Two-Family Duplex
For Sale
$699,999
58 Roff St, Staten Island, NY 10306
Two residential configurations include a three-bedroom main unit and a separate one-bedroom apartment with individually billed utilities.
Property Size1,120 SF
Days on Market21
Property Features for 58 Roff St
General Information
Standard status
Active
Size
1,120 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 1BR, 1 x 3BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,400
Building Details
Building Size
1,120 SF
Buildings
1
Stories
3
Listing Agency:
E House Realty & Mgt. Inc.
(718) 680-2776
Listed By:
Nganoi Anna Huang
(718) 680-2776
Source:
Elliman
Added: Aug 5
Changed: Aug 10
Last Checked: Aug 24 at 6:58AM
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 E House Realty & Mgt. Inc.
Investment Insights
Based on property information with market context.
This two-family property combines a primary residence with a separate apartment. The main unit offers a living room, dining room, half bath, and sliding-door access to a deck and backyard. Its upper level contains three bedrooms with closets and a full bath. A first-floor one-bedroom apartment provides an additional residential layout, with gas and utility bills maintained separately.
Parking for the property is located around the corner and accommodates up to 2-3 spaces. The home is positioned within minutes of the Verrazano Bridge, with access to buses, schools, and shopping centers. WalkScore is 84, indicating a very walkable setting; TransitScore is 62, and BikeScore is 57.
Parking for the property is located around the corner and accommodates up to 2-3 spaces. The home is positioned within minutes of the Verrazano Bridge, with access to buses, schools, and shopping centers. WalkScore is 84, indicating a very walkable setting; TransitScore is 62, and BikeScore is 57.
Key Highlights
- Two‑family property with a three‑bedroom primary unit and separate one‑bedroom apartment
- Main residence includes living room, dining room, half bath, three bedrooms, and full bath
- Sliding‑door access leads from the dining room to a deck and backyard
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
$28,450
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
4.06%
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%
$569,000
$569.0K
Cap Rate 7%
$406,429
$406.4K
Cap Rate 9%
$316,111
$316.1K
Market Conditions
NOI Build-Up for 1,120 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
$43.0K $38.40/SF
− Vacancy
−$2.4K −$2.11/SF
EGI
$40.6K $36.29/SF
− OpEx
−$12.2K −$10.89/SF
NOI
$28.4K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
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%
$569,000
Cap Rate 7%
$406,429
Cap Rate 9%
$316,111
Alternative Uses
Best Use
Multifamily LT 5
$406.4K
$355.6K – $474.2K
NOI $28,450 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$361.2K
$316.0K – $421.4K
NOI $25,281 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$534.4K
$467.6K – $623.5K
NOI $37,408 @ 7.0% cap · market cap 5.34%
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
920
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
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 - Two residential configurations include a three-bedroom main unit and a separate one-bedroom apartment with individually billed utilities.
Where is this duplex located?
The property is located at 58 Roff St Staten Island, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two‑family property with a three‑bedroom primary unit and separate one‑bedroom apartment; Main residence includes living room, dining room, half bath, three bedrooms, and full bath; Sliding‑door access leads from the dining room to a deck and backyard
