8000
Added: Aug 27
Changed: Sep 30
Last Checked: Oct 1 at 2:06PM
MLS# 504108
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.
Built in 1999, this 3,240-square-foot brick duplex has a Colonial design and sits on a 0.1148-acre lot. The main residence includes four bedrooms, while a separate one-bedroom apartment provides a second dwelling unit. Interior features include hardwood flooring and a wood-burning fireplace; the property also has a garage and deck.
The backyard includes a heated in-ground pool measuring 14 by 28 feet. The home has three heating zones and two air-conditioning zones, along with a security system and zoned sprinkler system. Beaches, transportation, restaurants, and Historic Conference House are described as minutes away.
The backyard includes a heated in-ground pool measuring 14 by 28 feet. The home has three heating zones and two air-conditioning zones, along with a security system and zoned sprinkler system. Beaches, transportation, restaurants, and Historic Conference House are described as minutes away.
Key Highlights
- Two‑family Colonial with a four‑bedroom main residence and separate one‑bedroom apartment
- 3,240 square feet on a 0.1148‑acre lot
- Heated in‑ground pool measuring 14 by 28 feet
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
$80,573
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
6.32%
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%
$1,611,460
$1.6M
Cap Rate 7%
$1,151,043
$1.2M
Cap Rate 9%
$895,256
$895.3K
Market Conditions
NOI Build-Up for 3,240 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
$120.5K $37.20/SF
− Vacancy
−$5.4K −$1.67/SF
EGI
$115.1K $35.53/SF
− OpEx
−$34.5K −$10.66/SF
NOI
$80.6K $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%
$1,611,460
Cap Rate 7%
$1,151,043
Cap Rate 9%
$895,256
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.34M
NOI $80,573 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$1.03M
$898.1K – $1.20M
NOI $71,850 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,217 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 10307, NY
14,129
Population
5,390
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
90%
High-School Grad
1.6 sq mi
ZIP Area
8,831
Density / Sq Mi
$138,807
Median Household Income
$74,211
Median Earnings
$1,618
Median Rent
$799,100
Median Home Value
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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 - The Colonial-style property combines a four-bedroom main residence with a separate one-bedroom apartment.
Where is this duplex located?
The property is located at 571 Rockaway Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Two‑family Colonial with a four‑bedroom main residence and separate one‑bedroom apartment; 3,240 square feet on a 0.1148‑acre lot; Heated in‑ground pool measuring 14 by 28 feet
