Colonial Single-Family
For Sale
$749,900
Pending
58 Columbus Avenue, Staten Island, NY 10304
SINGLE_FAMILY - Colonial - Staten Island, NY
Property Size1,292 SF
Lot Size0.05 Acres
Days on Market66
Property Features for 58 Columbus Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 1
Parking features
Off Street, Driveway
Patio and Porch features
Patio
Interior features
Ceiling Fan(s)
Basement
Unfinished, Full
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator
Lot features
Front Yard, Back Yard, Side
Subdivision
Grasmere
Standard status
Pending
APN
3184-0031
Size
1,292 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6683
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Building Details
Year built
1960
Floors in Building
2
Building materials
Brick, Vinyl Siding, Wood Siding
Architectural style
Colonial
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Svetlana Noll · License #10301222590
(929) 433-9563
Added: Jul 7
Changed: Aug 14
Last Checked: Sep 10 at 1:06AM
MLS# 2603800
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.
58 Columbus Avenue is a well-maintained colonial single-family home offering 3 bedrooms and 2 bathrooms, with a functional layout for everyday living. The home features a custom-designed kitchen and natural oak hardwood floors. For year-round comfort, there are four Fujitsu mini-split heating and cooling systems serving multiple living areas. Outside, the property includes a covered patio for outdoor dining, entertaining, or relaxing. A private two-car driveway adds convenient off-street parking.
Located in the Grasmere neighborhood of Staten Island (Richmond County), the home is described as being close to parks, schools, shopping, restaurants, public transportation, and major highways, supporting easy access to everyday destinations.
With thoughtful updates and meticulous maintenance, the property is presented as a comfortable, flexible option with covered outdoor space and dedicated driveway parking.
Located in the Grasmere neighborhood of Staten Island (Richmond County), the home is described as being close to parks, schools, shopping, restaurants, public transportation, and major highways, supporting easy access to everyday destinations.
With thoughtful updates and meticulous maintenance, the property is presented as a comfortable, flexible option with covered outdoor space and dedicated driveway parking.
Key Highlights
- Single‑family home built in 1960 in Staten Island’s Grasmere neighborhood
- 3 bedrooms and 2 bathrooms with a functional room layout
- Custom kitchen with dishwasher, disposal, dryer, microwave, and refrigerator
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
$29,259
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
3.90%
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%
$585,180
$585.2K
Cap Rate 7%
$417,986
$418.0K
Cap Rate 9%
$325,100
$325.1K
Market Conditions
NOI Build-Up for 1,292 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
$58.1K $45.00/SF
− Vacancy
−$4.9K −$3.83/SF
EGI
$53.2K $41.18/SF
− OpEx
−$23.9K −$18.53/SF
NOI
$29.3K $22.65/SF
Area
ZIP 10304
Vacancy
8.50%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
45.00%
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%
$585,180
Cap Rate 7%
$417,986
Cap Rate 9%
$325,100
Alternative Uses
Best Use
Apartment 5plus
$418.0K
$365.7K – $487.7K
NOI $29,259 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$616.5K
$539.4K – $719.2K
NOI $43,153 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,265
Businesses Nearby
Explore this area
Business Placement
Demographics for 10304, NY
46,944
Population
17,524
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
13,413
Density / Sq Mi
$71,506
Median Household Income
$41,752
Median Earnings
$1,516
Median Rent
$659,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Well-maintained colonial with 3 bedrooms, 2 baths, a covered patio, and four mini-split heating and cooling systems.
Where is this single family property located?
The property is located at 58 Columbus Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Single‑family home built in 1960 in Staten Island’s Grasmere neighborhood; 3 bedrooms and 2 bathrooms with a functional room layout; Custom kitchen with dishwasher, disposal, dryer, microwave, and refrigerator
