Three-Story
For Sale
$699,999
Pending
58 Van Duzer St, Staten Island, NY 10301
Two separately metered apartments are occupied by long-term tenants.
Property Size2,673 SF
Days on Market457
Property Features for 58 Van Duzer St
General Information
Standard status
Pending
Size
2,673 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1925
Buildings
1
Stories
3
Listing Agency:
Prereal Prendamano Real Estate
Listed By:
Robert J Nixon · License #10401253010
(718) 816-7799
Source:
Statenislandhomelistings
Added: Jun 5, 2025
Changed: Sep 2
Last Checked: Sep 4 at 7:45AM
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 Prereal Prendamano Real Estate
Investment Insights
Based on property information with market context.
This three-story duplex at 58 Van Duzer Street contains two residential apartments. The first-floor unit offers two bedrooms and two bathrooms, while the second-floor residence includes two bedrooms, one bathroom, and attic storage with potential expansion options. The 2,673-square-foot property was built in 1925.
Both apartments are individually metered, including separate utility metering, and are occupied by long-term tenants. Current rents are below market levels, creating an opportunity to reposition the asset over time. The property is located in Staten Island, NY 10301.
Both apartments are individually metered, including separate utility metering, and are occupied by long-term tenants. Current rents are below market levels, creating an opportunity to reposition the asset over time. The property is located in Staten Island, NY 10301.
Key Highlights
- 2,673‑square‑foot duplex built in 1925
- Three‑story configuration with two apartments
- First‑floor unit has 2 bedrooms and 2 bathrooms
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
$59,276
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
8.47%
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%
$1,185,520
$1.2M
Cap Rate 7%
$846,800
$846.8K
Cap Rate 9%
$658,622
$658.6K
Market Conditions
NOI Build-Up for 2,673 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
$112.3K $42.00/SF
− Vacancy
−$4.5K −$1.68/SF
EGI
$107.8K $40.32/SF
− OpEx
−$48.5K −$18.14/SF
NOI
$59.3K $22.18/SF
Area
Staten Island, NY
Vacancy
4.00%
Lease Rate
$42.00 /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%
$1,185,520
Cap Rate 7%
$846,800
Cap Rate 9%
$658,622
Alternative Uses
Best Use
Multifamily LT 5
$949.6K
$830.9K – $1.11M
NOI $66,473 @ 7.0% cap · market cap 9.50%
Second Best
Apartment 5plus
$846.8K
$741.0K – $987.9K
NOI $59,276 @ 7.0% cap · market cap 8.47%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,279 @ 7.0% cap · market cap 12.75%
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
1,765
Businesses Nearby
Explore this area
Business Placement
Demographics for 10301, NY
41,474
Population
16,631
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
10,914
Density / Sq Mi
$84,937
Median Household Income
$50,140
Median Earnings
$1,697
Median Rent
$657,000
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 separately metered apartments are occupied by long-term tenants.
Where is this duplex located?
The property is located at 58 Van Duzer 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: 2,673‑square‑foot duplex built in 1925; Three‑story configuration with two apartments; First‑floor unit has 2 bedrooms and 2 bathrooms
